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Rumours Emerge of Impending Purchase of Banco Galicia

Rumours have surfaced on the business news service, Zephus.com, of the forthcoming acquisition of Argentina’s Banco Galicia. A prospective purchaser has not been publicly disclosed by the source. Banco Galicia is the parent of one of the leaders in the...

PMI Signals Tentative Manufacturing Growth for the First Time...

The seasonally-adjusted Purchasing Managers’ Index (PMI- a composite indicator designed to an overall view of the manufacturing economy), signalled marginal…

#economy#investment


Last Chance to Register for BCR Factoring Conference, Singapore

BCR’s Receivables Finance International Asia-Pacific has now attracted registrations from 14 nations which means that the conference, to be held…

#conference#international#receivables


Sterling Bancorp Announces Pricing of $22m Public Offering of...

Sterling Bancorp , parent company of Sterling National Bank, today announced the pricing of a $22 million public offering of…


Final Speakers for Eighth Annual Factoring Conference Selected

All speakers have been finalized for the 8th Annual Factoring Conference, 3 – 6 April 2002. This year’s conference will…


Competition Minister Accepts Undertakings on Lloyds TSB/Abbey National

Competition Minister Melanie Johnson has accepted undertakings from Lloyds TSB Group plc in relation to Abbey National plc. The undertakings…

#acquisition#Commercial Credit#commercial finance


Factors in Europe – Survive or Thrive?

At this year’s BCR Receivables Finance International Europe, the world’s foremost factoring visionaries and leaders will reveal what it will…

#conference#international#receivables


Caja Madrid Rumoured to Seek Stake in Banco de...

According to media speculation reported by Zephus, Spain’s Caja Madrid SA may be taking a minority stake of 10% in…

#bank#banks#BBVA


New EU Report Confirms Britain Leads the Way in...

A report reviewing how each EU member state is implementing the Small Firms Charter is published today in Brussels by…


“Quick Factoring” to Give Boost to Tourism Industry

A new fund tailored to put the zest back into tourism has been established with two billion baht. The Replenish…

#bank#Boost#risk


SMEs Remain Optimistic Despite Fall in Manufacturing

Smaller firms are fighting against the downturn in manufacturing, and many can boast booming order books. According to a recent…


Swiss Life to Buy French Unit of Fortis- Fortis...

Swiss Life/Rentenanstalt said it would acquire the French life insurance operations of Fortis, the Dutch/Belgian financial-services conglomerate, at a price…

Sterling Factors Helps Vendors Get Merchandise Back on Kmart...

Sterling National Bank, the principal banking subsidiary of Sterling Bancorp, announced today that through its subsidiary, Sterling Factors Corporation, it…

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