All articles by Verdict Staff
Verdict Staff
Higher standards and sovereign wealth funds- the future of leasing?
Higher standards and sovereign wealth funds- the future of leasing The present credit crunch has, allegedly, been caused by US mortgage lenders granting loans to individuals who, too often, failed to repay the loan Loans have been made to individuals and families who were overstretched to make the repayment when credit was cheap and who were financially unable to deal with higher interest rates
Crime is paying
Crime is paying Much still needs to be done to combat the ever growing problem of leasing fraud, as this survey of European leasing associations demonstrates Yet fraud risk management is the key to not only loss prevention, but also sustaining the healthy existence of individual leasing companies and country leasing markets alike
Target on evasion
Target on evasion Octobers release of the pre-Budget report has brought more changes to taxation rules that will impact on lessees and lessors The pre-Budget report (PBR) on October 9 continued the tradition of announcing a biennial crop of new rules in lease taxation One of these represents the final chapter in the special rules on sale and finance leasebacks.This story started in 1997, at the time of the then Chancellor Browns first Budget statement
State signs historic deal
State signs historic deal State Securities, the UK sub-prime lessor, has just signed its biggest ever deal worth almost £5m State, an arm of Five Arrows, in turn part of Rothschild, the bank, did not release the customers identity, although the company, , said the customer a Midlands-based plant hire company wanted to restructure its existing debts and release its credit lines, raise cash and acquire two new vehicles
Mixed fortunes: Leasing in Romania, Austria, Poland and Germany
Mixed fortunes: Leasing in Romania, Austria, Poland and Germany On pages 18-20 we analyse the latest financials of four European countries
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
All change in wake of Angel Trains sale
All change in wake of Angel sale The three roscos face increasing competition following an influx in recent months of foreign banks into the rolling stock leasing marketplace A Leasing Life investigation has revealed that at least 10 foreign banks are now chasing rail finance deals in the UK, while more British banks are also taking an interest in this sector, putting pressure on HSBC Rail, Porterbrook and Angel Trains, the three roscos. This comes amidst details, first reported by Leasing Life staff, that the Royal Bank of Scotland is considering selling Angel Trains, its train lease subsidiary, in a bid to drum up cash for its buyout of ABN AMRO, and also get rid of assets that tie-up too much capital.
Peter Hunt analyses FLA statistics published for the year to July 31 2007
In July, FLA members wrote £7.5bn of new business Both business and consumer finance grew modestly on a month-on-month and annual basis
Demystifying modernity
Despite rapidly changing technology cycles, changes to capital allowances and confusion over how to implement pay-per-use strategies, IT equipment financing is proving to be buoyant and increasingly lucrative to lessors
Staff moves from across Europe
The Alta Group has appointed Alun Richards as a principal in its Europe, Middle East and Africa region.. Julian Rose has joined the Finance & Leasing Association (FLA) as head of asset finance and data policy..
Survey: Confidence for finance provision at a low
Lessors should expect less business from the financial services sector in the next year, according to a business confidence survey released today Some 34 percent of financial services firms expect capital expenditure in vehicles, plant and machinery to be lower in the next twelve months than in the past year