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UK Company Insolvencies Up by 9% in Third Quarter...

In the July - September 2000 quarter company insolvencies in England and Wales reached 3,776 on a seasonally adjusted basis. This represents an increase of 8.6% on the 3,477 recorded in both July - September 1999 and April - June...

Creation of Mizuho Banking Group May Result in Merger...

At the end of September 2000 Mizuho Holdings Inc, the holding company for the newly formed Mizuho Financial Group, was…

#bank#IBM#insurance


Bill Introduced Concerning “Factoring” of Payments to Victims of...

A new federal bill, The Structured Settlement Act (HR 5421), was introduced on 6 October 2000. This legislation is intended…

#insurance#securitisation#trade


WStore UK to use the Services of Euro Sales...

It has been announced today that Euro Sales Finance will be providing growth capital for one of the leading online…

#BCR Publishing


FDA Release Quarterly Statistics to 30 September 2000

The FDA has today released the figures for the nine months to 30 September 2000. The figures show a continuing…

#credit protection#import factoring#invoice


George plc Aims to Improve Cash Flow

Two Merseyside firms, FWL Technologies and Bermans Solicitors, together with the Merseyside Special Investment Fund (MSIF) have joined forces to…


Byers Says New Budget Will Encourage Innovation, Enterprise and...

The Secretary of State for Trade and Industry, Stephen Byers, has today commented on the impact of this week’s pre-budget…

#cash-flow#innovation#trade


Taiwan Government Seeks to Calm Stock Market by Rationalising...

The Government of Taiwan is seeking to accelerate the introduction of a new law aimed at reducing the number of…


Crйdit Lyonnais Portugal Sold to Banco Bilbao Vizcaya Argentaria

The French based bank Crйdit Lyonnais has sold 85% of its Portuguese subsidiary Crйdit Lyonnais Portugal to the Spanish bank…


Malaysian Banks Continue to Record New Non-Performing Loans

In January-June 2000 the six largest listed Malaysian banks recorded new non-performing loans at an annualised rate of 11% on…

#banks#economy


SunTrust Group Records Only Modest Third Quarter Profit Growth

The USA based SunTrust banking group which includes a factoring operation has reported net income of $326.8m in the third…

#SunTrust


Bank of America Sees Growth in Non-Performing Loans

In the July-September 2000 quarter Bank of America, the second largest US financial services company, whose interests include factoring, recorded…

Italy’s UniCredito to bid for Komercni Banka of the...

UniCredito Italiano SpA, the Italian banking group, is to bid for the Czech Republic’s third largest bank, Komercni Banka (KB)…

#bank#poland

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