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Tyco said the sale of its CIT finance unit could be delayed a week. The company had promised to complete the sale by 30 June 2002 , but says it is still unclear whether the unit will be sold to...
#CIT#CIT Commercial Services#international
Euro Sales Finance (Euro Sales), a specialist provider of invoice discounting and factoring services, has gained membership of the Factors…
#bank#invoice#management
Structured finance provider, NMB-Heller announced yesterday that it has secured deals with Midlands-based Electrocal Group and Hartlepool-based Stadium Consumer Products…
#bank#invoice#risk
Bibby Factors announced this week that it has appointed Stewart Chesters as Head of Operations at Bibby Factors Bedford and…
#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…
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