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Merchants Bank of California (which specializes in trade finance, factoring and ‘check cashing’) has reported record earnings for the second…
The Factors & Discounters Association has announced figures for the half year ended 30 June 2000. The figures show a…
CIT Commercial Services, the largest provider of factoring services in the USA, today announced an arrangement with TextilEdge, a leading…
Since the economic crash of three years ago, Thailand’s banks have been enmeshed in a web of bad debts generated…
The CIT Group today announced a record net income of $151.4 million for the second quarter of 2000. This represents…
Although the rate of economic growth in Malaysia is one of the fastest in the south east Asian region and…
The USA’s largest provider of factoring services, CIT Commercial Services, have today announced an alliance with TradeOut, a global internet…
The Department of Trade and Industry has today announced its SME statistics for 1999. Their findings include the following results:…
Go to www.capital.com and you will find an on-line business finance marketplace in which premier financing sources compete to provide…
The Department of Trade and Industry have today released the corporate insolvency figures for the second quarter of 2000. The…
In July Japanese corporate bankruptcies rose 21% year on year to 1,617. Total debts owed by bankrupt firms tripled to…
The Heritage Bank of Commerce have today announced that Sherry Crowley has been made Vice President and Business Development Officer…
DnB, Norway’s biggest bank and parent company of Norway’s largest factoring company, DnB Factoring AS, has announced a record 30%…
Clearly Business, a joint e-venture between Freeserve and Barclays Bank has been launched today. The website is planned as an…
The European financial group Fortis is currently in contention with the Japanese investment bank Nomura. The bone of that contention…
On Friday, the governor of the Bank of Japan, Masaru Hayami, persuaded the bank’s policy board to raise rates from…
As part of a large expansion programme, Chile’s Banco de A. Edwards announced yesterday that it had opened a factoring…
The US’s largest provider of factoring services, CIT Commercial Services, has announced that it will form a strategic alliance with…
The Finova Group has today announced that it has signed an agreement to sell its commercial services business (which provides…
Hiromu Nonaka, the Secretary General of Japan’s ruling Liberal Democratic Party has made an announcement regarding future changes in the…
German Chancellor Gerhard Schrцder, referring to his country’s reputation for high taxes and low growth, has declared that “The German…
The Federal Reserve’s latest survey on regional economic conditions indicates that the rate of growth in the US has slowed…
US venture capital financing has slowed slightly in the second quarter, but still remains at record levels of about US$1bn…
A new rule is proposed by the US Securities and Exchange Commission to stop companies giving favoured analysts and investors…