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Swiss Re and Deutsche Bank consortium to acquire 90%...

Swiss Re, Deutsche Bank, Sal. Oppenheim and Gerling have today (7 May 2003) signed a contract reorganising the ownership of Gerling NCM. Gerling will reduce its shareholding from 55.90% to 3.04%. It will receive a cash payment of Ђ120 million...

#bank#Deutsche Bank#management

Gazelle acquires Deutsche Bank debt restructuring advisory team

Gazelle Corporate Finance, a leading, independent, London-based merger and acquisition adviser has scooped up Deutsche Bank's mid-market debt restructuring advisory…

#acquisition#bank#corporate finance


Basel II sums up the future for credit risk

Rules published this week by the Basel Committee on Banking Supervision in its third and final consultative paper will replace…

#bank#banks#credit risk


The Institute for Factors and Discounters of Australia and...

Read the minutes of the IFD meeting held on 13 March 2003 held at the IFD offices, Sydney including: Welcome…


The Institute of Chartered Accountants cracks the whip on...

The biggest UK regulator of insolvency practitioners (IPs) has stepped up its enforcement against abuses with more and heavier penalties…

#insolvency#regulation#trade


Company insolvency statistics for the first quarter 2003

Statistics showing insolvencies in the first quarter 2003 are published today (2 May) by the Department of Trade and Industry.…

#insolvencies#insolvency#trade


Euler shows disappointing results

One of the world’s largest credit insurers has seen either falls or only sluggish growth in its turnover in most…

#economy#interest#interest rates


Asiagate online regional credit information network announced

An Asian information network known as Asiagate, a regional credit information network, will be launched to provide a one-stop centre…


Comerica Bank and GMAC CFin joint US$60 million credit...

Auction Broadcasting Company (ABC), a highly innovative auto auction company based in Indianapolis, announced the completion and funding of a…

#bank#commercial finance#financial services


Factoring overcomes scarcity of bank loans in Czech Republic

Pietro Filipi, a Czech fashion firm started from scratch ten years ago has managed to become a trendsetter in the…


Four-country study shows half of all German respondents planning...

German small- and medium-sized companies (SMEs) are considerably more sceptical about their future financing parameters than their foreign peers, according…


EU launches new fund for Asian countries

The European Union (EU) has launched a new fund called Asia Invest-II (2003-07) aimed at promoting business cooperation between EU…

#investment#smes

Accord Financial Corp announces highest first quarter volume in...

Accord Financial Corp., a leading North American provider of asset-based financial services to businesses, including factoring, financing, credit investigation and…

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