But those gains evaporated as the Nikkei 225 closed day down 0.6%, at 9, 876.15, as investors mulled new shares placements from finance leasing firm Orix Corp.

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The Finance and Leasing Association (FLA) said that some people's interest rates had dropped.

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The other three trade bodies that agreed to the new charter are the BCCA, a trade association for lenders offering short-term loans, the Consumer Credit Trade Association and the Finance and Leasing Association.

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Mercedes is setting up a special network of dealers and arranging leasing finance to attract customers.

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With Leslie Gonda and Louis Gonda (both onetime billionaires), Udvar-Hazy founded International Lease Finance, an aircraft leasing business.

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Auto lessors--the captive finance arms of automakers, banks and independent leasing companies--are terrified.

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He says Sungevity has put together an initial small fund from investors to finance the residential power purchase agreements and would be looking to banks, leasing companies and other institutions for further financing.

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Ajit Chambers is a former City of London banker who quit finance to set up the Old London Underground Company in 2009, which is leasing the subterranean land from the city.

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