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CIT Group Accused of Running a Factors’ Monopoly

Donald Wiener, who runs the dress chain Dresses For Less, is suing CIT Group and other accomplices, accusing them of running a factors’ monopoly called the Uptown Credit Group. The group meets twice a week to decide which garment companies...

#3M#banks#CIT

Berkshire Hathaway Drops Finova Offer

Warren Buffet’s Berkshire Hathaway Inc dropped its offer for $500m in notes from Finova Group Inc. Berkshire could end the…


Bibby Group Adds to its Factoring Teams

Bibby Factors Northeast has appointed Aidan Jewitt business development manager responsible for sourcing and developing new business opportunities throughout the…

#American Express#bank#Business Development Manager


Bibby Financial Services Launches SME Guide to Recruitment

According to recent research by leading business finance firm Bibby Financial Services, 50% of small business owners and managers in…


Bibby Prepares Tips for SMEs on How to Beat...

As the stock market continues to fall and an economic slowdown looks inevitable, leading business finance providers Bibby Financial Services…

#business finance#invoice#management


Bibby Research Shows that SMEs Spurn Banks for Advice

Only seven per cent of people turn to their bank manager as their first choice for business advice, according to…


Cattles Speak out on Brumark

Brumark Decision Causes Lending Concern The Brumark Ruling, which was made as a result of an action brought by The…


Appointments at Five Arrows

Five Arrows Commercial Finance has further strengthened its senior management team with the recent announcement of several promotions. Clive Cosgrove…

#commercial finance#debt finance#management


Manufacturing Still in ‘Critical Condition’

Manufacturing industry is still in a “critical condition”, the British Chambers of Commerce said yesterday, reporting the results of its…

#bank#Bank of England#cash-flow


Small Businesses List Banking Inquiry Hopes

When the Competition Commission started its inquiry into small business banking 19 months ago, the arguments seemed obvious. The big…


RBS Move Targets Continental Europe

Corporate Banking Heads Appointed In Four Countries As Part Of Growth Plan Royal Bank of Scotland, the UK's second largest…


Rumours Persist Over Likelihood of Intesa/Unicredito Merger

Unicredito Italiano, Europe’s second largest banking group, is expected next week to unveil plans to merge five of its seven…

Government Support for New Businesses is Poor to Dismal...

The government has stated that by 2005 the UK will be the best country in the world in which to…

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