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Another top former FleetBoston Financial executive has left Bank of America Corp. to be replaced by a long-time BofA staffer, raising new alarms about the diminishing clout of former Fleet managers at the Charlotte, N.C.-based bank. Doug Bowers, previously managing...
#bank#Bank of America#banks
The European Bank for Reconstruction and Development (EBRD) economic report gives Poland high marks, but warns there is still much…
#bank#economy#investment
The Chilean unit of French commercial insurer Coface expects profits to grow 30 per cent this year, company executive Louis…
#bank#conference#management
The number of overdue loans to small- and medium-sized enterprises (SMEs) jumped by nearly 50 per cent in the first…
#bank#credit risk#insolvency
The CIB group has bought the factoring firm Aginvest-Faktor Rt, Hungary’s second largest factor. CIB Group’s commercial finance units, CIB…
#acquisition#bank#commercial finance
Bibby Factors Northwest, a specialist provider of business cash flow solutions, has announced the appointment of Paul Mountain as regional…
#bank#cash-flow#financial services
Three out of four firms listed on the Korea Stock Exchange (KSE) had no credit ratings from domestic credit rating…
#bank#banks#insolvency
More than six in ten UK businesses have stuck with the same bank over the last five years, according to…
#bank#small business#smes
Seven banks and insurance companies have expressed interest in opening an affiliate company in Latvia. The companies comprise three from…
#bank#banks#insurance
Africa's finance, planning and economic development and trade ministers warned yesterday that lack of access to trade financing information and…
#African Development Bank#bank#international
The creation of an exclusive fund for small- and medium-sized enterprises (SMEs) and the outsourcing opportunities available to small-scale industry…
#bank#interest rate#receivables
HVB Factoring Ltd., a daughter company of HVB Bank Slovakia, will launch its business activities in the Slovak Republic in…
#bank#banks#interest
Enterprise Finance Europe (EFE), one of the UK's leading asset-based lenders, has celebrated the opening of its new office in…
#bank#commercial finance#management