All articles by Verdict Staff

Verdict Staff

Lombard to support Leasedrive

Lombard will provide asset finance to customers of Leasedrive Velo, a van and car lessor whose senior management last month bought a majority stake in the company

Dutch government buys parent company of ABN AMRO

Fortis statement on transaction with government of the Netherlands Dutch government acquires Fortis Bank Nederland (Holding) N.V., including Fortis’ interest ABN AMRO Holding N.V., and the Dutch Insurance activities

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

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