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Credit Suisse executive joins Schneider’s finance arm

Schneider National Inc., a Green Bay-based trucking firm, has hired Richard Palmieri as president of its financial services division. Palmieri will lead both Schneider Finance, a commercial financing and leasing affiliate of Schneider National, and Schneider Logistics Payment Services, the...

#commercial finance#commercial financing#Credit Suisse

Acquisition of Pure Energy Inc delayed; meanwhile receivables finance...

Energy Visions Inc. ("EVI") announced that the date by which it must pay C$845,328 to acquire a controlling interest in…

#acquisition#receivables#security


John Canning recognised as one of top 25 most...

CIT Small Business Lending (SBL) Corporation, a New Jersey-based subsidiary of CIT Group Inc., (NYSE: CIT), and the nation's number…

#bank#CIT#leadership


Seguros Capital sells US$4.7mn insurance portfolios

Honduran insurance company Seguros Capital’s government appointed director, Marco Antonio Aviles, said they will start selling its credit insurance, life…


Kaulkin Ginsberg announces new accounts receivable customer relationship management...

Kaulkin Ginsberg, the leading source of advice, information and expertise for the accounts receivable/customer relationship management industry, announced today the…


Microsoft to finance SMEs

Microsoft, through its branch MS Capital and other credit institutions, will offer financing to small- and medium-sized enterprises (SMEs) and…


Accord declares quarterly dividend

Accord Financial Corp. (TSX - ACD), a leading North American provider of asset-based financial services to businesses, including lending, factoring,…

#Accord Financial#Accord Financial Corp#financial services


Bancomext estimates 5% growth in exports this year

The Mexican Foreign Trade Bank (Bancomext) estimates that Mexican exports could grow by 5% during 2003, a year in which…

#bank#channel#exports


Government plans regulatory overhaul of insurance industry

Guatemala's government is drafting legislation that would provide a new regulatory framework for the insurance industry, an official from the…

#Bill#insurance#investments


Bank specialising in serving SMEs to list on Nasdaq

Bridge Bank, Santa Clara County's newest full-service business bank today announced that it has been approved to list its securities…


Chilean unit of Coface reports increase in income

The Chilean unit of French credit insurance company Coface saw its premiums grow 34% during 2002 and booked net income…


Factoring activities contribute to Sterling Bancorp’s increase in profit

Sterling Bancorp, in its announcement of company figures for year ended 31 December 2002, attributed its increase in non-interest income…

Finance business, GMAC, shines as General Motors unveils Q4...

"General Motors Acceptance Corporation, or GMAC, achieved its eighth-consecutive year of earnings growth and fourth straight year of record earnings…

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