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Corporate failures have fallen by 8.8 per cent during the first three months of 2007, with 430 fewer failures than were recorded during the same period in 2006, according to the latest figures released by Experian. (more…)
#financial services#insolvencies#insolvency
...credit and store card issuers accounted for approximately 28 per cent of the total financial losses, at an average cost…
#financial services#frauds#international
The new rules will make unrated loans equivalent to investments in a speculative grade company as both require 150% weighting. Loans…
#bank#bonds#risk
Euler Hermes Servis, s.r.o., part of the Euler Hermes Group, reports that the insolvency situation in Slovakia was radically changed…
#Allianz#bankruptcy#insolvencies
Kenneth Wengrod, President of FTC Commercial Corp, has announced that FTC was the arranger and agent for a $20m asset-based revolving…
#commercial finance#factoring industry#management
Accounting software company Topaz has partnered with the developers of invoice discounting technology product - Credit IQ - to create…
#invoice#management#risk
PrimeRevenue, Inc., provider of Supply Chain Finance (SCF) solutions, today announced the release of its next-generation PrimeRevenue SCF Platform ,…
#risk#SCF platform#supply chain finance
As business failures rise, Equifax launches a range of new business reports that take the mystery out of dealing with…
#Equifax#risk#small business
After a rapid period of UK and overseas growth, Bibby Financial Services, a global provider of business cash flow solutions,…
#cash-flow#Ed Rimmer#financial services
The Supervisory Board of Dresdner Factoring AG has passed a resolution to restructure the company's Management Board. It has appointed…
#leasing#management#receivables
Platinum Funding Group has announced a factoring facility for an industry-leading provider of governance, risk and compliance software and services (more…)
#accounts receivable finance#cash-flow#risk
Davenham Group plc is pleased to announce the appointment of David Bowles as group risk director, a main board position,…
#acquisition#bank#management
China Continent Property and Casualty Insurance Co., Ltd. (CCIC), a national property insurer in China, officially signed an agreement with…
#Atradius#Atradius Trade Credit Insurance#risk