Société Générale signed a memorandum of understanding with French banking company Group BPCE for the divestment of its equipment finance business for a purchase price of €1.1 billion ($1.18 billion). read more
APR 11, 2024 - 6:53 am
Element Fleet Management established a centralized leasing function in Dublin and plans to create more than 70 new jobs in the process. The project is being supported by the Irish government through IDA Ireland. read more
FEB 22, 2024 - 6:43 am
Siemens Mobility founded Smart Train Lease, a leasing model for regional trains that will enable customers to supplement their fleets with rented battery, hydrogen and electric multiple-unit trains. read more
FEB 15, 2024 - 7:01 am
Daimler Truck Financial Services launched Mercedes-Benz Locações Caminhões e Ônibus, a rental business for truck and bus customers in Brazil with an initial focus on small and medium-sized fleet owners. read more
FEB 13, 2024 - 6:55 am
Equipment leasing company CSI Leasing continued its expansion by establishing two new subsidiaries in Europe: CSI Leasing Hungary in Budapest and CSI Leasing Austria in Vienna. Ivana Kundratova and Patryk Olszewski will be co-managing directors for both subsidiaries. read more
JAN 31, 2024 - 6:43 am
Daimler Truck Financial Services launched a partnership with Raiffeisen Leasing, a financial service provider in Romania offering financing and leasing to Romanian truck and bus customers. read more
JAN 22, 2024 - 6:38 am
HSBC Continental Europe completed the sale of its retail banking business in France to CCF, a subsidiary of Promontoria MMB SAS (My Money Group) on Jan. 1. read more
JAN 2, 2024 - 6:51 am
The CHG-MERIDIAN Group is expanding its geographical coverage in the Asia- Pacific region as part of its international growth strategy, as it entered into a cooperation with Japan’s SMFL Group, meaning it can now offer its technology2use solutions in Japan. read more
DEC 6, 2023 - 6:55 am
GA Telesis, a provider of services for the commercial aviation industry, continued its expansion in Europe with the establishment of a new leasing, investment, finance and trading (LIFT) office in Dublin, Ireland. read more
NOV 29, 2023 - 6:43 am
CSI Leasing Malaysia, a wholly-owned subsidiary of CSI Leasing, recently acquired ExportXcel, an established company in Malaysia dealing in used and refurbished IT equipment. read more
OCT 26, 2023 - 7:26 am
Citi agreed to sell its onshore consumer wealth portfolio in China, including clients, assets under management and deposits, to HSBC Bank China. The transaction covers total deposits and investment assets under management of approximately $3.6 billion. read more
OCT 10, 2023 - 6:55 am
Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR) showcased its capabilities to help clients meet Capital Requirements Regulation III and Basel IV requirements at its annual FRR Client Conference in Sitges, Spain, this week. read more
OCT 6, 2023 - 6:58 am
CSI Renting de Tecnología, a wholly-owned subsidiary of CSI Leasing, opened EPC Global Solutions Spain, a specialized IT asset disposition (ITAD) facility focused on the refurbishment and remarketing of used IT equipment. read more
SEP 13, 2023 - 7:00 am
Standard Chartered signed agreements for the sale of its global aviation finance leasing business for $700 million to AviLease, an aircraft leasing company owned by Saudi Arabia’s sovereign wealth fund. read more
AUG 29, 2023 - 7:13 am
JPMorgan Chase opened two new facilities in Mumbai and Bengaluru, strengthening its presence in India. The new workplaces are two of the firm’s largest technology and operations centers. read more
AUG 10, 2023 - 7:04 am