All articles by Brian Cantwell
Brian Cantwell
Underwriters The Warranty Group acquired for $2.5bn
US business Assurant has completed its $2.5bn (€2.14bn) acquisition of The Warranty Group from private equity firm TPG Capital.
Leasing and motor finance tech firm Dealflo bought for £41m
Dealflo, a provider of identity verification and end-to-end financial agreement automation to motor finance and leasing markets, was bought by US firm OneSpan for £41m (€46.76m).
FCA seeks to challenge £209.2m of revenues from high-cost credit
The Financial Conduct Authority (FCA) will seek reform across high-cost credit sectors after it published the results of its review into practices.
Leaseurope: EC mobility plan lacks clarity on access to in-car data
Leaseurope has said the EC’s third legislative Mobility Package, which covers a wide range of topics, including connected and automated driving, lacks clarity on access to in-car data.
VW and Avis push Zipcar electric vehicles in London
Zipcar, a car-sharing service owned by rental firm Avis, will introduce over 300 VW e-Golfs to London in July.
Raphaels Finance exits leasing and motor finance lending
Southampton-based UK lender Raphaels Finance has exited the asset finance and motor finance market with immediate effect.
PCF Bank profits hit £2.1m as it targets prime lending
PCF Bank profit before tax was up 20% to £2.1 million for the six months ending March 31 this year, (2017: £1.7 million) as it targeted prime lending.
FCA consults on variations in ‘unfair’ contract terms
The FCA will consult on guidance for the types of variations written and drafted in consumer contracts in financial services under the 2015 Consumer Rights Act.