All articles by Lorenzo Migliorato

Lorenzo Migliorato

BoE’s Carney: auto finance debt not a significant risk to lenders’ stability

Mark Carney has said the Bank of England is “comfortable” with banks’ exposure to motor finance and it does not pose a risk to their financial stability.

Carney: BoE has resources to handle post-Brexit licences demand

Mark Carney, governor of the Bank of England, said the Bank would cope with licence re-applications from the banking sector should a Brexit deal on financial services not be reached.

Uber hands leasing business to startup Fair

Uber has sold its Xchange Leasing portfolio in the US to Silicon Valley company Fair, and will from now on rely on the startup for US leasing.

Caterpillar Financial grows revenues and retail volumes

Cat Financial, the finance subsidiary of building machinery maker Caterpillar, has seen its revenues grow 4% to $2.69bn (€2.16bn) in 2017.

Tusker appoints three senior staff

Tusker, a fleet manager and provider for companies’ benefit-in-kind programmes, has made a number of senior appointments.

Dutch parent banks hit by cyber-attacks

Dutch parent banks of three lessors have been hit by cyber-attacks one after the other over the last 48 hours.

EIB and HSBC partner for trade finance in Greece

The European Investment Bank has partnered with HSBC to provide a wholesale facility for trade finance to Greece’s SMEs.

Lords warn against no-deal Brexit for financial services

The EU and UK markets face fragmentation and financial instability if Brexit negotiations result in a “no-deal”, Britain’s House of Lords has warned.