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Second consecutive record-breaking year in the accounts receivable management...

M&A activity in the accounts receivable management (ARM) industry reached a new all-time high in 2005, with over (more…)

BofA selects Basel II solution

Bank of America has extended its relationship with (more…)


Wells Fargo profits up 8 per cent, ABL business...

Wells Fargo Co., the fifth largest bank in the US, said yesterday that its net income grew by 8 per…


US export trade financier expands receivable financing to Mexico

US manufacturers specialising in exports to the Mexican market are anticipating spikes in equipment orders that may result in negative…


GMAC taking US$450m goodwill charge

 In an 8-K filing, General Motors stated that the impairment charge stems from GMAC's 1999 acquisition of (more…)

#acquisition#bank#commercial finance


Man gets jail sentence for factoring fraud on South...

A California man has been sentenced to prison for defrauding a South Dakota bank.  He entered an agreement in which…


Finacity Corporation increases and extends trade receivables securitisation programme...

Finacity Corporation announced that it successfully upsized and extended a significant trade receivables securitisation (more…)


Renewable energy exports get EXIM payment boost

The Export-Import Bank (EXIM) of the US has begun offering financing with longer repayment terms on US exports related to…


CTI Capital Management names ABL Group head

An Orlando-area institutional investment management firm, has announced the appointment of (more…)

#bank#commercial finance#investment


Dallas-based trade finance law specialist opens Addison Office

The attorneys joining the firm bring substantial legal expertise in banking, lending, factoring, bankruptcy, litigation, franchising (more…)

#bankruptcy#insurance#trade


Leading Kansas-based bank opts for success with Surecomp’s end-to-end...

Surecomp, a leading provider of trade finance solutions for the banking and financial market, today announced that Kansas-based (more…)


Wachovia still trying for GMAC stake

Wachovia Corp. continues to mull buying a stake in GMAC, General Motors Corp.'s financing arm (more…)

#bank#Bank of America#bankruptcy

New programme partner to provide additional source of operating...

TradeCard Inc., the leading provider of on-demand financial supply chain products has announced a new partner in TradeCard's 'Early Payment…

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