All articles by Verdict Staff
Verdict Staff
Babcock & Brown to sell operating lease business as part of huge cut
Babcock & Brown to sell operating lease business as part of huge cut Embattled investment firm Babcock & Brown has earmarked its operating lease and structured finance business lines for sale, as part of a drastic restructuring intended to reduce debt levels and restore ruined share values.
Universal Leasing to be wound down
Universal Leasing to be wound down German financial services group GFKL Financial Services has announced its decision to sell or dissolve all of its leasing operations, and concentrate on core business lines of collection, factoring and software provision
Unicredit Leasing says turnover could rise 10%
In an interview with Italian business daily Il Sole 24 Ore, Massimiliano Moi, ceo of Unicredit Global Leasing, said that the company is not facing liquidity problems and that despite a further slowdown forecast for the Italian economy, he doesnt expect that this will negatively affect Unicredit Leasings activities.
Porsche to supply fleet to Romanian Post
Porsche to supply fleet to Romanian Post Porsche Mobility Co., the Romanian leasing arm of Porsche Bank Group, has won a tender to supply the Romanian Post (CNPR) with 727 vehicles.
OTP Bank sells Slovakian leasing unit
OTP Bank sells Slovakian leasing unit The Hungarian bank, OTP Bank, has announced that it has sold its Slovakian leasing unit to Credium, a Czech company wholly owned by Frances SOFINCO, for an undisclosed price.