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Cushnie firm 'received Versailles cash'

Carl Cushnie, founder of the collapsed FTSE 250 company Versailles, channelled more than Ј610,000 in payments from within the group into a private company called C Limited, according to his former finance director. Fred Clough told a jury at Southwark...

#banks#crisis#i

New appointments at Bibby Factors Northeast and Yorkshire

Bibby Factors Northeast is pleased to announce today the appointment of Terry Brown as head of sales. In his new…

#cash-flow#financial services#i


Number of big fraud cases almost doubles

Britain's fraud boom accelerated last year as the number of big cases almost doubled, according to a report published yesterday.…

#frauds#i#international


Trade secretary says he will focus on SME development

The growth of small- and medium-sized enterprises (SMEs) and the retention of existing investments in the country amid stronger competition…

#economy#i#smes


Equifax strengthens leadership in its commercial services group

Equifax Plc has named the new sales director of Equifax's Commercial Services division as Nick Frazer. With nearly twenty years…

#Equifax#i#leadership


RBS Commercial Services strengthens London corporate team

The Royal Bank of Scotland Commercial Services (RBS Commercial Services), the invoice finance arm of The Royal Bank of Scotland,…

#bank#corporate finance#i


Factor Drops All Claims Against YP.Net's CEO; Angelo Tullo...

YP.Net™ (OTC BB: YPNT), a leading provider of Internet Yellow Pages and related services, announced today that New Horizon Capital…

#Clear#funding#i


MFB makes first venture capital deal and boosts overseas...

The Hungarian Development Bank Rt (MFB) has made its first investment as part of its new venture capital activity. MFB…

#bank#Boost#i


Freedom Financial announces new vice president

Freedom Financial, Inc., a rapidly growing provider of factoring, purchase-order financing and additional asset-based lending services, has announced the appointment…

#commercial finance#i#order financing


Bank Danamon re-evaluates its business strategy

Bank Danamon, the country's fifth-largest bank in terms of assets, is currently undergoing a re-evaluation of its business strategy after…

#bank#Deutsche Bank#i


Federal Reserve sees steady growth ahead

Federal Reserve (Fed) officials said on Friday that healthy US economic growth looks likely to continue, but low inflation means…

#bank#economy#i


NIB and Northern Bank merger may be on the...

National Irish Bank's (NIB) parent is likely to merge the Republic-based institution with its Northern Irish sister company, Northern Bank,…

#bank#banks#financial services

Bantec to sell factoring unit

Costa Rican financial group Consorcio Bantec plans to sell its factoring unit in order to address a liquidity shortfall of…

#bank#financial institution#i

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