Latest News from Capitas Finance
UK Asset Finance above 2008 levels
Some UK asset finance markets are “writing more new business than they were before the collapse of Lehman Brothers in 2008”, according to the Finance & Leasing Association (FLA).
- Date: 17 May 2012
-
Posted in:
Asset Finance
May saw sterling hit a high against the dollar and the euro!
No policy change doesn't mean a quiet month: After a quiet first quarter, April saw foreign exchange markets snapped back into life. And there's been no shortage of news to react to despite no change in monetary policy at home, across the Channel or in the United States.
- Date: 14 May 2012
-
Posted in:
Finance News
Eurozone turbulence spooks markets
Eurozone problems are back with a vengeance and the markets have been spooked. Rising support for the antiausterity parties in France and Greece started it. They want to renegotiate the current EU treaty to allow a bit more fiscal freedom and slower debt repayments. And now, for the first time, there is serious talk among central bankers that Greece might leave the euro. Meanwhile, the rescue of one of Spain’s biggest banks caused yet more turbulence…
- Date: 14 May 2012
-
Posted in:
Capitas News Brief
Economic headwinds threaten the buds of recovery
The gusts are particularly strong in the Eurozone. In France, they were enough to topple President Sarkozy while in Greece they’ve prevented a new government being formed. In the UK, the cool climate is holding back the manufacturing and services sectors and causing house prices to fall again. And all this is before many of the cold, hard austerity measures have come through the garden gates. The worry is that severe and synchronised pruning across…
- Date: 8 May 2012
-
Posted in:
Capitas News Brief
UK economy shrinks quarter on quarter
A contraction of 0.2% q/q in Q1 puts the UK back in recession. But first estimates are often revised, and it’s where we go from here that matters now. Sadly, there are few hopes of a rapid pick up in growth on the horizon. Europe is struggling on but Spain’s fragile banking system is adding to tensions. Meanwhile the US recovery looks like it might be more sluggish than hoped. Inflation and unemployment are disappointingly stubborn and the housing…
- Date: 30 Apr 2012
-
Posted in:
Capitas News Brief
Fourth option for new lease accounting standard
The bodies responsible for the upcoming lease accounting changes have agreed to consider a fourth option for the new standard following a recent joint meeting.
- Date: 26 Apr 2012
-
Posted in:
Asset Finance
Global growth re-forcasted upwards for 2012
Economic conditions across the globe are ‘somewhat improved’ according to the IMF, which edged up its global growth forecast for this year from 3.3% to 3.5%. It makes a change to have some good news, but of course there are risks – unsurprisingly mainly from the Eurozone. The IMF is worried that low growth and a need to boost capital will cause banks to increase their pace of deleveraging. This would send another chill through the financial…
- Date: 23 Apr 2012
-
Posted in:
Capitas News Brief
UK leasing business up 20% in key assets
New business volumes in UK leasing have risen more than 20% in key asset classes.
- Date: 11 Apr 2012
-
Posted in:
Asset Finance
| Page 1 of 17 | Next > |