RBS Adds Hodgson to London ABL Team
Royal Bank of Scotland expanded its asset-based lending team in London with the appointment of Charlie Hodgson as business development director.
Royal Bank of Scotland expanded its asset-based lending team in London with the appointment of Charlie Hodgson as business development director.
UK-based bathroom retailer bathstore secured a funding deal with the Royal Bank of Scotland’s Asset-Based Lending team.
The Royal Bank of Scotland provided UK-based breakfast cereal manufacturer Bokomo Foods with an asset-based lending facility to support its acquisition of Streamfoods.
Haydock Finance increased its funding facilities with the Royal Bank of Scotland and the bank’s asset finance partner Lombard to £37.5 million ($49.5 million).
MS Distribution secured a £2.75 million ($3.62 million) asset-based lending funding facility from Royal Bank of Scotland’s Asset-Based Lending team.
Seven of the world’s biggest banks have agreed to pay $324 million to settle claims they conspired to rig an interest rate benchmark used in the derivatives market. ABF Journal illustrator Jerry Gonzalez envisions the judgement day.
The Wall Street Journal reported that 20 of the world’s biggest banks have lost 25% of their aggregate market value — approximately $465 billion — according to data from FactSet.
Bloomberg reported seven banks have agreed to pay $324 million to settle claims they conspired to rig an interest rate benchmark used in the derivatives market.
RBS Invoice Finance appointed Melinda Purdy head of Asset-Based Lending for the UK.
Amicus Commercial Finance secured an asset based lending facility from Royal Bank of Scotland’s Asset Based Lending team to support the new start up’s entry into the SME finance market.