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Bibby Factors announced this week that it has appointed Stewart Chesters as Head of Operations at Bibby Factors Bedford and Angus Rooms as Sales Manager at Bibby Factors Bristol. Stewart will be responsible for client relations and managing the company’s...
#risk
The New York Times reported this week that several thousand workers for CIT would forfeit any unvested options as soon…
#CIT#CIT Commercial Services#Commerzbank
Having failed to find a suitable buyer, Tyco International Ltd., intends to sell 100% of CIT Group, in an initial…
#CIT#CIT Commercial Services#international
The French credit-insurance company Euler &Hermes saw its turnover fall by 1.7 per cent like-for-like, to ?298million euros, in the…
#Allianz#insurance#interest rates
Small Business Minister Nigel Griffiths today announced a series of new projects to help small businesses with high-growth potential maximise…
#funding#management#risk
The Small Industry Finance Corporation (SIFC) is stepping up its efforts to lend 30bn baht this year, despite slipping below…
#credit risk#crisis#interest rate
A new fund tailored to put the zest back into tourism has been established with two billion baht. The Replenish…
#bank#Boost#risk
Dun & Bradstreet has announced it will change the company's name to D&B, its widely used and instantly recognizable company…
#e-commerce#management#risk
Eurofactor (UK) Limited, backed by Credit Lyonnais and Euler (Europe’s largest credit insurance company), is launching a Thames Valley business,…
#funding#invoice#leadership
Gerling Versicherungs-Beteiligungs-AG (GKB) and Swiss Re have reached an agreement on forming a joint venture between Dutch credit insurer NCM,…
#international#management#receivables
Cutfin, Absa's debtor finance house, has joined the ranks of almost 150 companies in more than 50 countries by becoming…
#international#international factoring#risk
Ashley Commercial Finance this month has gained three new experienced members of staff. Elaine Ireland has been appointed to the…
#BCR Publishing#commercial finance#risk
eCredit, a finance company which provides traditional finance products adapted for e-commerce, has a new on line invoice factoring service…
#e-commerce#invoice#management