World Leasing Yearbook 2015  
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Asset finance Area Manager - THC Recruitment
Motor Finance Account Manager - South Kent - THC Recruitment
Motor Finance Account Manager - South and East Esse - THC Recruitment
Account Manager - Motor Finance - Dorset - THC Recruitment
Key Accounts Manager - Construction/Agricultural Finance - THC Recruitment
Area Sales Manager - Construction/Agricultural Finance - THC Recruitment
Broker Manager - Asset Finance - CBC Resourcing Solutions
Broker Manager - Asset Finance - CBC Resourcing Solutions
National Contract Hire Development Manager - CBC Resourcing Solutions
Senior Manager - Fleet Consultancy - CBC Resourcing Solutions
Senior Finance Assistant - CBC Resourcing Solutions
Management Accountant - CBC Resourcing Solutions
Head of Credit – Asset Finance – UK South location – salary range indication to £120,000 , possibly more as necessary plus all large company benefits , discretionary bonus & share options. - Robinson Toms Recruitment
Associate Director ( National Support )– Corporate Asset Finance – London – salary range to £85,000 + all usual bank benefits including company car or car allowance plus performance bonus typically 30% of salary - Robinson Toms Recruitment
Sales Manager – Pre Owned IT Assets – Western European responsibilities UK location required – Salary range to £70,000 & at this figure OTE would be > £115,000 , commission is uncapped with excellent accelerators once annual targets are achieved. . All u - Robinson Toms Recruitment
Account Manager – IT Finance – Stockholm – On target earnings preferred range to €120,000 possibly slightly more , base salary 60% of OTE , monthly paid uncapped commission paid on every deal closed with excellent accelerators once over 100% , plus all u - Robinson Toms Recruitment
Collections Team Leader – Asset Finance - South Midlands – salary range to £43,000 + 10% bonus & all large company benefits - Robinson Toms Recruitment
Partner Development Manager – IT Finance – Netherlands – OTE range €100,000 to possibly c€130,000 with a high basic salary. All usual large company benefits are provided , commission is uncapped & is paid monthly & from the first deal closed with excellen - Robinson Toms Recruitment
J1806 - Financial Services Account Manager - UK, SE Eng / Thames Valley - Asset Finance - New Leaf Search
J1784 - Senior Account Manager UK - SE Eng - Asset Finance - New Leaf Search
J1736 - Credit and Risk Analyst - UK, SE Eng (M Keynes) - Asset Finance - New Leaf Search
J1781 - Account Manager IT Vendor, S Eng - UK, Gtr London / SE Eng - Asset Finance - New Leaf Search
J1743 - Leasing Manager, Medical Captive Finance - France, Lyon or Paris - Asset Finance - New Leaf Search
J1695 - Credit Manager, UK- London - Asset Finance - New Leaf Search



Paragon buys 5 Arrows for £117m

Rothschild & Co (formerly Paris Orléans) has announced that it has entered into an agreement to sell its UK asset finance business, Five Arrows Leasing Group Limited (“Five Arrows Leasing”), to Paragon Bank PLC (“Paragon Bank”) for a consideration of approximately £117 million (c.€159 million). The transaction is expected to complete by 3 November 2015.



Leasing World Awards Dinner - October 1st, 2015
List of Award Winners

UK LESSOR OF THE YEAR (presented by Great American Lease & Loan Insurance)

* Close Brothers Asset Finance

2) BROKER CHAMPION LESSOR OF THE YEAR (presented by Great American Lease &
Loan Insurance)


3) SME CHAMPION OF THE YEAR (presented by Shire Leasing)


4) LEASING SERVICES PROVIDER OF THE YEAR (presented by Shire Leasing)


5) INDEPENDENT LESSOR OF THE YEAR (presented by CBC Resourcing Solutions)


6) BROKER OF THE YEAR (presented by Aldermore Asset Finance)




Leasing World Awards Dinner ONLY 3 PLACES LEFT



Car paranoia for legal eagles?

Supposing a firm leases a fleet of cars from a lessor, and overnight all those cars have to be recalled for the same fault. The usual lease agreement says the lessee has to keep paying whether the asset is available to use or not. 

But what if the lease is through the car manufacturer’s leasing captive?


The 7th Leasing World Awards 2015 Shortlists are here!

