All articles by Lorenzo Migliorato

Bridging association rebrands to FIBA with Tyler at its helm

The Association of Bridging Professionals has become the Financial Intermediary and Brokers Association (FIBA), and appointed Adam Tyler as its chairman.

WorldFirst: UK SMEs trading internationally drop by half in 2017

The number of UK SMEs trading internationally has reduced to just 26% over the course of 2017, down from 52% in 2016, according to research by WorldFirst.

FCA looks at easing communication with smaller supervised firms

Financial Conduct Authority (FCA) chairman Andrew Bailey has said the regulator will make efforts to ease communication with it for smaller firms.

3 Step IT revenues reach €609m in 2017

Alphabet portfolio grows 5.5% in 2017

The lease portfolio of Alphabet, BMW’s commercial fleet leasing subsidiary, grew 5.5% in 2017, reaching 680,000 vehicles.

Fiat Chrysler to phase out diesel by 2022: reports

Fiat Chrysler Automobiles (FCA) will remove the diesel option from all its cars by 2022, according to reports.

China’s Geely buys 10% stake in Daimler

China’s Geely has indirectly bought a 9.69% stake in Daimler, worth $9bn (€7.2bn, £6.4bn).

EIB supplies Raiffeisen Leasing with €30m for Bulgaria

Austria’s Raiffeisen Leasing has been granted a €30m (£36m) wholesale credit facility from the EIB, to improve lending in Bulgaria.

Volkswagen group sales revenue up 6.2% in 2017

The Volkswagen group has reported an increase in sales revenues of 6.2% in 2017, to €230bn (£202bn).

Carillion takes Barclays’ Q4 corporate banking impairment to £127m

Barclays’ corporate and investment banking division reported £127m (€143m) in impairments for the fourth quarter of 2017, which it said “largely reflected a single name corporate charge”.