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Leaseurope criticises IASB accounting standards progress 31 October, 2014 | By Brian Cantwell
Leaseurope has published an update paper criticising the International Accounting Standards Board's (IASB) project to develop a new accounting standard for leasing.
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CHG-Meridian gross Q3 profit hits €99m
Friday, October 31, 2014 by Brian Cantwell European lessor CHG-Meridian Group gross profits amounted to €99m at the end of the third quarter, down slightly from the €100m recorded in the same period 2013.
CHP publishes lease accounting white paper
Wednesday, October 29, 2014 by Brian Cantwell CHP Consulting has produced an updated whitepaper on changing standards in lease accounting, to address the latest output from the International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB).
New CCO for Alphabet
Wednesday, October 29, 2014 by Jonathan Minter Martin Quail has joined BMW’s fleet arm Alphabet as chief commercial officer.
IAA Advisory delivers training to Chinese lessors
Wednesday, October 29, 2014 by Brian Cantwell Asset finance and leasing advisory firm IAA Advisory has completed a training course for the leasing subsidiary of Chinese firm Great Wall Asset Management.
BoE: lending up £1.8bn to UK business in September
Wednesday, October 29, 2014 by Brian Cantwell The Bank of England reports that gross lending (excluding overdrafts) to non-financial businesses was £17.3bn in September compared to the average of £15.5bn over the previous six months.
UK bank Lloyds to clear 9,000 jobs by 2017
Tuesday, October 28, 2014 by Brian Cantwell Lloyds Bank has said it will target 9000 job cuts in the next three years as it seeks to reduce its branch presence in the UK by a net total of 150 branches.
Ebbon-Dacs expands into German fleet market
Tuesday, October 28, 2014 by Brian Cantwell Ebbon-Dacs, an e-procurement specialist for major leasing and fleet management companies, has opened an office in Hamburg as part of a German fleet market expansion.
A third of global hospitals to use asset finance
Tuesday, October 28, 2014 by Brian Cantwell Research from GE Capital finds that asset financing is on the rise across international healthcare providers, in both public and private hospitals.
US sees leasing leap; ELFA appoints new board and chair
Monday, October 27, 2014 The Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827bn (€652.55bn) equipment finance sector, showed the overall new business volume for September was $9.4bn, up 21% from the new business volume in September 2013.
Lex: a clean van is good business
Monday, October 27, 2014 Lloyds fleet arm, Lex Autolease, has published research showing that UK SMEs will tend to pick a business with a clean van when choosing where to trade.

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