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Potential Impact of Change in SEC Disclosure Rules

A new rule is proposed by the US Securities and Exchange Commission to stop companies giving favoured analysts and investors advance news of important financial information. This new rule, which the SEC commissioners will vote on tomorrow, says that if...

US Factoring Industry Snapshot From HSBC President, John Heffer

There have been unprecedented numbers of mergers and acquisitions in the US factoring industry in the last 12 months, with…

#bank#BCR Publishing#CIT


Have Industry Mergers and Consolidations Damaged the Factoring Industry?

Consolidation among companies that provide finance for small businesses is making it harder for companies to get cash, reports the…


Finova In Trouble

Finova Group Inc. retained Credit Suisse First Boston to review strategic alternatives, including a possible sale, due to short-term financial…

MetroCorp BancsharesInc. Records a $5.3m Factoring Receivable Charge-Off

MetroCorp Bancshares Inc. announced that Advantage Finance Corporation, the factoring subsidiary of MetroBank N.A., has reportedly been the victim of…

#3M#bank#interest rates

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