All articles by Brian Cantwell
Brian Cantwell
Leaseplan to acquire full ownership of Leaseplan Turkey
LeasePlan Corporation, a fleet management and driver mobility company, has signed an agreement to acquire the 49% stake which Turkish automotive importer and distributer Dogus Otomotiv holds in LPD Holding, the holding company of LeasePlan Turkey.
SGEF appoints Jehmlich as deputy chief executive
Societe Generale Equipment Finance (SGEF) has appointed Jochen Jehmlich as deputy chief executive officer, supporting Marie-Christine Ducholet as the current chief executive officer at SGEF.
DLL targets 300m European copier retail financing share
Dutch lessor DLL is targeting a copier retail financing market share of 300m across Italy, the Netherlands, the UK, Spain and Germany, after launching into those markets in June.
UK Brokers claim rising competition from direct funders
A majority of brokers in the asset finance sector believe that in the last year they have lost a substantial amount of business through direct funders approaching customers, according to a survey of 119 brokers from United Trust Bank (UTB).
Volksbanken AG sells Czech leasing arm to GE Money Bank
VB-Leasing International, the leasing business venture between Oesterreichische Volksbanken and VR-Leasing Aktiengesellschaft, has sold its leasing business in the Czech Republic to GE Money Bank for an undisclosed amount.
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Morton Fraser promotes Beverley Wood to partner
Law firm Morton Fraser has announced the promotion of senior associate Beverley Wood to partner.
Leaseurope criticises IASB accounting standards progress
Leaseurope has published an update paper criticising the International Accounting Standards Board’s (IASB) project to develop a new accounting standard for leasing.
CHG-Meridian gross Q3 profit hits 99m
European lessor CHG-Meridian Group gross profits amounted to 99m at the end of the third quarter, down slightly from the 100m recorded in the same period 2013.
CHP publishes lease accounting white paper
CHP Consulting has produced an updated whitepaper on changing standards in lease accounting, to address the latest output from the International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB).
IAA Advisory delivers training to Chinese lessors
Asset finance and leasing advisory firm IAA Advisory has completed a training course for the leasing subsidiary of Chinese firm Great Wall Asset Management.