There can be no doubt that the night of the Leasing World Awards Dinner offers huge enjoyment to its guests, with many elated spirits, and maybe even a few stifled snuffles. All the broker funders will be there, as well as many of the other mainstream funders, and more and more broking firms as our Awards categories this year offer brokers so many more opportunities to win . .


Lombard’s Blocker beefed up

Lombard, the UK’s largest asset finance provider by volume if not by market presence, has announced the appointment of Brandon Hall as Relationship Director, Lombard Block Discounting. The obvious question on everyone’s lips is “Will we be seeing Lombard at the Christmas Blockers’ Lunch?”


New life for CIT UK

CIT UK has been acquired by Highbridge Principal Strategies whose UBO (Ultimate Beneficial Owner) is J P Morgan Chase.


Kennet now a Challenger bank?

Kennet Equipment Leasing Limited (“Kennet”), one of the leading independent equipment finance providers to small and medium-sized enterprises (“SMEs”), has signed a £50 million committed financing facility to provide financing to UK SMEs.


They should have googled it?

Did Google google their new name Alphabet before adopting the new handle? Because within a few hours of receiving the Google Alphabet announcement, our editor’s office received a terse email from Munich saying, “As being reported in the media, Google has founded a holding company called Alphabet. The website is owned by BMW Group . .


Customers to absorb interest rise?

Mark Carney, the governor of the Bank of England, has once more brought up the possibility of interest rate rises, this time gradual ones and only in line with changes in economic activity. Is this another false alarm? Nick Simpson of AFS UK warns . . .


D’Ammassa in top appointment

Aldermore Group PLC has appointed Carl D’Ammassa as Group Managing Director - Business Finance, reporting to Phillip Monks, CEO . .


Brokers existing clients source of most growth

Investec Asset Finance’s (“Investec”) annual survey of 181 brokers across the country has found that over 80 percent of brokers expect business volumes to increase by 5 percent or more over the next 12 months, with over 30 percent of brokers expecting business volumes to increase by 15 percent or more . .


Wheatley cut down?

The FCA has announced that Martin Wheatley is to stand down as Chief Executive with effect from September 12, 2015. Will this make any difference to the asset finance industry? Some still feel our industry was pulled into FCA-land by accident, the unintended consequence of an administrative reallocation of CCA licencing . .


Aye-aye, more changes to AIA

George Osborne bemoans the UK worker’s low productivity and knows that it could be boosted with newer and better equipment, but he still went ahead and more than halved the AIA, to £200K. They say he’s a very clever tactician . .


Double-trouble Budget for challenger banks

Challenger bank shares were hard hit by George Osborne's Budget announcements of a new corporation tax surcharge - a supplementary tax on banking sector profit of 8 percent to be levied on banks from January 2016.


Budget review July 2015

George Tonks of Invigors LLP summarises the Budget in a nutshell:
Having been elected with a small majority in May, the Conservative government has set about imposing its economic plans without the need to maintain support from its former coalition partner. The Budget statement on 8 July presented a wide range of reforms, some expected, others being surprises, with substantial amounts of detail to be digested.


NACFB announces Extraordinary General Meeting

On September 23rd the NACFB is inviting all its members to a special Interim Conference to support the next set of changes the Association has to make response to the regulated environment.


New Shawbrook Chairman

Iain Cornish is appointed Chairman of Shawbrook Group plc with effect from 6th July 2015. Sir George Mathewson will step down as Chairman and as a Director of the Company . .


Leasing Foundation seeks new Chair

The Leasing Foundation, the non-profit organisation that supports the leasing and asset finance industry, is to seek a new Chairperson following the announcement that Derek Soper of IAA-Advisory has stepped down from the role.


New FOS rules for B2B

Those lessors writing regulated B2B agreements which fall within scope of the Financial Ombudsman Service (“FOS”) jurisdiction should be aware that as their business is covered by the Consumer Credit it will be required to comply with the EU Alternative Dispute Resolution (“ADR”) Directive, from 9 July 2015


SMEs’ confidence keeps rising

When it comes to SMEs, the leasing industry has reached an all time high of market research into the state of SMEs’ health, needs, and future intentions. All SME business barometers report rises, all SME surveys are surging and all SME investment forecasts are increasing, so apart from the one or two annoying statistics like the number of SMEs saying they don’t need and won’t be using finance . .


