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Capital Factors’ Parent Company Reports Increased Earnings.

Union Planters, the 28th largest bank holding company in the United States, with assets in excess of US$30 billion, today reported an 18% increase to US$125.9 million in earnings for the first quarter of 2002. Capital Factors is part of...

#bank#cash management#management

KBK Capital Announce Factoring Clients Represent 80% of New...

The Fort Worth, Texas, based KBK Capital Corporation, which provides business credit to middle-market companies, has reported its operating results…

#interest#Produce#receivables


Banco Santander Rumoured to be Buying Banco Santiago

Rumours have been reported on the business information service Zephus.com that Banco Santander Central Hispano SA is to buy Banco…

#acquisition#Banco Santander#interest


Setback for US Service Sector

US service-sector activity suffered a minor setback last month but is still close to a 15-month high. The Institute for…

#i#management#Two


Fitch Rates Banco De Chile

Fitch Ratings, the international rating agency, has assigned 'A-' long-term foreign currency (Rating Outlook Stable), 'F2' short-term foreign currency and…

#bank#banking services#banks


CIT Files Registration Statement for Distribution of CIT Shares...

Tyco International Ltd. today announced that its financial services subsidiary, CIT Group Inc., filed a registration statement on Form 10…


Asta Funding Announces New Strategic Alliance

Asta Funding, Inc, a leading factor and consumer receivables asset management and liquidation company, today announced that it has formed…


CIT Increases Funding Capability

As part of its ongoing strategy to further strengthen its financial position and diversify its funding sources, CIT Group Inc.…

#CIT#CIT Commercial Services#Credit Suisse


Rumours Emerge of Impending Purchase of Banco Galicia

Rumours have surfaced on the business news service, Zephus.com, of the forthcoming acquisition of Argentina’s Banco Galicia. A prospective purchaser…


Sterling Bancorp Announces Pricing of $22m Public Offering of...

Sterling Bancorp , parent company of Sterling National Bank, today announced the pricing of a $22 million public offering of…


Final Speakers for Eighth Annual Factoring Conference Selected

All speakers have been finalized for the 8th Annual Factoring Conference, 3 – 6 April 2002. This year’s conference will…


Caja Madrid Rumoured to Seek Stake in Banco de...

According to media speculation reported by Zephus, Spain’s Caja Madrid SA may be taking a minority stake of 10% in…

#bank#banks#BBVA

Sterling Factors Helps Vendors Get Merchandise Back on Kmart...

Sterling National Bank, the principal banking subsidiary of Sterling Bancorp, announced today that through its subsidiary, Sterling Factors Corporation, it…

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