All articles by Verdict Staff
Verdict Staff
Leasing Life diary of events 2011
1: Financial Services Authority announces changes to its remuneration code, in line with Capital Requirements Directive and the Financial Services Act 2010 In Europe, Poland rises to 23 percent, Portugal to 23 percent, Switzerland to 8 percent, and the Republic of Ireland to 23 percent
Euro Auctions opens in Valencia
Plant and construction equipment auctioneer Euro Auctions has opened a new sale site in Valencia, Spain, adding to its existing sites in Dormagen, Germany, Dromore, Northern Ireland, and Leeds, UK. The site was strategically chosen to support Euro Auction’s expansion, and in response to demand from regular consignors Jonnie Keys, Euro Auctions general manager, said: “The Valencia site is positioned to support the currently buoyant markets of North Africa, south Eastern Europe and the Middle East, which seem to be ignoring global economic trends.”
Letter to the editor
First of all I want to thank you most sincerely for your support at the awards evening in Milan. Receiving an award was very special to me, particularly as it had never crossed my mind that a Lifetime Achievement Award was on the agenda this year I must be getting old as I never picked up any of the vibes and I have always prided myself that it is one of my skills set.
CHP promotes top team as it prepares for growth
CHP Consulting has enhanced the roles of its directors as it anticipates an increase in size by as much as five or 10 times. Andrew Denton has been made chief operating officer, adding the ALFA product to his existing sales and marketing and communications briefs.
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Review of 2010, the top stories
Diversification was floated as a strategic aim for the sector in order to drive growth for the future The trend had already been seen among some leasing companies, such as GE Capital which had combined its fleet, contract hire, business lending, factoring and equipment finance divisions
Plant and machinery pick up
Investment in plant and machinery by small business grew for the first time since the recession began in the three months to end-September. Julian Rose, head of asset finance at the FLA, which collated the figures, said: “Growth in business investment in new plant and machinery is a positive sign for the manufacturing sector and encouraging for the economy as a whole
People on the move – December 2010
Arval has appointed Grgoire Chov as CEO for a newly created international business line dedicated to new channels and SMEs. The company has also appointed former country manager Tero Tapala as group sales director as part of its bid to grow market share internationally.
Contract awards for European public sector deals
Contract awards for European public sector deals
The Leasing Life Asset Finance Awards 2010
The awards recognised outstanding performance in European leasing, taking account of criteria which range from financial performance to innovation, product development, and customer management. The winner of the 2010 lifetime achievement award started out in leasing at Mercantile Leasing in 1960.