IBM Global Offers Zero Percent Financing of i-Based Gear

IBM Global Financing is offering zero percent financing to celebrate the 25th anniversary of the OS/400 and IBM i platforms in Australia and New Zealand. read more

Leasing Foundation Launches Education Consultation

The Leasing Foundation said it has launched a consultation process to understand the needs of the leasing and asset finance industry in terms of education. read more

Leaseurope: Q1 New Leasing Volume Low

Results from Leaseurope's Q1/13 survey showed that total new leasing volumes reported by the sample of firms were under €15 billion, as economic uncertainty prompts customers to postpone investment spending. read more

Nordea Finance Chooses CHP's ALFA Systems

CHP Consulting announced that Nordea Finance has approved a four-year, multi-phased project to implement ALFA Systems for its Nordic companies. read more

UK Banks Cut 189,000 with Employment at Nine-Year Low

Bloomberg reported that Britain’s four biggest banks will have eliminated about 189,000 jobs by the end of this year from their peak staffing levels in 2008, bringing employment to a nine-year low. read more

Kingdom Joins Alta's Invigors Vehicle Finance Team

Invigors EMEA, part of The Alta Group, said that Robert Kingdom has joined the firm as an associate. Kingdom formerly served as head of strategic development at Leasedrive. read more

Hertz Dayim Equipment Rental, APR Energy Sign Agreement

Hertz Dayim Equipment Rental and APR Energy have announced a partnership agreement to develop business for fast-track power solutions in the Kingdom of Saudi Arabia. read more

Euro-Area to Shrink More Than Previously Estimated

Bloomberg reported that the euro-area economy will shrink more than previously estimated in 2013 as part of a two-year slump that has pushed up unemployment to a record. read more

Lessors to Face Hurdles to Recover Kingfisher Jets

The Oman Tribune reported that Indian airports have claimed international law must take a back seat to local courts in a dispute with foreign aircraft leasing firms over the future of grounded Kingfisher aircraft. read more

Leasing Foundation Launches Women in Leasing Initiative

The Leasing Foundation said Mary McNamara, CEO of Close Brothers' commercial division, will lead the organization's Women in Leasing Initiative. read more

China’s Leasing Industry Growth Rate 67%

According to a new market research report, in 2012, the business turnover of China’s financial leasing was about $250 billion compared to $150 billion at the end of 2011, a growth rate of 67%. read more

Diversity Advisor Joins Leasing Foundation

The Leasing Foundation said Stephanie Strickland has joined the organization as an associate advisor for the Foundation's Women in Leasing diversity initiative. read more

UK Banks Need to Step Up Pace of Asset Sales

The Wall Street Journal reported the Bank of England warned UK banks they must come up with $38 billion fresh capital, putting pressure on RBS and Lloyds to step up the pace of asset sales. read more

FSA Finalizes New Rules for Financial Benchmarks

The Financial Services Authority said it has finalized new rules and regulations for financial benchmarks that should help restore the trust that has eroded by the LIBOR scandal. read more

India High Court Supports Departure of ILFC’s First Aircraft

International Lease Finance announced the successful removal of its A321 aircraft from India following Delhi’s high court decision to allow the departure of the aircraft that was on lease to Kingfisher Airlines. read more

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