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In an 8-K filing, General Motors stated that the impairment charge stems from GMAC's 1999 acquisition of (more…)
#acquisition#bank#commercial finance
A California man has been sentenced to prison for defrauding a South Dakota bank. He entered an agreement in which…
Finacity Corporation announced that it successfully upsized and extended a significant trade receivables securitisation (more…)
The Export-Import Bank (EXIM) of the US has begun offering financing with longer repayment terms on US exports related to…
An Orlando-area institutional investment management firm, has announced the appointment of (more…)
#bank#commercial finance#investment
Chile's fourth-largest bank and one of the leading banks in the trade finance segment, Bci, has selected Canadian trade finance…
#bank#banks#software
The attorneys joining the firm bring substantial legal expertise in banking, lending, factoring, bankruptcy, litigation, franchising (more…)
#bankruptcy#insurance#trade
Surecomp, a leading provider of trade finance solutions for the banking and financial market, today announced that Kansas-based (more…)
Wachovia Corp. continues to mull buying a stake in GMAC, General Motors Corp.'s financing arm (more…)
#bank#Bank of America#bankruptcy
TradeCard Inc., the leading provider of on-demand financial supply chain products has announced a new partner in TradeCard's 'Early Payment…
First Citizens Bank has announced the name of its new manager of the company's Working Capital Finance Group (more…)
Collecting payments from companies in other countries involves risk and requires credit expertise. US exporters, who are reluctant to extend…
The Chilean factoring industry expects business volume to grow 20-25% annually for at least the next two years due to…
#exports#factoring industry#international