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Former Tyco International Director Frank Walsh Comments on Litigation...

Tyco’s former International Director, Frank Walsh commented on Monday about the litigation filed by Tyco’s board of Directors. He said: I am sorry that the board of directors at Tyco has decided to take this action. This is clearly an...

#acquisition#CIT#financial services

NMB-Heller Funds ATL Telecom MBI

It was leading structured finance provider NMB-Heller’s ability to see beyond the recent storm of negative publicity surrounding the future…

#bank#bank loan#cash-flow


First-Quarter FDA Figures Show Significant Growth in Larger Companies...

The latest FDA figures find more businesses are turning to invoice discounting to assist their export drive into Europe. While…


Dominique Charpentier Joins Gerling NCM

Dominique Charpentier is joining Gerling NCM Credit and Finance. He will take over as Chief Executive Officer of Groupe Etoile,…

#international#management


HPSC Inc. Discovers Employee Defalcation Involving Transactions with Factoring...

HPSC Inc. announced today that it has discovered that an employee of the company's asset-backed lending subsidiary, American Commercial Finance…

#AMEX#bank#commercial finance


Tyco Former Executive Being Sued for Receiving US$20 Million...

Tyco has filed a suit against former director Frank Walsh. The company said that the Mr Walsh received an improper…


RBS Commercial Services Completes London Team

The Royal Bank of Scotland Commercial Services (RBS Commercial Services), the invoice finance arm of The Royal Bank of Scotland,…

#bank#invoice#management


WCC Services Plan to Acquire all Issued and Outstanding...

WCC intends to acquire all of the issued and outstanding shares of Liquid Capital Corporation, a private, Ontario-based business providing…

#acquisition#i#management


Paul Beveridge Returns to Venture Finance

Paul Beveridge has returned to Venture Finance to head the structured finance division. He left the company to help set…

#ABN AMRO#bank#invoice


New Factoring Company Ultimate Finance Group Plc Raises Ј1.82...

Newly formed Ultimate Finance Group PLC, a factoring, invoice discounting and trade finance company was admitted to AIM and has…

#commercial finance#invoice#management


Paul Beveridge Returns to Venture Finance.

Paul Beveridge has returned to Venture Finance to head the structured finance division. He left the company to help set…

#ABN AMRO#bank#invoice


CIT Files Amended Registration Statement for Initial Public Offering

CIT Group Inc. announced that an amended registration statement has been filed with the Securities and Exchange Commission by CIT…

Resource Bank’s Factoring Division Defrauded by Construction Firm

A federal grand jury on Wednesday charged that Michael R. Agnew, president and sole owner of AGM, and Barbara M.…

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