The Bank of Ireland announced it has agreed to sell Burdale to Wells Fargo Bank. Headquartered in London, Burdale is a provider of asset-based lending to the UK market. read more

DEC 19, 2011 - 8:25 am

Wolf Minerals, a specialty metal exploration company, said it has appointed UniCredit Bank, ING Bank and Caterpillar Financial SARL to provide $85.5 million in senior debt finance facilities to fund a project in Southwest England. read more

DEC 19, 2011 - 8:05 am

Caterpillar said the industrial division of Sime Darby Berhad has acquired a portion of the former Bucyrus distribution business, which was included in Caterpillar's purchase of Bucyrus. read more

DEC 14, 2011 - 8:35 am

LiuGong Machinery, a global construction equipment manufacturer, said it is expanding its customer leasing and financing program to Europe and that it has selected BNP Paribas Lease Group as its financing partner. read more

DEC 14, 2011 - 8:15 am

CIT said it appointed Richard Green as president of CIT Europe. He is responsible for overseeing the European operations of CIT Corporate Finance and CIT Vendor Finance. Prior to this appointment, Green served as managing director of CIT Vendor Finance, Europe. read more

DEC 13, 2011 - 8:35 am

Bloomberg reported that BNP Paribas, Societe Generale and Groupe Credit Agricole had their credit ratings cut by Moody's Investors Service, which cited funding constraints and deteriorating economic conditions amid Europe's debt crisis. read more

DEC 9, 2011 - 8:15 am

According to a Bloomberg report, a consortium led by Macquarie Group is no longer bidding for Royal Bank of Scotland Group's aircraft leasing division after its offer was deemed too low. read more

DEC 8, 2011 - 8:15 am

Macquarie Leasing was awarded the CAFBA Financier of the Year Award, a back-to-back win for Macquarie and third CAFBA award win since 2003. Westpac Equipment Finance was this year's runner-up. read more

DEC 1, 2011 - 8:00 am

Leaseurope released it latest quarterly index report for Q3, which showed continuous improvement in a vast majority of key indicators compared to prior periods. Leaseurope noted that the total value of new business was up 13.2% compared to Q3 2010. read more

NOV 29, 2011 - 8:20 am

Siemens Financial (SFS) said it has obtained a non-banking financial company license from the Reserve Bank of India and expects to expand its presence in the Indian market as part of its strategic growth plans. read more

NOV 22, 2011 - 8:00 am

The NAELB said that GreatAmerica Leasing's Chris Walker has lost his battle with pancreatic cancer. Walker had served in various sales and business development positions with GreatAmerica since 1997. read more

NOV 21, 2011 - 8:55 am

Societe Generale Equipment Finance announced that for the second year in a row it received the "Vendor Finance Provider of the Year" award at the Leasing Life Awards Ceremony. read more

NOV 11, 2011 - 8:00 am

Reuters reported that Societe Generale will reduce aircraft financing "very significantly" and confine itself to a mainly intermediary role. The news comes after France's second largest bank report Q3 profit fell 31% primarily as a result of a writedown of Greek sovereign debt. read more

NOV 8, 2011 - 8:35 am

According to annual research by The Alta Group Latin American Region, although some Latin American countries and companies in the equipment leasing and finance industry witnessed growth, the region's overall leasing portfolio declined 6% in 2010 as measured in U.S. dollars. read more

NOV 3, 2011 - 8:10 am

Societe Generale Equipment Finance said it named Marie-Christine Ducholet chief executive officer effective October, 1 2011. She succeeds Jean-Marc Mignerey, who led SGEF since its creation in 2001. read more

OCT 7, 2011 - 8:15 am