All articles by Lorenzo Migliorato

Lorenzo Migliorato

£2.5m debtor to Close Brothers goes into liquidation

A Kent-based company owing almost £2.5m (€2.8m) to Close Brothers Asset Finance (AF) has gone into liquidation.

British Business Bank funds Tower Leasing with £25.5m

The British Business Bank (BBB) has extended a £25.5m (€28.6m) facility to Tower Leasing.

FSB: Late payment crackdown must be top of UK’s 2018 agenda

In his New Year message, Mike Cherry, national chairman of the UK’s FSB called on the government to tackle the UK’s poor payments crisis.

Fiat Chrysler’s Leasys sets up shop in Belgium

Leasys, FCA Bank’s leasing unit, has expanded its operations to Belgium.

Shawbrook and Investec acquire Lombard’s offshore ops: reports

RBS has agreed to sell Lombard operations in Guernsey and Jersey to Shawbrook and Investec for a cumulative £150m (€169m), according to reports.

Syscap brought under Wesleyan Bank brand

Syscap has been absorbed into the Wesleyan Bank brand in order to unify operations.

Funding Circle eyes £1bn flotation: reports

P2p lender Funding Circle is looking for advisers to a London flotation potentially worth £1bn, according to reports.

EBRD buys €11m bonds from Polish car lessor

The EBRD has bought PLN 46.8m (€11.2m, £10m) worth of securitised bonds from Polish car lessor Prime Car Management.

First lessor joins EBRD’s sustainability programme in Turkey

Aklease, part of Turkey’s Akbank, has become the first leasing company to join the European Bank for Reconstruction and Development’s programme for sustainability in Turkey.

Ex-Metro director to head new lending business

City of London Group has recruited former Metro Bank managing director Jason Oakley to build the team for a new property and financial services business.