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General Motors Corp. may cut its dividend for the first time in more than 13 years, and will likely review bids for a majority stake in its finance arm, analysts said, as its board of directors (more…)
Company executives said Mexico and Brazil wil,l in the medium term, become the largest credit insurance markets in Latin America…
#3M#Atradius#insurance
Argentine bank Banco Río announced that it expects to double its small- and medium-sized enterprises (SME) loan portfolio in 2006…
#bank#banks#small businesses
According to a filing to the local stock exchange, Colombia's largest bank Bancolombia has bought a 98.57% stake in the…
#bank#leasing#Two
Charles Prince, chief executive of Citigroup, yesterday shed some light on the bank's involvement in the auction for General Motors…
The company can now be fluid in capital as it prepares to double sales in the next 90 days (more…)
#1st Commercial Credit#cash-flow#Commercial Credit
Both the Wall Street Journal and Bloomberg are reporting that that a group may bid between US$11 billion and US$15…
In the wake of General Motor’s (GM’s) dismal financial release, analysts have eagerly re-initiated their frenzy of speculation over the…
#bankruptcy#financial services#J.P. Morgan
Grupo Security owned Banco Security is active in factoring, insurance, stock brokering and (more…)
#bank#commercial lending#insurance
Canadian exporters are losing confidence as they begin to feel the challenge of a slowing global economy. Looking to the…
#exporters#management#risk
In Chile, Coface competes with Mapfre Garantías y Créditos, a unit of Spain's Mapfre, and Continental (more…)
The Brazilian unit of UK banking giant HSBC has originated the first trade transaction for a Brazilian exporter under the…
#bank#emerging markets#exporters
In an effort to help financial services organisations collect on large volumes of uncollected debt, Experian®, a global information solutions…
#financial services#receivables