All articles by Verdict Staff
Verdict Staff
European Bank Lessors: Personal relationships still rule the roost among bank lessors
European Bank Lessors: Personal relationships still rule the roost among bank lessors Leasing Lifes series on European banks (September 2007 issue number 168) underlines a trend which has been in the making for some time that of the banks slowly but surely taking back the control of their leasing activities
Martin Hall changes direction
Martin Hall changes direction Martin Hall, who until this July was director general of the Finance & Leasing Association, has been appointed non-executive director of Copernicus
Commercial Vehicles: More service, please
Commercial Vehicles: More service, please Confidence is high among contract hire lessors in commercial vehicles, with business volumes growing, especially in heavy trucks. Though perhaps still best known in the business car fleet sector, contract hire is very long established in the UK in both light commercial vehicles (LCVs) and heavy goods vehicles (HGVs).
KBC expands further into Russia
KBC expands further into Russia Belgian banking and leasing group KBC, has just announced detailed plans for an expansion strategy in Russia – utilising the branch network of Russias Absolut Bank, in which it recently acquired a controlling stake
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
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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.