All articles by Fred Crawley
Fred Crawley
German Supplement: German leasing in 2010: consolidation and acquisition
As German savings banks looks set to acquire chunks of the embattled Landesbanken sector, Fred Crawley asks if Deutsche Leasing will take an even greater share of the German leasing pie.
MAN seeks controlling stake in truck lessor
German heavy commercial vehicle manufacturer MAN intends to acquire a majority share in truck leasing company Euroleasing, giving it access to a fleet of some 1,000 vehicles.
Lombard and NatWest provide £2.5 million EFG loan
RBS leasing arm Lombard has played a part in the provision of £2.5 million (2.8 million) of Enterprise finance Guarantee (EFG) funding to polystyrene foam manufacturer Moulded Foams.
Commerzbank acquisitions add up to ?1.05bn loss in Q3
Commerzbank has implicated writedowns in its new Asset Based Lending (ABL) arm as one of the main factors behind its disastrous third quarter results, which showed a net loss of 1.06 billion for Germanys second biggest bank.
Hypo Group faces sale or bailout after another crippling year
Hypo Group Alpe Adria, the Austrian banking network owned by German public bank Bayerische Landesbank, may be facing nationalisation, breakup or sale thanks to proliferation of bad debt in its international leasing business.
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Aston Barclay rebrands auction sites
Remarketing group Aston Barclay has rebranded its three auction sites, and has announced its intentions to increase market share in the fleet, dealer and light commercial vehicle remarketing sectors.
New brand of execs
At executive level, it appears most people are still staying put, with very little movement in the market. But leasing companies are still finding ways to boost their capabilities at the top level of decision making, according to recruiters across Europe.
Lessors hit by law firm collapse
Genesis Capital enters liquidation despite signs of market recovery
Shire Leasing might be drawn into likely landmark test case
Logistics company includes broker in counterclaim against Universal Leasing
Back to square one
Lenders are said to be signing risky deals again leaving brokers wondering why they were culled in the first place.