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First National Business Finance Re-brands

Areas of First National Business Finance will now be re-branded Abbey National business. Invoice Finance which incorporates invoice discounting and factoring will be one of them. Other areas to be re-branded are Asset finance - direct and broker introduced asset...

#business finance#invoice#receivables

TEB’s Factoring Assets Decreased by More than Half in...

The Turk Ekonomi Bankas group has released its consolidated balance sheet for the year ended 31 December 2001. The statement…


CIT Group’s Chief Executive Speaks Out

CIT Group Inc.’s chief executive Albert Gamper, pitching the company's planned US$5.8 billion stock offering, says Tyco International Ltd.'s ownership…

#CIT#CIT Commercial Services#international


Siam General Factoring Praised by Thai Securities and Exchange...

The Thai Securities and Exchange Commission yesterday praised 15 companies for providing management discussion and analysis (MD&A) to investors as…


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:…

#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

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