LeasePlan aims to raise ?1.5bn through online retail bank
International car lessor LeasePlan has announced plans to raise 1.5 billion with the launch of its online retail bank.
ByMonth: May 2009
Tipping point?
Antonio Fabrizio finds that captives are not having an easy time of it at present - but that their unique…
ByEditor’s Letter: Turning around the GM supertanker
Those observing the unfolding events at General Motors in the US have come up with a variety of clichs and…
ByFinance companies hit by hike in bad applications
The level of fraudulent motor finance applications detected in 2008 grew by 70 percent year-on-year, Experian reported.
ByHundreds of motor finance jobs to go at Lloyds Banking Group
Cuts at Speke and Chester sad but inevitable consequence of the integration of Lloyds TSB and HBOSs operations.
ByWelcome Car Finance to close
In a decision to further conserve cash and improve liquidity, the troubled subprime lender Cattles Plc has announced its proposal…
ByBritish Credit Trust starts subprime lending again
British Credit Trust (BCT) has started taking on new business once again, as of May 19.
ByFinn: New scrappage scheme could mean end of 0% deals
The CEO of the UKs largest dealership group has said that the scrappage scheme, which will offer carbuyers a £2,000…
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