All articles by Sotiris Kanaris
Sotiris Kanaris
SMBCE acquires GEs European Sponsor Finance business for $2.2bn
Sumitomo Mitsui Banking Corporation Europe Limited (SMBCE) has agreed to acquire GEs European Sponsor Finance business for approximately $2.2bn (1.98bn).
Alternative lenders outscore banks on flexibility and service, say small firms
Nearly half (45%) of small business owners said that greater flexibility was one of the main advantages of asset finance over traditional banking in a study by UK short term loan provider Amicus Finance.
Ultimate Finance Group recruits new regional director for North London
Baljinder Mali has joined UK broker Ultimate Finance as regional director with responsibility for North London, Slough and Reading.
Arval acquires GE Capitals European fleet business
Arval, the fleet arm of BNP Paribas Leasing Solutions, has signed a memorandum of understanding to acquire GE Capital Fleet Services business in Europe.
DLL: Asset reuse does not impact new equipment sales
A white paper released by DLL suggests that remanufactured pre-owned equipment product lines can boost lessor profitability.
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Syscap backs cloud service provider Arc Systems
IT leasing and asset finance firm Syscap has provided a credit line to Arc Systems, a provider of IT support and cloud services.
Winterhill launches ABL Service with three appointments
Former Edward Symmons inventory valuation professionals Paul Alfieri, Nick Pope and Gerard Conway have formed the new ABL Services team of invoice discounting provider Winterhill Receivables.
China Aircraft Leasing shares plummet as missing CEO quits
The pressure on China Aircraft Leasing Groups shares is expected to continue this week, as the company was unable to contact its former CEO Poon Ho Man, who resigned last week without explanation.
Rapid change will revolutionise banking
At the first of the Leasing Foundations talks on innovation in finance, Labour peer and former banker Mervyn Davies said the next real innovation in financial services will be determining what its core strengths are as banks spin out non-essential services, by Sotiris Kanaris and Brian Cantwell
Metro Bank appoints head of asset finance distribution
Metro Bank has appointed Nathan Mollett to the new role of head of asset finance distribution.