Bloomberg reported that after meeting Treasury Secretary Geithner and Fed Chairman Ben Bernanke, Finnish Prime Minister Jyrki Katainen said the two U.S. officials are concerned about the European banking industry. read more

JUN 7, 2012 - 7:10 am

Bloomberg reported that at a recent investor conference, Wells Fargo chief John Stumpf said the bank’s direct exposure in Europe is “almost nil,” but “there would be some spillover” if the turmoil in the region leads to another contraction. read more

JUN 1, 2012 - 1:45 pm

Leaseurope released its latest quarterly index report for Q1, which showed that all three key ratios (profitability, cost/income and cost of risk) have recovered after deteriorating in Q4/11, although the individual indicators for the Q1/12 have worsened slightly in relation to Q1/11. read more

JUN 1, 2012 - 6:50 am

CFO notes in a story today (5/30/12) that May was another slow month for M&A transactions in North America caused by "concerns over weakening trends in Europe weighing on growth elsewhere." read more

MAY 31, 2012 - 7:15 am

Canadian Western Bank said it has agreed to purchase 97% of the preferred shares of National Leasing Group, with further agreements to acquire the balance. In exchange for all preferred shares, the bank will issue $63.5 million of common shares. read more

MAY 17, 2012 - 8:25 am

Cassiopae, a global asset finance software provider, said its V4 software now supports Islamic Finance, a key requirement for finance companies doing business in Islamic countries. read more

APR 18, 2012 - 8:05 am

NetSol Technologies said it has signed an agreement valued at $4 million to implement its entire Netsol Financial Suite solution with the captive arm of a major Japanese auto manufacturer. read more

APR 11, 2012 - 7:45 am

Lesaeurope, the trade association representing the European leasing and auto rental industry, notes in a report based on a preliminary survey that new leasing business for equipment "showed strong growth in 2011 of 8.4%." read more

MAR 5, 2012 - 8:00 am

The Alta Group Latin American Region said it has appointed three new consultants to expand capabilities where business growth is occurring for equipment leasing and finance operations in Latin America. read more

JAN 26, 2012 - 8:30 am

With intensifying strains in the euro area weighing on the global outlook, the International Monetary Fund has sharply cut its forecast for world growth this year, saying prospects have dimmed and risks to financial stability have increased. read more

JAN 26, 2012 - 8:00 am

Reuters reported that Japan's Fujifilm said on it is considering supporting scandal-hit endoscope maker Olympus, although neither side looks likely to move quickly on an equity alliance that Olympus needs to shore up its finances. read more

JAN 18, 2012 - 8:35 am

Reuters reported that private equity firm TPG Capital is exploring a joint investment with a series of technology firms in providing capital and expertise to help revive Olympus. read more

JAN 13, 2012 - 8:35 am

Bloomberg reported that governments of the world's leading economies have more than $7.6 trillion of debt maturing this year, with most facing a rise in borrowing costs. read more

JAN 3, 2012 - 8:20 am

CNH Global said it will build a new manufacturing plant in China that will produce high horsepower tractors, combine harvestors and other machinery featuring advanced technology. read more

DEC 28, 2011 - 8:00 am

The Yorkshire Post reported that prosecutors raided offices of medical equipment maker Olympus and the home of a former executive in a probe into a $1.6 billion accounting fraud that has threatened the company's survival. read more

DEC 21, 2011 - 8:35 am