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Americas

Bibby Financial Services appoints five new members of sales...

Following the launch of Bibby Financial Services' new business unit in December, the company has appointed five new members of the sales team throughout the US (more…)

#financial services#funding#management

Desarrollo aims to boost profits 20% in 2006

Chilean bank Banco del Desarrollo expects to see a 20% profit increase in 2006, local daily La Tercera quoted bank…

#bank#banks#Boost


GE Commercial Finance segment profit up 20% in 2005

GE announced record full-year 2005 earnings from continuing operations  up 12% from 2004 (more…)


Name change for Wachovia's Canadian asset-based lending business

Wachovia's Capital Finance division announced that its Canadian operation has changed its name and will be called (more…)

#financial services#investment


Factors launch R$500 million receivables fund

In the first 15 days of this year, the receivables funds market turned over more than R$1 billion, according to…


Factoring scam victims must look for warning signs

He met someone who said he was doing well investing in a so-called factoring plan. "It sounded like a great…

#bank#i#investment


Second consecutive record-breaking year in the accounts receivable management...

M&A activity in the accounts receivable management (ARM) industry reached a new all-time high in 2005, with over (more…)


New rules streamline licensing process for factoring and leasing...

New regulations published in Mexico's federal register on yesterday will make it easier for investors to open factoring, leasing (more…)

#financial services#investment#leasing


BofA selects Basel II solution

Bank of America has extended its relationship with (more…)


Wells Fargo profits up 8 per cent, ABL business...

Wells Fargo Co., the fifth largest bank in the US, said yesterday that its net income grew by 8 per…


US export trade financier expands receivable financing to Mexico

US manufacturers specialising in exports to the Mexican market are anticipating spikes in equipment orders that may result in negative…


BCI selects NetIMEX for end-to-end trade finance automation

Surecomp, a leading provider of trade finance, factoring, cash letter and reconciliation solutions for the banking and financial market, has…

#awards#bank#management

Fitch upgrade reflects SME lending ranking

The upgrade reflects the financial support provided by its main shareholder,  its good asset quality and its position in the…

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