Volvo’s leasing revenues down by 30% in first quarter
Geely-owned Volvo reported a slowdown in revenue from subscription, leasing and rental business, which decreased 30% year-on-year during the first…
ByMonth: April 2018
Volvo FS revenues up 13% in first quarter
Truckmaker Volvo's financial services division reported revenues of SEK 602m in the first quarter of 2018, up 13.3% year-on-year.
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Former Bibby staffer joins STB Commercial Finance as director
Secure Trust Bank Commercial Finance has appointed a sales director for the south-east of England.
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RBS Commercial Banking sees operating profits rise to £397m in Q1 2018
RBS Commercial Banking, including Lombard, saw its operating profits jump to £397m in Q1 2018, up 56% from Q1 2017…
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Gupta acquired Diamond Bank for UK trade finance to Commonwealth after Brexit
Wyelands Bank owner Sanjeev Gupta acquired Nigerian Diamond Bank's UK-regulated banking subsidiary, Diamond Bank (UK), subject to regulatory approval.
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Fraikin Group receives €500m recap after acquisition by consortium
A consortium of investors has acquired European commercial fleet lessor Fraikin for an undisclosed amount.
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Nordea warns business cycle starting to reach peak level
Nordea commercial and business profits hit €267m in Q1 2018, a 51% jump on the figure from Q1 2017, as…
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Metro Bank RBS SME application ‘progressing’ as profits hit £10m
Metro Bank RBS SME application cost £590k in Q1 2018 as the bank pursued the RBS alternative remedies package application,…
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