All articles by Verdict Staff

Benetti to offer yacht finance services

Crowded shipping market poses problems for lessors

Crowded shipping market poses problems for lessors The shipping finance industry has had its horizons darkened substantially by continued asset price decay, as a result of a deepening drop in cargo demands, and a vessel oversupply crisis that shows no signs of abating

ING Car Lease to acquire Universal Lease Iberia

Fitch Ratings affirms VR Leasing at A and confirms BBB for Italease

GE Capital to restructure

GE Capital to restructure General Electric has announced it is reorganising its GE Capital unit, in a bid to save $2bn in 2009

Davenham shares tumble amidst turmoil

Siemens predicts swing towards asset finance in Europe

GMAC moves to cut consumer finance

Blaming the economic turmoil, GMAC Financial Services has announced it will stop offering consumer financing for the vehicles of its Opel, Chevrolet and Saab brands in seven European countries

Bulgarian leasing market grows 77.7%

Bulgarian leasing market grows 77.7% Bulgarias finance and operating lease market grew 77.7 percent year-on-year to 2.8bn in Q3, according to Bulgarian central bank data

Value of LCVs down 3.3%, says BCA

Value of LCVs down 3.3%, says BCA The average value of light commercial vehicles fell in October by a further 3.3 percent from the previous month, according to British Car Auction, the UK-based vehicle remarketing company.