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Attorneys for Regions Bank won a pretrial battle Tuesday in a lawsuit brought by two Texarkana health professionals who claim they lost $4.8 million in the late 1990s because of actions by Regions and executives with a Maumelle factoring firm....
#bank#bankruptcy#receivables
The Hong Kong Government could consider investing in small and medium enterprises (SMEs) to help boost overall industry performance, Secretary…
#banks#Boost#exporters
In the last decade there have been fewer complaints against debt collectors than ever before, evidence that the debt collection…
#conference#debt collection#international
Dynamic Commercial Finance (DCF) has released its first annual results since its flotation on the Alternative Investment Market (AIM) in…
#bank#commercial finance#invoice
Small businesses wanting to tap into European funding opportunities will be given a helping hand today when the Small Business…
#funding#MAN#small business
The European Commission said it cleared under EU merger regulation the acquisition by Natexis Banques Populaires of control of Compagnie…
#acquisition#European Commission#insurance
Tyco International Ltd. raised a disappointing US$4.6 billion in the initial public offering for its finance unit, CIT Group Inc.,…
#CIT#international#investment
Shares of CIT Group Inc. fell 4% Tuesday, a day after Tyco International Ltd. spun off the finance unit to…
The Zimbabwean Ministry of Industry and International Trade last Monday released US$250 million for disbursement to small and medium scale…
#interest#interest rate#international
Tyco International Ltd. has decided against selling its lending division and will instead spin it off in an initial public…
Gils Berrous has been appointed chairman of the management board of Factorem, the factoring subsidiary of French banking group Natexis…
#management
Independent Growth Finance (IGF) is the latest member of the Factors and Discounters Association after rapidly establishing itself since its…
#IGF#Independent Growth Finance#invoice
Areas of First National Business Finance will now be re-branded Abbey National business. Invoice Finance which incorporates invoice discounting and…
#business finance#invoice#receivables