All articles by Fred Carwaley
Software finance in transition
With leasing penetration still surprisingly low in the 60bn European software market, there is great potential for this still-emerging asset class. The market may, however, be about to change, promising far greater opportunities and even bigger challenges. Fred Crawley and Grant Collinson find out
Round table: Human after all
For the latest Leasing Life round table, in conjunction with Transition Computing, 11 experts from the UK motor and asset finance industries were invited to the Cornhill Dining Room in London to debate the worth of consumer credit information and the benefit of casting a human eye over any proposal.
BNP leasing pulls Fortis UK over Basel III
BNP Paribas Leasing Solutions has begun withdrawing from the UK market as the bank begins adapting for the Basel III legislation. Jean-Laurent Bonaff, the French banks chief operating officer for retail banking, the division which encompasses leasing operations, announced Thursday 22 September the banks withdrawal was already underway. Speaking at BNP Paribas presentation in Paris, Bonaff said the company intends to exit the non-core leasing areas of real estate and yacht and private jet leasing, as well as countries where there is not sufficient scale
Fortis exits retail market
Fortis Lease is to exit the retail motor finance market in the UK, in a move that could give new funders the opportunity for a market entry by acquiring its book. A BNP Paribas Lease Group spokeswoman said: The decision has been made by BNP Paribas Lease Group that the business conducted by Fortis Lease UK was not core to the strategic objectives of BNP Paribas Lease Group
Syscap teams up with Computer 2000 in white label arrangement
Independent UK IT finance provider Syscap has signed a major white label financing deal with IT distributor Computer 2000.
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Europe’s biggest lessors begin ambitious drive across Europe
HSBC Equipment Finance, Deutsche Leasing, UniCredit Leasing and Raiffeisen Leasing among companies pushing new boundaries. As the spectre of the recession begins to lift, European leasing companies are gearing up for a determined push across the continent and beyond, Leasing Life can reveal.
The Dutch masters
ING Lease UK and De Lage Landen Leasing Limited are two very different UK-based leasing companies, but they have two things in common both are Dutch, and both are growing.Fred Crawley and Brendan Malkin go behind the scenes. At first glance it would appear that Chris Stamper, head of ING Lease UK, and Robert Ceribelli, who runs the UK arm of De Lage Landen (DLL), do not have much in common apart from, that is, the obvious fact that both run the UK arms of Dutch bank-owned lessors.
ING Lease back in the yachting business
Whereas the Southampton Boat Show last September seemed promising for the marine market, Januarys London Boat Show was significantly emptier than it was in 2009. Whatever the case, finance is still being provided Barclays and Lombard were exhibiting as always and several brokers were seen making the rounds for the first time.
Bank-owned lessors in battle to win share of lucrative Microsoft Financing portfolio
Three major European bank-owned lessors are vying to win a share of the lucrative Microsoft Financing programme, it emerged late last month.
The sleeping giant
As PASA is dismantled, leasing companies may see NHS business finally achieve its potential but with a number of them withdrawing from the health care sector, who will be around to reap the benefits.