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Financial services giant Wells Fargo & Co. increased its presencein Philadelphia recently when one of its subsidiaries bought most of asset-based lender Sunrock Capital Corp.'s portfolio and acquired its office lease. There could be more to follow for San Francisco-based...
Anti-terrorism measures being taken by states around the world could add up to 3 per cent to the cost of…
Snoras, Lithuania's fourth-biggest commercial bank, posted an audited net profit of 10.55m litas(Ђ3.057 m)for 2002, compared to 4.51 m litas…
#3M#bank#financial services
Hebros Bank completed the first stage of their national education campaign about bank credit financing offered to small- and medium-sized…
The Taskforce on Project Exports, set up by Prime Minister’s Office in June 2002, has recommended in its report that…
Spicer Hallfield, the Bucks-based manufacturer of photographic albums and frames, has been acquired through a management buy-in/buy-out. Funding was provided…
#API#Flexible Funding#invoice
SMEs have come through the recent slowdown relatively unscathed. Not only is the financial performance of SMEs already improving, but…
Small and Medium-sized Enterprises (SMEs) are increasingly overlooking business loans in favour of costly credit facilities to solve short-term cash…
German business bankruptcies rose 16 per cent last year in another token of the country's gloomy economy, government data showed.…
#bankruptcy#banks#economy
EquiFin, Inc, has announced the signing of a non-binding letter of intent to acquire Celtic Capital Corporation, a privately held…
Standard & Poor's Ratings Services has lowered to 'A+' from 'AA-' its long-term counter-party credit and insurer financial strength ratings…
#Allianz#insolvencies#international
Capital Bank Cashflow Finance Limited has released its annual accounts for the year ended 2002. The company recorded a profit…
#bank#cash-flow#interest
Credit managers of companies exporting to Latin America have accused credit insurers of failing to back them up and being…
#bad debts#exporters#exports