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Europe

Lawyers for convicted trade financier want sentence cut

Lawyers for Carl Cushnie, the convicted trade finance fraudster, will today seek to have his six-year prison sentence reduced to a community service order - only two days after it was handed down. The bold terms of the proposed appeal...

Venture is the right candidate for the job

Before it even opened its doors, RFC Recruitment Solutions Ltd (RFC) faced its first financial hurdle. If in week one…

#bank#funding#Jobs


New Faktor reports 2003 results

CIB Bank's newly-acquired factoring company, CIB Faktor, announced profits after-tax of HUF230,000 (Ђ915) in 2003 and year-end total assets of…

#bank#funding#smes


Eurofactor steps in to save injection moulding firms after...

Around 100 jobs have been saved at a Midland plastic injection moulded component maker after Birmingham-based Eurofactor stepped in with…


Coface and the Association of Russian Banks sign agreement

The Association of Russian Banks and Coface are joining forces to provide small- and medium-sized Russian companies (SMEs) with a…


Free advice for SMEs on protecting intellectual property

Small- and medium-sized enterprises (SMEs) will be able to win a free legal consultation over their intellectual property assets as…

#creativity#innovation#smes


Specialist provider, London Scottish Bank reports half time results

London Scottish Bank PLC said all its businesses continue to show positive progress with particularly strong performances from the Factoring…

#3M#bank#debt collection


ISME warns on accelerated VAT collection impact on SMEs’...

Small firms' lobby group, The Irish Small and Medium Enterprises Assocation (ISME), has expressed concern at the impact of Irish…

#cash-flow#invoice#smes


Lloyds TSB’s Commercial Finance and Acquisition Finance team up...

Ceramic Prints, listed as one of Britain's fastest-growing firms, has been bought by a team led by Jon Davies, who…

#acquisition#commercial finance#investment


Trade Finance company, Versailles’, chiefs sentenced

Carl Cushnie and Fred Clough, the former chairman and finance director of Versailles, the trade finance house, were each sentenced…


Ukreximbank signs loan deal with UBS

Ukraine's state export and import bank Ukreximbank has signed a loan agreement worth CHF50 million (Ђ33m) with Switzerland's UBS AG…


Competition in the factoring market intensifies

The chairman of the board of Nordea Finance Latvia, Maris Skujins, predicts that the factoring portfolio in Latvia could reach…

#exporters#interest#interest rates

Pekao thinks big by targeting smaller sized businesses

Bank Pekao SA has announced plans to increase its operations in servicing the small- and medium-sized enterprise (SME) sector, taking…

#bank#banks

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