GE $8.5bn healthcare sale

GE has announced the $8.5 billion sale of GE Capital Healthcare Financial Services to US bank Capital One. This is less than the $10-$11 billion mooted in the press from “people close to the matter” just three or four weeks ago.


Watch out: Uber’s understood leasing

Most people have heard of Uber, and know what it is - it’s a taxi service that’s given traditional taxi companies a lot to think about. But actually, Uber says it’s something different to that, Uber says it’s an App, and the App is now creating its own leasing company . .


Leaseurope head moves on

The Association for Financial Markets in Europe (“AFME”) has announced that Mr Tanguy van de Werve has been appointed as Managing Director, Advocacy, and Head of its Brussels office. AFME is, of course the same organisation joined by Jacqueline Mills last year, in the London office, after her many years as Leaseurope’s expert on the complex areas of lease regulation, capital allocation and accounting. Most leasing people would ask, “What is AFME?”


LeasePlan finally sells

LeasePlan Corporation N.V. has been sold, subject to relevant authority approvals, to a consortium of long-term investors that includes leading Dutch pension fund service provider PGGM, Denmark’s largest pension fund . .


Arval takes a bite from GE Capital Fleet Services

BNP Paribas has announced that Arval has signed a Memorandum of Understanding with GE Capital to potentially acquire its European fleet management activity. The scope of this acquisition covers more than 160,000 vehicles worth €2.4 billion . .


The time has come

The circular economy’s time has come and it fits perfectly with what the asset finance industry is good at doing, say DLL, and the reasons are clearly and comprehensively laid out in a newly-published quality White Paper . . 


Basel Bites

According to a new index corporate treasurers are already hit hard by Basel III. The new index measures impact of Basel III reforms on corporate banking products, finding a surprising level of impact being felt now . .


White Paper: China will be auto leasing giant

In the next 10 years, 1 in 3 cars in the world will be sold in China, concludes an authoritative White Paper from top global leasing software firm, Netsol Technologies. Therefore, auto leasing companies need to seize this opportunity


Basel Committee Finalises NSFR

The Basel Committee on Banking Supervision has finalised a common format for disclosure of the Net Stable Funding Ratio ("NSFR") standard that is expected to take effect in January 2018 following rulemaking in individual countries.


Leaseurope Q1 survey: record results

Commenting on the positive results of Leaseurope’s Q1 survey, Jean Pierre Vissers, EVP of De Lage Landen Vendor Finance Europe, said, “Record profitability, RoA and RoE ratios in Q1 2015, combined with the lowest cost of risk ratio in three years, highlights the strong financial position of the leasing industry as European economies return to growth . .


Leaseurope survey - Socgen rules

Leaseurope has announced its fourteenth consecutive Ranking of Top European Leasing Companies. The purpose of the Ranking is to provide a yearly update on new leasing volumes and portfolios of the largest leasing firms in Europe.
The top Leaseurope lessor was Societe Generale Leasing Solutions, when its motor arm ALD was included. Congratulations also to Aldermore for notching 28th place as the largest UK funder in the rankings.


What is the Internet of Things?

Tom Westdyk, Group Head and Managing Director, CIT Corporate Finance, Communications, Information Services & Technology, explains: By 2020, a projected 50 billion devices will be connected to the internet, storing and transmitting massive amounts of data in real-time. This is the "Internet of Things."


LeasePlan sale OFF

LeasePlan Corporation N.V., has announced that it has been informed by its 100 percent shareholder Global Mobility Holding B.V. (GMH) that discussions between GMH and a group of investors regarding a potential change of ownership have been terminated [nice of them to keep LeasePlan in the loop?].


Senior appointments at Leaseurope

Leaseurope has announced the promotions of Jurgita Bucyte and Hayley McEwen to the position of Senior Adviser in Statistics and Economic Affairs, effective 1 April 2015.



The Business Centre

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Leasing World is a hard copy magazine, which is mailed monthly to our subscribers. A digital version is available with two or more hard copy subscriptions. The typical edition features UK leasing news, surveys and legal pieces, plus shorter European and International leasing news stories. Special columns include Systems etc (software providers), Top of My Mind (latest legal info), Aspects of Fraud, City Chatter (a City lessor's blog, need we say more), Meanwhile Back in the Office, Recruitment Map, and Moves. There are always special features that examine a particular area of leasing, plus corporate profiles, conference coverage, and a Leasing events calendar.

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