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GMAC Commercial Finance (GMAC CF) has announced the immediate promotion of three executives to new roles within the company's US Commercial Services Division (more…)
1st Commercial Credit has introduced a new financial product that will expedite import and export trade finance (more…)
#financial services#international#purchase order
The Bibby Group has in recent years embarked on a challenging growth strategy driven by a unique business model of…
#financial services#funding#smes
Surecomp, a leading provider of global trade solutions for the financial services community, today announced that its flagship trade finance…
#banks#financial services#global trade
Wachovia Corp. has dropped out of bidding for a 51 per cent stake in General Motors Corp.'s finance unit, according…
A consortium headed by Citigroup Inc's private-equity unit and Cerberus Capital Management is reportedly the favoured bidder for a majority…
Despite the slew of large corporate insolvenciesthat have sent shockwaves through the business world in recent years, only a small…
#insolvencies#insolvency#management
Chinese importer Fiamma Leather, is offering a new service that gives retailers 60-day, interest-free financing on finished goods as they…
The sale of the Capital Group loan portfolio, consisting primarily of "factoring" type loans, will result in a first quarter 2006 gain…
#bank#interest#leadership
General Motors could show tangible progress by the end of March in its efforts to sell a stake in its…
#bank#interest#investment
General Motors' attempt to sell a US$10bn-US$15bn stake in its finance arm might be in difficulty , Moody's, a credit…
General Motors Corp. may cut its dividend for the first time in more than 13 years, and will likely review…
Charles Prince, chief executive of Citigroup, yesterday shed some light on the bank's involvement in the auction for General Motors…