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Sarbanes-Oxley leads to surge in corporate restatements

Research presented by Glass Lewis Co. and cited by the Wall Street Journal indicates that the number of public companies that restated their financial results in 2005 skyrocketed (more…)

Dresdner Factoring examining possibility of flotation

Dresdner Factoring, the German company specialising in financing for small- and medium-sized companies (SMEs), is examining the possibility of a…

#smes


Fortis realises 45% increase in 2005 net profit before...

Fortis has, in the interest of transparency, decided to bring forward headline information (more…)

#financial institutions#financial services#insurance


Coface warns firms on growing problem of credit risk...

The head of a credit insurance company yesterday cautioned mainland-based Taiwanese enterprises against credit risk, a growing problem facing investors…


New export factoring product launched

Melfast Factoring has a new export factoring product to help exporting companies get their earnings on time and retain market…


Coface aims to grow premiums 11% in 2006

The Chilean subsidiary of French credit insurer Coface aims to grow premiums by 11-12% this year, up from (more…)


New factor enters the market

The Latvian leasing and factoring sector has a new player (more…)


Interest rate cut to lowest level

The Monetary Policy Council decided yesterday to cut interest rates by (more…)


ECB alerts eurozone to more rate rises

Jean-Claude Trichet, European Central Bank president, has signalled clearly that further interest rate increases are likely (more…)


All around the world, factoring activity hots up

There has been a hive of activity for the receivables finance industry in Eastern Europe recently with a series of new…


New chairman for Factoring Association

The new chairman said his main goal is to further develop the Czech factoring market (more…)


IGF boosts regional teams with two new appointments

Independent Growth Finance (IGF) has announced the further strengthening of two of its teams, with the appointments of (more…)

Talks on GMAC set to continue

GM had been putting pressure on its negotiators and investment banks, led by Morgan Stanley, to try to get the…

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