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financial services

New name for London Scottish Bank factoring division

London Scottish Bank plc, the specialist financial services company, has announced that its two factoring companies, Sygnet and Isis, will be merged into one combined company, London Scottish Invoice Finance Ltd., with immediate effect. Both Sygnet and Isis were acquired...

#bank#factoring industry#financial services

Financing the Mittelstand

Though starved of bank loans, German companies are reluctant to tap alternative sources of capital More than 3,000 German companies…

#bank#Commerzbank#financial services


Accord posts improved third quarter results

Accord Financial Corp, a leading North American provider of asset-based financial services to businesses, has announced unaudited consolidated financial results…

#Accord Financial#Accord Financial Corp#credit protection


Ex-TMB chief sets up SME financial consultancy

A veteran of nearly 30 years in financial markets and former chief of three commercial banks, Somchai Sakulsurarat is too…

#bank#financial services#management


Wells Fargo reports record third quarter net income

Wells Fargo & Company reported that third quarter net income was a record US$1.6 billion in 2003, up 8 per…

#bank#financial services#trade


Banks to tighten lending to smaller companies

With the nation's economic slump leaving a raft of companies behind on their debt payments, domestic banks are moving to…

#bank#financial services#guarantees


Fortis Bank signs two “multi-sourcing” framework agreements

Fortis Bank has signed two new “multi-sourcing” framework agreements of Ђ50 million each with Vietindebank and Vietcombank. These agreements were…

#bank#exporters#financial services


Factoring to attract VAT in amendments to Act

A VAT Act amendment has passed into law that will increase VAT rates for selected services as of 1 January…

#debt collection#financial services#receivables


Financial services bounce back takes hold – survey suggests...

Financial services companies' confidence improved more than at any time in the last four years as business grew at its…

#banks#Boost#financial services


SMEs turn to factoring as ATO cracks down and...

With insolvencies on the rise due to the Australian Taxation Office’s (ATO’s) toughened approach on debt collection, more businesses are…

#debt collection#financial services#insolvencies


Zurich Financial Services gets out of the consumer business...

Swiss insurance firm Zurich Financial Services is to sell up its consumer operations in France in favour of concentrating on…

#financial services#insurance#Two


EQUIFAX offers online images of Companies House documents to...

An enhanced service offering instant photographic access to documents filed at Companies House, including directors' signatures, has been launched by…

#Equifax#financial services#risk

HSBC launches new factoring service

HSBC has launched a new service specifically designed to assist businesses with financing against their outstanding invoices for both their…

#financial services#international#international factoring

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