All articles by Verdict Staff
Verdict Staff
Bank of Ireland shuts business finance unit
The Bank of Ireland Group has shut down its business finance division citing incompatibility with its long term strategy
Smartfundit.com reports 70% rise in users
Smartfundit.com the web-based IT financing exchange has reported a 70% increase in the number of registered users in 2007, bringing total users to 3,220 since it began services in January 2006
Raiffeisen Leasing invests over ?1bn in wind farms and ‘clean’ buildings
As environmental protection takes greater importance in all commercial activity, Raiffeisen Leasing of Austria is seizing opportunities by providing specialised services for projects in the renewable energy sector.
Lucrative leasing deal up for grabs in Poole
A multi-million pound leasing contract is up for grabs as Poole Council seeks ways to replace its existing fleet of 250 vehicles. The financial services arm of the council is considering whether to either raise the money through borrowings or operating leases, while local councillor, Don Collier, told journalists that the authority is likely to use a mix of buying and leasing
CIT legal head steps down
CIT Group Inc.s head legal counsel for Latin America, Rafael Castillo-Triana, has left his role to dedicate more time to clients of global consultancy firm, the Alta Group
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Wyse founder keen to expand WestWon after Power buy out
Wyse founder keen to expand WestWon after Power buy out In recent weeks, Power Leasing Ltd, the UK lessor and broker, has been acquired by WestWon Capital, an education finance specialist company
The Credit Crisis – Your Opinion
The Credit Crisis – Your Opinion With finance companies facing the consequences of the so-called “credit crisis” caused by sub-prime mortgages in the USA, implementation of Basel II is also gathering pace and growth forecasts are softening across a number of European markets That’s why, in conjunction with consulting group Invigors LLP, Leasing Life aims to create an authoritative, up-to-date perspective on how finance companies across Europe are responding to these challenges
Still shining
In 2006, leasing business grew by some 7.9 per cent compared to 7.3 per cent for investment growth
Over the first hurdle
Over the first hurdle Many European bank lessors are implementing the highest standard to measure credit risk
Cisco Capital finances wireless technology for NHS
Cisco Capital finances wireless technology for NHS Cisco Capital, the financial services arm of networking equipment supplier Cisco, has provided a lease facility to Kings Collage Hospital NHS Foundation Trust for the installation of campus-wide wireless infrastructure