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General Motors is reportedly nearing completion of a deal to sell a 51% stake of financing arm GMAC to a group led by (more…)
#acquisition#bank#banks
With the manufacturing sector shedding jobs for the 11 th month in a row as a result of sagging export…
#cash-flow#financial services#international
The global operation of GE Commercial Finance has reported revenues and net earnings up 6 per cent and 20 per…
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control of Companhia de Seguro…
#management#receivables#regulation
Independent Growth Finance (IGF) has announced the appointment of its new Operations Director following the departure of (more…)
#i#IGF#Independent Growth Finance
Southern economic hub Ho Chi Minh plans to set up a credit guarantee fund for small- and medium-sized enterprises (more…)
#guarantee#guarantees#Produce
CIT Group has announced the appointment of executive vice president and chief sales officer of CIT Corporate Finance (more…)
Specialist business finance provider Bibby Financial Services has moved into the packaged lend market with the launch of an innovative…
#business finance#financial services#management
HSBC Qatar will soon launch factoring services that assist businesses with financing against their outstanding invoices for both domestic and…
#bank#international#invoice
New figures from Barclays reveal that 388,300 new firms started up in 2005, compared to (more…)
#economy#financial services#small business
Changes to the Northern Ireland Insolvency law will assist would-be entrepreneurs and businesses in financial difficulty.The Insolvency (Northern Ireland) Order…
#Crown preference#insolvency#security
Chile's fourth largest bank Bci launched a 10bn-peso (US$19m) revolving facility to refinance debts of some 1,500 of its own…
#bank#banks#interest rates
Punjab National Bank (PNB) has introduced a new scheme named Super Trade for financing traders and services sector. Under this…