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Moody's warns of GMAC sale problems

General Motors' attempt to sell a US$10bn-US$15bn stake in its finance arm might be in difficulty , Moody's, a credit rating agency, warned yesterday (more…)

Manufacturing orders fall again in most UK regions –...

Manufacturers continued to struggle as a further decline in orders undermined output and confidence in most UK regions, according to…

#bank#Bank of England#interest rates


LloydsTSB CF backs MBO with asset-backed deal

Lloyds TSB will be lending against assets such as the debt book, stock, plant and machinery and property. This type…


RBS and Euro Sales Finance funds Hudderfield engineering firm’s...

Bosses at a Huddersfield engineering firm have completed a buy-out of the company. The purchase was paid for by Royal…

#bank#invoice#management


Italian factoring specialist enters agreement on Polish acquisition

The transaction, which furthers the Italian factor's strategy of developing a factoring network in Europe and beyond, will cost it…

#acquisition#Banca IFIS#Italian factoring


BNP Paribas purchases stake in Italy's 2nd ranking factoring...

Paribas, a global banking group operating in 85 countries, has announced that it has entered into conditional agreements with 13…


GM may review GMAC sale, cut dividend: analysts

General Motors Corp. may cut its dividend for the first time in more than 13 years, and will likely review…


Factoring CS keeps top spot

Factoring Ceske Sporitelny retains its number one position among the factoring companies in the Czech Republic. Turnover increased to (more…)


Credit insurance market will grow by 15-20% in 2006...

Company executives said  Mexico and Brazil wil,l in the medium term, become the largest credit insurance markets in Latin America…

#3M#Atradius#insurance


GE's Risman switches to Davenham

Asset finance provider Davenham has recruited Martin Risman, former GE Commercial Finance sales, to spearhead its business in the southeast...…

#business finance#commercial finance#small business


Ulster Bank Invoice Finance in search for the unique...

Ulster Bank Invoice Finance and the Irish Independent, in association with Enterprise Ireland, have launched the annual campaign to find…

#bank#economy#invoice


Small firms experiencing downturn in growth says business survey

Small firms are experiencing diminishing levels of growth with a decline in employment, sales turnover and investment, says a report…

#bank#management#regulation

FCI increases membership at Executive Committee meeting

During a recent meeting of the Factors Chain International (FCI) Executive Committee in Vietnam, five new FCI members were admitted…

#bank#conference#Executive Committee

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