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Europe

Online SME Support Service Opens Today

Clearly Business, a joint e-venture between Freeserve and Barclays Bank has been launched today. The website is planned as an encyclopaedic support service for small businesses. The information on offer covers marketing, tax and legal issues, staff recruitment, market research...

#bank#BCR Publishing#small businesses

Nomura to Force Fortis’ Hand

The European financial group Fortis is currently in contention with the Japanese investment bank Nomura. The bone of that contention…


Revolutionary Tax Reforms to Sweep Germany

German Chancellor Gerhard Schrцder, referring to his country’s reputation for high taxes and low growth, has declared that “The German…

#BCR Publishing


Opportunity Knocked for Regulation of Czech Factoring

A bill that would force the central bank to consult with the government and report to the parliament on a…


Konsolidacni Banka Cancels Agreement with U.S. Ayres Corp

Konsolidacni Banka, the Czech state factoring bank, has today announced that it has cancelled an agreement made in June with…

#bank#factoring industry#management


SFF Affacteurage and SLIFAC merge to form Eurofactor

France’s second and third largest factors (by turnover and market share) have merged to create Eurofactor, which claims to be…

#commercial finance#international#international factoring


Industry Optimism Follows Failure to Raise Interest Rate

There were worries that recent strong rates of growth would lead to the Bank of England raising the rate of…

#bank#Bank of England#Clear


Euro Sales Finance Announces Record Profits

Euro Sales Finance plc, the pan European factoring and invoice discounting company, has reported record profits for the year ended…


BCP trumps Deutsche Bank struggle for BIG

After a year long struggle for control over Poland’s BIG Bank Gdanski, Banco Comercial Portugues (BCP) has succeeded in taking…

#bank#Deutsche Bank#poland


Serious Fraud Office Launch Investigation into Versailles Collapse

The Serious Fraud Office have issued a press release stating that they are to conduct an investigation into the business…


Liquidator Appointed Following Versailles Hearing

After last week’s British Virgin Islands hearing, a court ruling has been made that promises to reveal more about the…


Versailles Investors Launch Court Action in British Virgin Islands

Two members of the group of wealthy individuals that helped fund the trade finance group Versailles (which went into receivership…

Versailles Keeps it in the Family

According to The Guardian, Versailles, the trade finance company which went into receivership in January 2000, owing its banks approximately…

#banks#trade#WHO

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