Aug 16, 2018
International Asset Finance Network (IAFN) has reported a record number of entries for its 2018 annual awards ceremony. Every year IAFN runs an awards programme. Nominations are judged by a panel of very senior industry executives and the winners receive their trophies at the awards dinner, which follows the conference. As the company has expanded IAFN’s programme to include equipment finance it has expanded the awards programme to cover equipment finance. As a result this year the judges are assessing the entries for some 20 industry awards.
Aug 14, 2018
Orix Aviation is to acquire a 30% shareholding in international aircraft leasing company Avolon in a deal worth $2.2 billion. On completion of the deal, the revised Avolon board will have two Orix directors, three directors from Bohai Capital, one independent director and Avolon CEO Dómhnal Slattery as executive director. The purchase is expected to complete in the fourth quarter of 2018.
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.