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financial services

HPSC Inc. Discovers Employee Defalcation Involving Transactions with Factoring...

HPSC Inc. announced today that it has discovered that an employee of the company's asset-backed lending subsidiary, American Commercial Finance Corporation, perpetrated a defalcation by which approximately US$5 million was diverted over a period of the last four to five...

#AMEX#bank#commercial finance

iBX Group Announces National Strategic Alliance With Sun Capital...

iBX Group, Inc., a publicly held Florida corporation, on Wednesday announced the establishment of a national strategic alliance with Sun…

#capital requirements#financial services#management


Bibby Launches Guide to Coping with an Economic Downturn

Leading business finance firm Bibby Financial Services launched a free guide last week to help business owners trade through a…

#business finance#financial services#management


Unicredito Italiano SpA is to Buy 50% Stake in...

Unicredito Italiano SpA said it has reached an agreement to buy a 50% stake in Koз Financial Services, a unit…

#bank#financial institution#financial services


Tyco to Go Ahead with CIT IPO after Lehman...

Tyco International Ltd will go ahead with an Initial Public Offering of its financial services unit CIT Group after talks…

#bank#CIT#CIT Commercial Services


VR Diskontbank Shows Leap in Annual Surplus

VR Diskontbank, the German-based co-operative bank offering financial services in the areas of factoring and central regulation, last year showed…

#bank#financial services#regulation


GE Capital Commercial Services Offers Factoring Facility to 3DO

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


Bibby Launches New Factoring Operation in Poland

Building on their tremendous success in the last five years, Bibby Financial Services is further expanding its international presence with…

#acquisition#business finance#financial services


HSBC Reviews the Government's Competition Commission Findings

HSBC has received the government’s response to the Competition Commission’s inquiry into banking services for small and medium sized businesses…

#bank#financial services#international


Tyco Capital to Draw US$8.5bn in Bank Credit

Tyco Capital, the financial services subsidiary of Tyco International Ltd, announced yesterday that it would draw from US$8.5bn in unsecured…

#bank#CIT#conference


Tyco Capital to Return to CIT Brand

As part of its initiative to prepare for independence, Tyco Capital Corporation, the financial services subsidiary of Tyco International Ltd.,…

#bank#CIT#commercial finance


Bay View Capital Corporation Figures Release Q4 Figures

The diversified financial services company Bay View Capital Corporation has announced results for the fourth quarter of 2001. They included…

#financial services

Bibby Financial Services Wins Marketing Award

Leading independent finance firm Bibby Financial Services has been awarded a prestigious marketing prize by the Institute of Public Relations.…

#awards#business finance#cash-flow

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