Lorenzo Migliorato, Author at Leasing Life

Brokers

Bluestar, Conister provide leasing for UK drone distributor

Manx-owned Bluestar Leasing has agreed a leasing partnership with UK drone distributor Uplift Drones, funded by Manx subsidiary Conister Bank.

Companies

SocGen’s ALD acquires Spanish fleet provider

Societe Generale’s ALD Automotive has agreed to acquire Spain’s Reflex Renting, a B2B mid-term lease provider.

Bank Asset Finance

CYBG to bring Virgin brand to SME space following £1.7bn takeover

CYBG, the parent group of Clydesdale Bank and Yorkshire Bank, is to acquire Virgin Money for £1.7bn (€1.9bn), potentially boosting the reach of CYBG’s SME lending operations.

Brokers

Lex Autolease hits 100,000 broker-originated deals

Lex Autolease, the fleet and leasing division of Lloyds Bank, has hit 100,000 broker-originated deals, as brokerage becomes an increasingly important pipeline for the company.

Bank Asset Finance

BNP Paribas LS to acquire IKB Leasing Romania

BNP Paribas Leasing Solutions has signed a memorandum of understanding to acquire IKB’s leasing operations in Romania for an undisclosed sum.

Bank Asset Finance

IKB reveals details of PEAC leasing business sale

The February sale of German bank IKB’s leasing businesses to PEAC excluded operations in Slovakia and Romania, IKB’s latest financial statement show.

Companies

Baldwins Accountants appoints SME advisory director

Accountancy firm Baldwins has appointed an associate director tp its East Midlands banking and finance advisory, with experience across established lenders and the fintech sector.