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General Motors (GM) has sold its 51 per cent controlling interest in GMAC, the finance provider, to a consortium of investors led by Cerberus Capital Management, a private investment firm (more…)
#bank#international#liquidity
Credit ratings agencies remained mixed in their assessments of GMAC after General Motors' announcement last week (more…)
#bonds#interest#liquidity
In the wake of General Motor’s (GM’s) dismal financial release, analysts have eagerly re-initiated their frenzy of speculation over the…
#bankruptcy#financial services#J.P. Morgan
Russia's ministers met yesterday to canvass liberalisation of factoring transactions. Economic Development Minister German Gref, who calls for abolishing licenses…
#bank#banks#GDP
Yesterday, the Asset Based Lending Group of Sun Trust Bank announced it has finalised and... (more…)
#bank#liquidity#receivables
Coface announced that its world country risk index continued to improve during the past three months (down 4% and at…
#bank#exports#liquidity
An article by Jephraim Gundzik of Condor Advisers A growing number of economists and analysts have become alarmed that economic…
#banks#economy#liquidity
Accounts Receivable Funding Corporation has entered into a factoring agreement with (more…)
#funding#liquidity
According to bank president Prasarn Trairatvorakul (more…)
#bank#banks#interest rates
Tripath Technology has secured an asset-based credit facility for US$6 million with Bridge Bank. The revolving credit facility has... (more…)
#bank#Bridge Bank#liquidity
The Inter-American Development Bank s (IDB s) Multilateral Investment Fund (MIF) is to provide lines of credit to support a…
#bank#liquidity#risk
Just three months before enactment of the revised Bankruptcy Code, many corporate renewal professionals are still (more…)
#bank#Bank of America#liquidity
Economists said the monetary policy committee, which made its announcement about two hours after the London bomb blasts (more…)
#bank#Bank of England#interest rates