factoring USA 31-03-2003 Gulf Bank expects to regain profitability in 2003 as announced 2002 loss is blamed on a factoring business and new systems Miami based Gulf Bank has been under a cease and desist order from the Federal Reserve and the Florida Department of Banking and Finance since November 2001. Gulf Bank made… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here #bank#interest rates#international#smes#trade