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Despite the slew of large corporate insolvenciesthat have sent shockwaves through the business world in recent years, only a small portion of (more…)
#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…
The company can now be fluid in capital as it prepares to double sales in the next 90 days (more…)
#1st Commercial Credit#cash-flow#Commercial Credit
Both the Wall Street Journal and Bloomberg are reporting that that a group may bid between US$11 billion and US$15…
In the wake of General Motor’s (GM’s) dismal financial release, analysts have eagerly re-initiated their frenzy of speculation over the…
#bankruptcy#financial services#J.P. Morgan
In an effort to help financial services organisations collect on large volumes of uncollected debt, Experian®, a global information solutions…
#financial services#receivables
Following the launch of Bibby Financial Services' new business unit in December, the company has appointed five new members of…
#financial services#funding#management
GE announced record full-year 2005 earnings from continuing operations up 12% from 2004 (more…)