All articles by Verdict Staff

HBOS small ticket leasing face job cuts amidst restructuring

IT clampdown on ID theft

Staff moves from across Europe

HypoAlpe-Adria-Leasing take 34 percent of Serbian Market

HypoAlpe-Adria-Leasing take 34 percent of Serbian Market Austrian HypoAlpe-Adria-Leasings Serbian arm has increased its market share by 4.6 percent to 34 percent since the end of 2007, and maintains a leasing portfolio of 749m as of June 2008.

GE streamlines and restructures

GE streamlines and restructures In an effort to streamline the company, GE is about to realign its organisational structure; it will move from having six segments to having four, including two infrastructure segments GE Capital, which is led by vice chairman Mike Neal, will be responsible for all the financial service businesses, including commercial finance, GE Money, industry verticals (GECAS Energy Financial Services), and corporate treasury. GE Technology Infrastructure, will be led by vice chairman John Rice, and will include healthcare, aviation, transportation and enterprise solutions.

Jobs go at GE Capital Solutions Switzerland

Jobs go at GE Capital Solutions Switzerland Leasing Life has exclusively learned that two thirds of GE Capital Solutions Swiss workforce is to be cut. However, we will not be closing down our office in Switzerland, but continuing to work with large local customers and servicing Pan European customers with operations in Switzerland.

Online financing 10% of syscap’s business

Online financing 10% of syscaps business Independent IT finance provider Syscap has witnessed a sharp increase in online trading, which now accounts for 10 per cent of business Syscap Online sits with the companys Option One vendor financing programme, and since its launch in January has boosted business originated through Syscap Online from £43 million to £53 million.

Alta Group appointment

Alta Group appointment Global asset finance consultancy The Alta Group has appointed Steve Robinson as a principal, EMEA region. Robinson, former De Lage Landen MD, Asia Pacific, has 30 years international experience specialising in business management and development, including multi-country vendor programmes and the establishment of new-start asset finance companies

Raiffeisen Leasing makes vendor finance partnership in CEE

Raiffeisen Leasing makes vendor finance partnership in CEE Raiffeisen Leasing International (RLI), the holding company of the Raiffeisen Leasing network in Central and Eastern Europe, has signed a vendor finance agreement with NACCO Materials Handling Limited, a lift truck manufacturer.

Stagecoach sounds out market for £200m train leases

Stagecoach sounds out market for £200m train leases Each month, freelance writer and asset finance specialist Anthony OConnor breaks exclusive news and provides analysis about business in the European rail finance sector UK transport group Stagecoach is sounding out the market for a £200m rolling stock financing package that could result in a deal being awarded to banks or financial institutions outside of the UKs Rosco framework.