All articles by Brian Cantwell
Brian Cantwell
Over a million ageing vans on UK roads
One in three vans on UK roads are now at least ten years old according to UK broker LDF.
FLA: our members “7 times more productive”
The UK’s Finance and Leasing Association (FLA) has produced data, to be released to the press tomorrow, that shows productivity among FLA members providing asset finance (leasing and hire purchase) is almost 7 times higher than the national average.
Nordea Finance appoints Hupfeld chief executive
Nordea has appointed 44-year-old Peter Hupfeld as head of Nordea Finance, effective as of 1 September.
GE Capital aviation leasing in $6.4bn Airbus deal
GE Capital Aviation Services (GECAS), the aviation leasing and financing arm of GE, has ordered 60 Airbus A320neo aircraft, worth $6.4bn (5.69bn).
UK business borrowing against inventory doubles to £880m
Businesses are now using a record-high £880m (1215.27m) of funding secured against their inventory to fuel their growth, almost double the £444 million in use a year ago, says the Asset Based Finance Association (ABFA), the body representing the asset based finance industry in the UK and the Republic of Ireland.
GE leasing staff await role clarification in July
UK GE asset finance professionals are set to hear about their futures in July, according to a UK recruiter.
EIB mulls 250m investment for Austrian SMEs
The European Investment Bank (EIB) is considering a 250m investment in a credit line available for Austrian SMEs through UniCredit Bank Austria.
Top Box office appointment for Bibby
Steven Box has left HSBC and has joined Bibby as chief executive officer for its European operations outside the UK.
ABFA Chairman Ewen: “Loss of market share by traditional lending may be permanent”
Basel III makes return to unsecured lending unlikely, says the Association of Asset Based Finance (ABFA) at the association conference
UK regulator warns against US systemic risk label
The systemic risk label imposed on General Electric by US regulators which forced the giant to shed its financial wing and global leasing arm, has been criticised by the UK regulator, the Financial Conduct Authority (FCA).