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Lehman Brothers Holdings, an adviser to Tyco International, bid about US$5 billion for Tyco's CIT finance unit but then appeared to withdraw the offer, executives close to the negotiations said last Friday. CIT Group is parent to CIT Commercial Services,...
In a quarterly regulatory filing and a conference call last Thursday the battered Bermuda-based conglomerate made clear that much of…
#CIT#CIT Commercial Services#conference
GE Capital Commercial Services, a leading provider of financing solutions for primarily non-investment grade companies, has sent a commitment letter…
#commercial finance#financial services#insurance
US Funding Corporation, a factoring company based in Hackensack, New Jersey, defended itself on Tuesday against accusations of fraud made…
#funding#SEC#trade
Asta Funding, Inc., a leading consumer receivables asset management and liquidation company, today reported both revenue and net income gains…
Asta Funding, Inc., a leading consumer receivables asset management and liquidation company, announced that it will release its financial results…
#conference#funding#international
The New York Times reported this week that several thousand workers for CIT would forfeit any unvested options as soon…
#CIT#CIT Commercial Services#Commerzbank
Having failed to find a suitable buyer, Tyco International Ltd., intends to sell 100% of CIT Group, in an initial…
#CIT#CIT Commercial Services#international
29 April 2002: American Community Bancshares Inc. Announces Results for Latest Quarter American Community Bancshares Inc., the holding company for…
CIT Group Inc., a subsidiary of Tyco International Ltd. and parent of CIT Commercial Services, today announced second fiscal quarter…
Union Planters, the 28th largest bank holding company in the United States, with assets in excess of US$30 billion, today…
#bank#cash management#management
The Fort Worth, Texas, based KBK Capital Corporation, which provides business credit to middle-market companies, has reported its operating results…
#interest#Produce#receivables
US service-sector activity suffered a minor setback last month but is still close to a 15-month high. The Institute for…
#i#management#Two