All articles by Verdict Staff

Verdict Staff

The road to cleaner living

The road to cleaner living As green legislation starts to permeate the financial services sector, particularly asset finance, leasing companies, such as Cooperative Asset Finance and Raiffeisen Leasing, are starting to embrace renewable energies and carbon-neutral assets, while other finance houses have finance packages designed to off-set polluting assets

Light Commercial Vehicles: Rising demand

There is no doubt that UK demand for light commercial vehicles (LCVs), and their financing facilities, is strong

Kilbee docks at Salans London office

Kilbee docks at Salans London office Mike Kilbee has taken up the role of consultant at the London office of law firm Salans A member of the Banking and Finance Group, Kilbee worked as an in-house lawyer for over 30 years and, prior to joining the firm, was Legal Director of Lloyds TSB Asset Finance Division, where he was responsible for setting policy Practicing in banking and finance, his expertise is in the fields of consumer credit, equipment leasing, contract hire, factoring and discounting, commercial lending and security, data protection and asset finance generally

HSBC Rail appoints new management team

HSBC Rail, one of Britain’s largest passenger train owners, has recently appointed a new management team, after denying speculation that its parent company was considering selling it in an attempt to reduce the negative effects of the subprime mortgage crisis

Share price at B&B drops to lowest point

The share price of Babcock & Brown which in August acquired an interest in Angel Trains from the Royal Bank of Scotland dipped 17 per cent today after Phil Green, who is also a former chief executive of the company, stepped down from the Australian-based financial services specialist.

Deutsche Bank energises Eurohold expansion

The securitisation of the leasing portfolio is the first deal of its kind in south-east Europe, and has given Eurohold subsidiary EuroLease Auto considerable muscle in its regional expansion plans.

H1 profits fall at BMW Financial Services

BMW Financial Services has announced second quarter before-tax profits of 64 million (£50 million), a fall of 66.1 percent from Q2 2007

Ox-traction seeks approval

Stephenson Capital rail investment funds, German locomotive manufacturer Voith Turbo and Andr Bloemen have requested clearance from the German competition authority Bundeskartellamt for their joint-ownership of locomotive lessor Ox-traction based in Roosendaal, The Netherlands.

On the move

Steve Heins has joined Frontline Solutions as operations director FS director and founder Andy Shuter said that Heins was an early contributor to the companys success, especially with the development of its DealTrak Broker system.