All articles by Lorenzo Migliorato

Lorenzo Migliorato

BoE’s Carney: motor debt not a significant risk to financial stability

Mark Carney has said the Bank of England is “comfortable” with banks’ exposure to motor finance, which in his eyes does not pose a risk to financial stability.

Uber hands leasing business to startup Fair

Uber has sold its Xchange Leasing portfolio in the US to Silicon Valley company Fair, and will from now on rely on the startup for US leasing.

Tusker appoints three senior staff

Tusker, a fleet manager and provider for companies’ benefit-in-kind programmes, has made a number of senior appointments.

BMW and Daimler on way to merge mobility operations: sources

BMW and Daimler are close to merging their mobility operations, according to a source from BMW.

Execs sue Moneybarn parent over unfair dismissal: reports

Four former executives at Provident Financial have launched claims at the employment tribunal over their unfair dismissals, according to reports.

Lords warn against no-deal Brexit for financial services

The EU and UK markets face fragmentation and financial instability if Brexit negotiations result in a “no-deal”, Britain’s House of Lords has warned.

Ford Credit names new CFO; group redesigns mobility division

Ford Credit has named Brian Schaaf as the next chief financial officer, as the current office holder moves into Ford’s overhauled mobility business.

Fiat-Chrysler doubles profits despite stagnating shipments

Fiat Chrysler Automobiles (FCA) has doubled its profits over 2017, despite global shipments remaining still at 4.7m units.

Ford Credit soars on US tax cuts but Europe financing lukewarm

US tax and job reforms helped pushed Ford Motor Credit net income up almost 120% year-on-year, but financing for Europe sales recorded a slowdown.

Close Brothers group finance director departs

Close Brothers’ group finance director, Jonathan Howell, will leave the group after ten years.