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Greater Bay Bancorp Announces Acquisition of CAPCO Financial Company

The financial services holding company, Greater Bay Bancorp, has announced that it has signed a definitive agreement to acquire the Washington-based factoring and asset-based lending company, CAPCO Financial Company, Incorporated. Greater Bay Bancorp will purchase the company $8.5 million in...

#acquisition#financial services#regulation

Bank of England Releases Annual ‘Finance for Small Firms’...

The Bank of England has published the eighth edition of its ‘Finance for Small Firms’ report. The executive summary presents…

#bank#Bank of England#debt finance


Continued Growth in Banks' Services for Small Business

Borrowing by small businesses rose by an underlying Ј1.0 billion (+3%) in the final quarter of last year. This was…

#bank#banks#small business


Sanwa, Tokai and Toyo Trust to Merge

Sanwa Bank (parent of the Japanese factoring company, Sanwa Business credit Co Ltd), Tokai Bank (parent company of the Central…


Flotation Rumours Surround Credit Agricole

Rumours have emerged that Credit Agricole SA, parent company of French factors Transfact, is to float on the Paris stock…


Tyco to Buy CIT

It was announced yesterday that the Bermuda based conglomerate, Tyco International Ltd, plans to move into the financial services market.…


Norwegian Government Sells Stake in Den Norske Bank

The Norwegian government is divesting a 13.4% stake in Den norske Bank, parent company of one of the Norwegian factoring…

#bank#international


Cattles Announces Placing

Cattles plc (formerly Reedham Factors) has announced that it intends to place an additional 14 million shares at a minimum…


Government Lifeline for Struggling Small Business Community

The Chilean government has launched an initiative designed to help small businesses refinance their debts and rekindle investment. A US$2bn…


Growth of Manufacturing Continues into Fourth Month

Recording a level of 52.1 in February, the seasonally adjusted Purchasing Managers’ Index (a composite index designed to provide an…


Agricole Increases Stake in Comit

The French Bank Credit Agricole, owners of the French factoring company Transfact, has acquired 21million shares (equivalent to 1.2%) in…

#bank#Credit Agricole#Italian factoring


Germany is Europe’s Fastest Bill Payer

A survey conducted by Dun & Bradstreet, the business information group, has shown that German companies on average are the…

Singer & Friedlander to be Taken Over?

Rumours have emerged that the Singer & Friedlander Group, owners of Singer & Friedlander Factors Ltd, are about to succumb…

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