J.P. Morgan Plans to Expand in Greece

J.P. Morgan plans to open a new office in Athens, Greece, to support the organic growth of its businesses in the country. The office will also house a new payments innovation lab for which the firm will be hiring a payments research and development team locally. read more

DLL Acquires 20% of Inquieto Moving Attitude

Inquieto Moving Attitude, a company of the Spanish multinational company GAM that specializes in solutions for the sustainable mobility industry, signed a 20% equity stake investment deal with DLL. read more

Loxam Joins SmartEquip’s Global Equipment Service and Parts Network

Loxam joined SmartEquip’s global equipment service and parts procurement network. read more

Société Générale Ceases Activities in Russia, Sells Stake in Rosbank

Société Générale will cease its banking and insurance activities in Russia and signed a sale and purchase agreement to sell its entire stake in Rosbank and its Russian insurance subsidiaries to Interros Capital, the previous shareholder of Rosbank. read more

TIP Establishes $226.28MM ABS Facility

TIP, a portfolio company of I Squared Capital, established a new pan-European asset-backed securitization facility for its operational lease portfolio. The senior facility amounts to €200 million ($226.28 million) with a two-year tenor and is provided by Rabobank and Commerzbank. read more

KBRA: Inflation May Create ‘Significant’ Implications for European Structured Finance Sector

According to Kroll Bond Rating Agency’s 2022 European structured finance sector outlook, inflationary pressure could lead to rising interest rates in 2022, which could crease a positive environment for securitization issuance. read more

DLL and EIB to Provide $417.7MM in Lending for Climate Projects by SMEs in Benelux

DLL and the European Investment Bank (EIB) signed new lending agreements that will make available up to €370 million ($417.7 million) in new lending to climate-conscious small and mid-size enterprises in the Benelux region. read more

FTAI Closes Sale-Leaseback for 16 Aircraft with Alitalia and ITA Airways

FTAI Aviation, a wholly-owned subsidiary of Fortress Transportation and Infrastructure Investors, closed a sale-leaseback for the majority of 16 A320 family aircraft with ITA Airways and a company of Alitalia, with the remaining closings expected soon.  read more

CSI Leasing Acquires Leasepartner and Leasemaker in Norway, Launches New Subsidiary 

CSI Leasing acquired two companies in Norway: Leasepartner and Leasemaker. CSI Leasing now has leasing subsidiaries in 10 European countries and services customers in more than 50 countries. read more

SmartEquip Partners with Diamond Construction Equipment to Launch Services in Japan

SmartEquip launched its services, which will be operated in partnership with Tokyo-based Diamond Construction Equipment, in the Japanese market. read more

Gol and Grupo Comporte Order 250 VA-X4 Zero Emissions Aircraft from Avolon

Avolon entered a partnership with Gol, a Brazilian airline, and Grupo Comporte, a Brazilian transport operator, to commercialize an eVTOL ride sharing platform in Brazil. As part of the agreement, Gol and Grupo Comporte committed to purchase or lease up to 250 VA-X4 eVTOL aircraft. read more

New Partnership Opens the Way for Rail Freight KYC (Know Your Cargo) Technology

The Rail Working Group and Nexxiot will work together to drive complete digitization and security of worldwide cargo and rail assets. New partnership opens the way for rail freight KYC (Know Your Cargo) technology – transparent worldwide tracking of rail freight and rolling stock. read more

ACT Research: China’s Commercial Vehicle Market Experiences Sales Uptick in Q1/21

According to the recent release of ACT Research’s China Commercial Vehicle OUTLOOK, sales of commercial trucks and tractors in China grew quarter over quarter and year over year in Q1/21. read more

Bombardier Delivers First Global 7500 Aircraft in Indonesia

Bombardier delivered a Global 7500 business jet to an undisclosed customer in Jakarta, Indonesia, marking the first delivery of the aircraft type to the country. read more

ING Appoints Bester Head of Wholesale Banking

ING appointed Andrew Bester a member of the management board banking and head of wholesale banking. Bester will officially take up his position on April 6, succeeding Isabel Fernandez, who stepped down on Dec. 31. read more

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