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General Electric Capital Corporation (GE Capital), a diversified financial services company and subsidiary of the General Electric Company, today announced the completion of its acquisition of Heller Financial, Inc. (Heller) for US$5.3 billion in cash or US$53.75 per share. All...
#commercial finance#credit risk#financial services
It was announced this week that Latvia’s third largest bank, Hansabanka, has received permission from the Finance and Capital Market…
It was announced earlier in the month that Romanian authorities had approved the privatisation strategy of Romania’s largest bank, Banca…
#bank#banks#BCR Publishing
Canbank Factors expects to be on target for turnover and profits this fiscal year despite the slowdown. The projected turnover…
The European Commission said it has cleared General Electric Co's General Electric Capital Corp unit Hawk Acquisition Corp's acquisition of…
#acquisition#European Commission
A Finance Ministry official has commented that even though the attack on Afghansistan has not done the economy any good,…
#bank#Exim Bank#exporters
KBK Capital Corporation, which provides financial services to middle-market businesses, today reported its operating results for the third quarter and…
Bear points Currently a relatively small player Yet to establish national coverage Bull points Well placed to grow its client…
Asta Funding, Inc, the New Jersey-based financial services company, announced today that its board of directors has authorized the repurchase…
Alex Lawrie Factors, the provider of factoring services and specialist division of Lloyds TSB Commercial Finance Ltd, has launched a…
#BCR Publishing#Boost#commercial finance
Bibby Trade Finance has appointed Michael Andrew as regional manager responsible for sourcing and developing new business opportunities for Northern…
#business finance#cash-flow#funding
Global Trade Finance Private Limited (GTF) is looking at doing export factoring of $200 million and forfaiting business of $20…
#bank#exporters#global trade
O’Rane Cornish, former controller of 6C/Dahcor Industries Inc, a Tennessee corporation, was sentenced for swindling two companies out of nearly…
#MAN#Two#WHO