ELFA push on diversity and inclusion

The Equipment Leasing and Finance Association (ELFA) has signalled its commitment to diversity and inclusion with updates to both its mission statement and the 2019-2021 Strategic Plan. The new language affirms ELFA’s commitment to advancing diversity and inclusion across the association and the industry. A key part of the mission statement now reads: “ELFA exists to provide member companies a platform to promote and advocate for the industry, including attracting and developing new and diverse talent.”

ELFA push on diversity and inclusion

Nov 19, 2018

The Equipment Leasing and Finance Association (ELFA) has signalled its commitment to diversity and inclusion with updates to both its mission statement and the 2019-2021 Strategic Plan. The new language affirms ELFA’s commitment to advancing diversity and inclusion across the association and the industry. A key part of the mission statement now reads: “ELFA exists to provide member companies a platform to promote and advocate for the industry, including attracting and developing new and diverse talent.”

Aldermore wholesale and structured lending team hits £1bn funding mark

Aldermore, the specialist bank, has reached a lending landmark after delivering more than £1 billion worth of wholesale and structured funding. The achievement comes after the business launched a dedicated team in 2014. The business said one of the key drivers behind the achievement is the team’s ability to prioritise personal relationships and deliver flexible funding arrangements.

Aldermore wholesale and structured lending team hits £1bn funding mark

Nov 19, 2018

Aldermore, the specialist bank, has reached a lending landmark after delivering more than £1 billion worth of wholesale and structured funding. The achievement comes after the business launched a dedicated team in 2014. The business said one of the key drivers behind the achievement is the team’s ability to prioritise personal relationships and deliver flexible funding arrangements.

Japanese finance giant MUL buys into US market with ENG acquisition

Mitsubishi UFJ Lease & Finance Company (MUL) has announced the acquisition of ENGS Commercial Finance, as part of a push into the US market. In Japan, MUL is well-known for delivering vendor-based financing products and in 2015 it began expanding internationally by launching a dedicated business in Thailand. The US acquisition is the next step in its global growth plans.

Japanese finance giant MUL buys into US market with ENG acquisition

Nov 09, 2018

Mitsubishi UFJ Lease & Finance Company (MUL) has announced the acquisition of ENGS Commercial Finance, as part of a push into the US market. In Japan, MUL is well-known for delivering vendor-based financing products and in 2015 it began expanding internationally by launching a dedicated business in Thailand. The US acquisition is the next step in its global growth plans.

Americas

Brazil’s capital markets predicted to strengthen under Jair Bolsonaro

Nov 01, 2018

Brazil’s capital markets are predicted to strengthen under new president-elect Jair Bolsonaro. According to a new report looking at the financial impact of his election, Bolsonaro’s team has adopted a series of free-market policies and is in favour of privatisation of state financial assets. An Economist report, titled ‘Order and progress? Brazil’s post-electoral outlook’, concludes these are “sensible policies to develop Brazil’s capital markets.”

Asia Pacific

Santander builds ties to support China’s $900bn Belt and Road initiative

Apr 12, 2018

Santander and Bank of Shanghai have announced a strategic alliance as part of China’s Belt and Road initiative, one of the world’s biggest infrastructure projects. The memorandum of understanding between the two banks will focus on Europe and Latin America elements of the Chinese-led project to connect its mainland, the ASEAN countries, the Middle East, and Central and Eastern Europe via road and maritime routes. The initiative is set to be the defining legacy of Xi Jinping, China’s president, which has already attracted world leaders to discuss how the initiative will develop.