Greensill Capital, a provider of supply chain financing that fell into administration last week, funded several transactions between Sanjeev Gupta’s businesses (GFG Alliance) and linked companies. In the article below, Matthew…
The world’s central banks (US Federal Reserve, Bank of England, Bank of Japan and the…
Credit Agricole Group, a parent to a French bank and provider of leasing and factoring, recorded a net profit of…
Societe Generale - the parent to the European leasing companies SGEF and ALD - demonstrated a “significant improvement” in its financial performance during the second half of 2020, against a net profit…
France's biggest bank by assets (and European lessor parent) BNP Paribas posted a net profit fall of -13.5% for full-year 2020 (to €7.07bn) versus 2019, yet its motor finance saw its fleet…
Investors expect European banking sector consolidation and an acceleration of non-performing loan (NPL) sales in 2021, Fitch Ratings says. In a poll of the audience (mostly investors) at Fitch's Credit…
Close Brothers Group delivered strong second-half performance last year across its three divisions, but the bank's outlook for 2021 will very much depend on how Government manages the scaling back…
Throughout 2020 Quotevine - a provider of software and services for the UK asset finance sector - unveiled a series of launches and collaborations to help SMEs manage their affairs during…
Leaseurope, the European trade federation representing the leasing sector, has called on the International Accounting Standards Board (IASB) to carefully balance the costs to SMEs of bringing leased assets onto…
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