All articles by Verdict Staff

Verdict Staff

Nordbank to shed leasing arm

German lender HSH Nordbank has announced intentions to exit the leasing market entirely, following an 82 per cent drop in overall net profits year-on-year compared to this time in 2007

Lease bonanza to Beijing Olympics

Net sales during the first two quarters of 2008 at a Swedish manufacturer and finance company grew 27 percent year-on-year thanks to lease equipment deals it signed for the Olympic Games in Beijing Swedish video and data networking equipment developer, Net Insight AB, saw net profits soar due to leasing of equipment to Beijing Olympic Broadcasting for the Olympic Games

London Scottish subsidiary goes to Hitachi for £28.5m

London Scottish Bank finalised a deal early in August to sell its invoice financing division to Hitachi Capital UK for £28.5m. It contributed £2.5 million to the banks balance sheet last year, 12 months in which it was hit by a £22 million impairment charge and was the first London-listed bank to be ordered by

Leader of the pack

Stefan Duller, head of Hypo Alpe Adria Leasing, is keen to build on his companys determined entry into South Eastern Europe over the past decade

LL Awards: SG Equipment Finance wins ‘Lessor of the Year’

LL Awards: SG Equipment Finance wins Lessor of the Year Representatives from a broad range of European leasing companies gathered in Brussels on November 12 to attend the Leasing Life Awards