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IFIS, the Italian factoring company which recently became a bank, has closed 2001 with a steep rise in profitability. Its net profit, for example, jumped 50%, to ?2.4m, while net commissions leapt by 71%, to ?4m, and interest and profits...
The New York Times reported this week that several thousand workers for CIT would forfeit any unvested options as soon…
#CIT#CIT Commercial Services#Commerzbank
The annual accounts for the year ended 31 December 2001 show that Bibby Financial Services Limited has enjoyed another year…
Lawson Dodd has been appointed to handle the PR. for Fortis Commercial Finance Limited. The finance company is part of…
Having failed to find a suitable buyer, Tyco International Ltd., intends to sell 100% of CIT Group, in an initial…
#CIT#CIT Commercial Services#international
29 April 2002: American Community Bancshares Inc. Announces Results for Latest Quarter American Community Bancshares Inc., the holding company for…
The French credit-insurance company Euler &Hermes saw its turnover fall by 1.7 per cent like-for-like, to ?298million euros, in the…
#Allianz#insurance#interest rates
CIT Group Inc., a subsidiary of Tyco International Ltd. and parent of CIT Commercial Services, today announced second fiscal quarter…
It has been reported on the business news service, Zephus.com, that Nedcor Bank Ltd is to buy BOE Ltd in…
The Chailease Finance Cooperation, Taiwan’s market leader in international factoring, today announced they are relocating to new premises. From 29…
Fitch, the international rating agency, has affirmed Banco Santiago's (Santiago) foreign currency short-term 'F2', long-term 'A-' (Outlook Stable), local currency…
#bank#international#management
Union Planters, the 28th largest bank holding company in the United States, with assets in excess of US$30 billion, today…
#bank#cash management#management
The Fort Worth, Texas, based KBK Capital Corporation, which provides business credit to middle-market companies, has reported its operating results…
#interest#Produce#receivables