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It was announced yesterday that the Spanish Bank Banco Popular Espaсol will be purchasing a 50% stake in Heller Factoring…
As of today, the invoice discounting arms of The Royal Bank of Scotland and The National Westminster Bank, Royal Bank…
Further to our report of 1 December 2000, it is understood that the announcement of GMAC’s intention to purchase Bank…
The International Factors Association and the commercial finance software company, Distinctive Solutions, are holding their seventh annual factoring conference in…
The Belgian-Dutch financial services group Fortis is to withdraw from under-performing businesses that do not fit its overall strategy of…
Fortis, the Belgium/Netherlands based financial services group, has denied rumours that it is on the point of merging with another…
Merchant Trade Finance Limited and Merchant Commercial Finance Limited today released their annual accounts for the fifteen months ended 29…
The Competition Commission, the UK’s anti-trust agency, is to extend its current investigation into the provision of services for small…
The UK Competition Commission is in the process of investigating a possible oligopoly being operated by the four main UK…
National Australia Bank (NAB) has confirmed its intention to use some of the $2.75 billion earnings from the sale of…
Business Europe has launched a new on-line service aimed at supporting small and medium sized companies (SMEs). The service will…
Euro Sales Finance (ESF) has appointed Bluestone Software Inc. to power its dedicated web portal, the first of its kind…
Western banks are exercising a growing influence over their counterparts in many emerging market countries. They have been introducing a…
The Japanese banking sector is performing badly compared with most other sectors of the economy. While many other large companies…
The Tankan survey published by the Bank of Japan in early October 2000 suggests that the Japanese economy is moving…
The Thai economy has moved ahead strongly in recent months, enjoying growth of 6.6% in the April-June 2000 quarter. During…
CIT Commercial Services, the leading US factoring company, has entered into an agreement with RetailExchange.com, the online business-to-business exchange for…
The Belgian/ Dutch financial services group Fortis yesterday announced that it is planning to retain its dual headquarters in Brussels…
The Insolvency Act 2000, which today received royal assent, is designed to encourage enterprise and to support viable businesses. The…
It has been announced that DnB, Norway’s largest bank, intend to merge their factoring and leasing subsidiaries, DnB Factoring AS…
An announcement of the sale of the US division of Bank of America Commercial Finance is expected next week. It…
It was revealed to factorscan today that Factors Chain International and International Factors Group are to merge. Details of the…
The New Jersey based consumer receivables and management company Asta Funding Inc. has today reported results for its fiscal year…
The three banks which created the new “superbank” Mizuho in September have reported mixed half-year earnings. Dai-Ichi Kangyo Bank, Fuji…