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Europe

Baltic’s leading factor posts 43m euros profit in 2002

Hansa Capital Group's net profit totalled 43.8m euros and financial investments reached 1,172m euros in 2002. Hansapank said the group sustained its leading position in factoring, leasing and consumer finance markets of all Baltic countries with a factoring portfolio of...

#3M#interest#investments

German business expectations lowest in 10 years

Business expectations in Germany deteriorated to levels last seen 10 years ago, when Europe's largest economy suffered from a severe…


Deutsche Bank eyes up GERLING NCM

Majority shareholder Rolf Gerling and substantial shareholder Deutsche Bank are planning to sell their shares in the Gerling group. However,…

#bank#Deutsche Bank#insurance


Spain plans to boost trade with European Union SME...

Juan Costa, the Spanish trade secretary, announced a plan to develop Spanish commerce and investment in the ten countries that…


Factoring in the UK Eighth edition now on factorscan.com

BCR announced today that Factoring in the UK: Eighth edition is now downloadable on factorscan.com. The publication, which includes detailed…


Latvian factor intentionally cuts market share

Unilizings leasing and factoring company, owned by Latvian Unibanka, last year earned a profit of 2.53m lats (EUR 4.03m), up…


Close appoints new deputy chief executive

David Thomson has been appointed deputy chief executive of Close Invoice Finance. He will remain Managing Director of Metropolitan Factors,…


An analysis of Scottish corporate failure

Examining the rate of corporate failure in Scotland as a means of identifying overall trends and shifting patterns is a…

#Clear#economy#insolvency


Bank of England rate cut dangerous for business?

The latest Government figures (reported on factorscan 7 February) show that the number of companies going out of business is…


Bibby’s national SME survey shows skills gap widening

The shortage of skilled workers across the UK is getting worse and is holding back small- and medium-sized firms according…

#financial services#management#small business


United States: Jones Day merger with Gouldens confirmed

The international law firm Jones Day and the leading City of London firm Gouldens announced that they will merge their…

#international


The Chartered Institute of Purchasing and Supply joins the...

The Better Payment Practice Group (BPPG) has welcomed The Chartered Institute of Purchasing And Supply (CIPS) as its latest member.…

#i#management#payment terms

Paris office of Mayer, Brown, Rowe & Maw recruits...

The Paris office of Mayer, Brown, Rowe & Maw has recruited a team of corporate lawyers from SG Archibald, a…

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