International

Element Fleet Management Establishes New Leasing Hub in Ireland

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

Siemens Mobility Forms Leasing Model for Regional Trains

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

Daimler Truck Financial Services Launches Rental Business in Brazil

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

CSI Leasing Expands European Footprint by Opening Subsidiaries in Hungary and Austria

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

Daimler Truck Financial Services Partners with Romanian Leasing Company

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

HSBC Continental Europe Completes Sale of Retail Banking Business in France

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

CHG-MERIDIAN Expands Coverage in Asia-Pacific Region Through Cooperation with SMFL Group

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

GA Telesis Opens New Leasing, Investment, Finance and Trading Office in Ireland

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

CSI Leasing Malaysia Acquires IT Asset Disposition Company

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

Citi Agrees to Sell Onshore Consumer Wealth Portfolio in China to HSBC

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

Wolters Kluwer Introduces OneSumX for Basel at Major Client Conference

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

CSI Renting de Tecnología Opens New ITAD Facility in Spain

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

Standard Chartered Sells Aviation Leasing Business to Saudi Arabia’s Sovereign Wealth Fund

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

JPMorgan Chase Opens New Offices in India

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

African Asset Finance Company Appoints Soomra an Officer of the Corporation

African Asset Finance Company, a provider of access to equipment in frontier and emerging markets through its Equipment-as-a-Service (EASE) brand, appointed Imraan Soomra an officer of the corporation. read more

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