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Whitehall Jewellers Inc. said on Thursday that it had fired chief financial officer Jon Browne as a result of an ongoing internal fraud investigation. The investigation stems from charges of fraud brought by Capital Factors Inc, a receivables factoring company,...
#factoring fraud#receivables#SEC
General Electric, the US conglomerate, yesterday agreed to acquire a large part of the equipment leasing business of IKON Office…
#acquisition#commercial finance#commercial lending
The Banknorth Group of Maine announced plans on Tuesday to buy CCBT Financial Companies for $300 million in stock. Barring…
#bank#commercial lending#conference
Low inflation and spare resources in the economy mean that policy can continue to support growth "for a considerable period",…
#bank#economic recovery#inflation
A judge granted bail to two brothers accused of defrauding a Portuguese bank branch out of $170 million that was…
#bank#Paid#risks
A federal jury found former Commercial Financial Services (CFS) co-founder Bill Bartmann not guilty of charges tied to a company…
#Bill#financial services#Two
Nine men were indicted on charges of stealing $170 million from a Portuguese bank branch in Florida through what prosecutors…
#bank#Clear#interest
First Business Financial Services, Inc. announced today that Jan Eddy has been elected to its Board of Directors. She is…
Jacksonville works hard at developing export markets for US products that can be shipped through its port. But misunderstandings and…
US Bank, in conjunction with the US Small Business Administration (SBA), is rolling out a new loan programme geared for…
The US economy surged in the third quarter, growing even faster than originally thought, according to government data released on…
#conference#GDP#interest rates
The National Federation of Independent Business' (NFIB) monthly index of small business economic indicators jumped 2.1 points in October to…
#GDP#small business#small businesses
Federal Reserve (Fed) officials said on Friday that healthy US economic growth looks likely to continue, but low inflation means…
#bank#economy#i