All articles by Verdict Staff

Immorent to build up Serbian deal capacity

GE streamlines in Europe while

HSBC Rail trumps Angel in deal for Transport Scotland

Scotland is set to take delivery of 130 new electric trains from late 2010 in a deal worth over £200m following a procurement process managed by Scottish government agency Transport Scotland. The deal, which is the largest boost to the countrys electric train fleet in almost a decade, featured two financial bidders and three rolling manufacturers. Bombardier, Hitachi and Siemens all tendered for the project with Siemens winning the rolling stock contract.

Sharia’a appointment in the City

GE provides 40 engines to Italian Airline

GE provides 40 engines to Italian Airline General Electric (GE) has been chosen by Italian airline Air One to lease 40 engines for its long-range fleet in a contract worth 320m.

A&L commercial banking profit increase of £11m

A&L commercial banking profit increase of £11m Alliance & Leicester commercial banking recorded a core operating profit increase of £11m to £89m for the first half of 2008

Daimler Financial Services reports modest growth

Daimler Financial Services reports modest growth Despite market turmoil, Daimler Financial Services has reported modest growth

Iveco deal for Schmitz

Iveco deal for Schmitz Iveco Capital, a new trading name for Iveco Finance, has leased one of its Stralis 44-tonne tractor units to Schmitz Cargobull

LVM in Calico Deal

LVM in Calico Deal Lombard Vehicle Management (LVM) has won a sole-supply agreement with Burnley-based Calico Housing to provide it with a fleet of car-derived Vauxhall vans on a contract hire basis The first 61 vehicles will be delivered in June, and LVM is to provide accident management services and a fuel card scheme Calico facilities manager, Julia Brown, said: Lombard was our existing supplier, but we conducted a rigorous tender and they emerged as the clear winners. Calico manages 4,500 rented houses

BNP sues homeless charity

BNP sues homeless charity BNP Paribas Lease Group, part of the French bank, is suing a homeless charity for £105,174 over an unpaid lease agreement The case appeared in the Metro newspaper and ran: Hastings Community Housing Association in East Sussex fell behind on £40 a week payments for £2,000 copier and BNPLG is demanding £105,174. A spokesperson for BPLG in the UK confirmed that legal action is being taken and as such could only comment on the costs published: I dont know where these figures for the cost of photocopier and weekly rental came from, but they are grossly underestimated.