International

China Said to Introduce Healthcare Corruption ‘Blacklist’

The Malaysian Insider reported that China will introduce a “blacklist” of drug and medical device manufacturers found to have paid bribes as it extends a crackdown on graft in the healthcare sector. read more

WSJ: Sumitomo Mitsui Foresees More Acquisitions in 2014

The Wall Street Journal reported that Sumitomo Mitsui Financial will continue to pursue selective acquisitions in 2014, with some European firms as interested sellers. read more

Societe Generale EF to Host Leasing Foundation Conference

Societe Generale Equipment Finance said it will host The Leasing Foundation's second annual conference at its corporate headquarters in Paris on October 2 and 3, 2014. read more

Zenith Appoints Fleet Consultant From GE Capital

Zenith, a UK-based independent leasing and fleet management company, said it added Andrew Cronin to its consultancy team. He previously served with GE Capital Fleet Services. read more

Alta Group: Equipment Leasing Growing in Latin America

Equipment leasing and asset finance is expanding in many Latin American countries, but the stark decline of Brazil’s leasing market in recent years has affected overall portfolio values in the region, according to the Alta LAR 100 report. read more

Leaseurope: New Leasing Volume Drops in Q3/13

Results from Leaseurope's Q3/13 survey showed that total new leasing volume reported by the sample of firms was almost €16 billion, a 0.7% drop from Q3/12 volume. read more

Reuters: Banks Should Adopt Voluntary Standards, Survey Finds

Reuters reported an industry survey finds the financial services industry should adopt voluntary standards to restore bank trust and create a "third way" between self-regulation and over-regulation from authorities. read more

Banks: Adapting to Relentless Waves of Financial Regulation

According to a risk report released by The Boston Consulting Group, global banking has diverged into a “three-speed world,” and ongoing reforms are now a “barrier banks must breach,” requiring a strategy of prioritizing and executing against current and evolving rules. read more

Waypoint Leasing to Triple Head Count

The Irish Times reported that Waypoint Leasing plans to treble its workforce in Ireland next year as it begins to deploy over $700 million in equity and debt funding that it has raised to date. read more

Leasing Foundation Future Leaders Start Development Program

The Leasing Foundation Future Leaders, nominated by the foundation's governors and fellows as the brightest new talent in the industry, are starting their development program with the first meetings hosted by CHP Consulting in London. read more

Rabobank to Pay $1B in LIBOR Settlements; CEO Resigns

Rabobank said it has agreed to pay more than $1 billion to U.S. and other regulators to settle investigations into Rabobank's LIBOR and EURIBOR submission processes. read more

Bombardier, CDB Leasing Agree on $2B CS 100/300 Deal

Bombardier Aerospace said it signed an agreement with CDB Leasing to acquire 15 CSeries jetliners with an option to acquire additional aircraft that, if exercised, would bring the total value of the deal to over $2 billion. read more

Westpac Acquires $8.4 Billion of Lloyds Assets

Westpac entered into an agreement to acquire Lloyds Banking Group’s Australian asset finance business and its corporate loan portfolio encompassing $8.4 billion of assets. read more

Laurentian Bank of Canada Enters Equipment Leasing Space

Laurentian Bank of Canada announced it is expanding the range of financial solutions it offers to its commercial clients with the addition of leasing products. read more

Leasing Foundation Conference Launches New Projects

The Leasing Foundation said more than 120 fellows, governors and invited guests attended its first conference, during which projects in education, research, diversity and leadership were launched. read more

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Terry Mulreany
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