CashNews.co In a world where the only constant is change, the corporate landscape has become increasingly dynamic, with the banking and finance sectors facing unprecedented levels of uncertainty. This unpredictability is not just driven by market forces but also by political shifts that have far-reaching impacts on economies worldwide. Technological advancements, regulatory changes, and shifting […]
CashNews.co By Lawrence White LONDON (Reuters) – Shares in British lender Close Brothers dropped 6.5% on Monday, while those of bigger rival Lloyds fell 3% as bank stocks with exposure to motor finance suffered further following an adverse court of appeal judgment on Friday. A London court ruled that motor finance brokers must fully inform […]
CashNews.co The Zacks Computers – IT Services industry participants are suffering from challenging macroeconomic conditions that are elongating the sales cycle. The adoption of consultation and transaction processing solutions has been affected by an uncertain macro environment. However, industry participants like Vertiv VRT, Check Point Software CHKP and CyberArk Software CYBR have been benefiting from […]
CashNews.co According to recent data, 78% of employees say they’re more likely to stay at a job based on the benefits offered. Furthermore, the cost of replacing an employee can be between one-half and two times the departing employee’s salary. To discover which industries offer the most comprehensive employee packages, international telecom provider TollFreeForwarding.com gathered […]
CashNews.co LIC Housing Finance Limited, one of India’s premier housing finance companies, made waves when it debuted on the stock exchange. Although this is not breaking news, revisiting this landmark event reveals several interesting insights about the financial market and investment trends. In June 1994, LIC Housing Finance launched its Initial Public Offering (IPO), a […]
CashNews.co EDITOR’S NOTE: Now in its 14th year, the RVBusiness Top 50 program celebrates those North American RV dealerships that, in the eyes of an esteemed panel of independent judges, best exemplifies dealer excellence in customer and community service. Winning dealers will be recognized during a presentation Nov. 13 during the RV Dealers Convention/Expo at Paris Las Vegas. […]
CashNews.co WASHINGTON, Oct. 28, 2024 (GLOBE NEWSWIRE) — The equipment finance industry expanded to an estimated $1.34 trillion in 2023—a new all-time high—with 82% of end-users using some form of financing to fund their equipment and software (E&S) acquisitions, according to an end-user survey from the Equipment Finance Industry Horizon Report 2024. The report, which […]
CashNews.co Motor finance advisory firm Auxillias has issued a set of practical recommendations to help motor finance firms mitigate risk following recent Court of Appeal rulings on commission disclosure standards. The rulings, which address cases involving Close Brothers and FirstRand, set new requirements for brokers to disclose commissions more transparently, imposing a standard that Joanne […]
CashNews.co L-R: PrivateCap Co-founders Bill Phelan and Barry Ripes (provided) Newly launched Chicago-based firm PrivateCap is connecting institutional investors with originators in the small and mid-market equipment finance sector, aiming to channel new capital into leases and business loans. Founded by former PayNet executives, Bill Phelan and Barry Ripes, PrivateCap as an investment management firm […]
CashNews.co The Court of Appeal has sided with consumers against banks and lenders in a motor finance test case, ruling that a broker could not lawfully receive a commission from the lender without obtaining the customer’s fully informed consent to the payment. Consumers who complained about ‘secret’ commissions on car loans, in a landmark ruling. […]