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Miami based Gulf Bank has been under a cease and desist order from the Federal Reserve and the Florida Department of Banking and Finance since November 2001. Gulf Bank made US$648,000 in 2001, but lost US$667,000 last year, according to...
#bank#interest rates#international
German insurer Gerling-Konzern Allgemeine Versicherungs said that it received the go ahead from a German court to sell its reinsurance…
#bank#Deutsche Bank#financial services
One of Lithuania's largest banks has come under nominal control of a little-known Russian financial institution, leaving industry insiders to…
#3M#bank#banks
Bank Negara governor, Tan Sri Dr Zeti Akhtar Aziz, announced monetary measures aimed at addressing the current economic challenges during…
The combination of war with Iraq, the falling stock market, and the perceived threat of terrorist attack, have left Britain’s…
International Trade Minister Baroness Symons has announced the further steps she is taking to modernise the Export Credits Guarantee Department…
Kaulkin Ginsberg, a leading provider of advisory services to service businesses including accounts receivables management (ARM) organisations, announced today that…
#acquisition#international#management
Tenon Group, the UK accountancy and corporate recovery specialists, published their preliminary results statement declaring a pre-tax profit of Ј4.3m.…
Swiss Reinsurance Ltd's Chief Financial Officer, John Fitzpatrick, declined to confirm or dispel rumours in the German press that Swiss…
Bank of India (BoI) plans to introduce an exclusive Small Scale Industries (SSI) credit rating system which will take into…
#bank#interest rates#management
Small firms are still being caught out because they offer longer credit periods to customers than they receive from their…
#interest#late payment#management
EULER Trade Indemnity, the UK’s leading credit insurer, has restructured senior management team responsibilities. These changes are designed to streamline…
Dynamic Commercial Finance plc, specialising in invoice factoring and invoice discounting, produced a profit before tax for the second half…
#commercial finance#i#invoice