Key Equipment Finance has
confirmed it will remain in the European market but that it is to
streamline operations.
European clients will be
served from centralised offices in the UK, France, Germany, Italy
and Spain.
Go deeper with GlobalData
The equipment financing
solutions company said in a statement: “The European market is a
top priority for Key Equipment Finance [KEF].
“We are streamlining our
European operations and will now serve all European clients from
our centralized offices in the UK, France, Germany, Italy and
Spain. We remain fully committed to meeting the needs of our
clients in the United States, Canada and Europe.”
The KeyCorp subsidiary began
consultations with staff in some of its European offices for a
proposed restructuring in the region last month.
Future moves may include the
run-off of the Nordic book and closure of the operation in the
territory.
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By GlobalDataKEF has historically also listed its offices as being in
Austria, Belgium, Denmark, Finland, Ireland, Luxembourg, the
Netherlands, Norway, Sweden, and Switzerland.
