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Pressure Growing on UK Banks to Ease their Terms...

The UK Competition Commission is in the process of investigating a possible oligopoly being operated by the four main UK clearing banks (HSBC, Barclays, Lloyds-TSB and RSB-NatWest) in the provision of services to small businesses (SMEs). After a study lasting...

#bank#forum#NatWest

National Australia Bank Set to Expand in the UK...

National Australia Bank (NAB) has confirmed its intention to use some of the $2.75 billion earnings from the sale of…

#ABN AMRO#bank#banks


New On-line Support Service for European SMEs

Business Europe has launched a new on-line service aimed at supporting small and medium sized companies (SMEs). The service will…


Euro Sales Finance to Use Bluestone Total-e-Business Software

Euro Sales Finance (ESF) has appointed Bluestone Software Inc. to power its dedicated web portal, the first of its kind…


Western Banks Force Financial Sector Reform in Developing Markets

Western banks are exercising a growing influence over their counterparts in many emerging market countries. They have been introducing a…


Japanese Economy Shows Mixed Signals

The Tankan survey published by the Bank of Japan in early October 2000 suggests that the Japanese economy is moving…


Japanese Banking Sector Fails to Show Signs of Recovery

The Japanese banking sector is performing badly compared with most other sectors of the economy. While many other large companies…


“Fragile” Recovery in Thailand Likely to Weaken

The Thai economy has moved ahead strongly in recent months, enjoying growth of 6.6% in the April-June 2000 quarter. During…

#bank#economy#exports


CIT to Develop its E-Commerce Interests via Agreement with...

CIT Commercial Services, the leading US factoring company, has entered into an agreement with RetailExchange.com, the online business-to-business exchange for…


Fortis to Retain Dual Headquarters

The Belgian/ Dutch financial services group Fortis yesterday announced that it is planning to retain its dual headquarters in Brussels…

#financial services


New Insolvency Act Receives Royal Assent

The Insolvency Act 2000, which today received royal assent, is designed to encourage enterprise and to support viable businesses. The…


DnB to Merge Factoring and Leasing Operations.

It has been announced that DnB, Norway’s largest bank, intend to merge their factoring and leasing subsidiaries, DnB Factoring AS…

Possible Bank of America Commercial Finance Sale

An announcement of the sale of the US division of Bank of America Commercial Finance is expected next week. It…

#bank#Bank of America#BCR Publishing

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