The Chinese government has said it will open its financial services markets, including motor finance and leasing, to foreign investors.…
Volkswagen FS places €2.7bn in bonds and ABS
Volkswagen Financial Services (VWFS) has placed three bonds for €2.25bn (£1.95bn) in total volume, as well as AUD 750m (£407m, €467m) in securities backed by Australian receivables.…
China’s Geely buys 10% stake in Daimler
China’s Geely has indirectly bought a 9.69% stake in Daimler, worth $9bn (€7.2bn, £6.4bn).…
EBRD loans $10m to Uzbekistan juice producer
The European Bank of Reconstruction and Development has provided an Uzbekistan juice producer with a loan of $10 million (£7.6m, €8.6m).…
Macquarie sees profits up 20% in asset finance segment
Australian bank Macquarie’s corporate and asset finance division saw operating profits up 20% year-on-year in the March-September period.…