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Basel III, risk and the factoring offering

It seems that regulators are edging towards agreement regarding Basel III after months of wrangling with European banks over the levels of capital adequacy, liquidity and leverage ratios. Many banks are still hoping that requirements set out by Basel III...

#bank#insolvencies#regulation

HSBC Invoice Finance supplies Westcon Group with invoice finance...

Westcon Group, Inc., a speciality distributor in the networking, security, mobility and convergence industry, has replaced its syndicated vendor based…

#accounts payable#bank#invoice


Two-factor developments

Peter Mulroy, Chairman of Factors Chain International (FCI) and Erik Timmermans, Secretary General of the International Factors Group (IFG), talk…

#bank#exporters#international


Iran and Brazil to accelerate bilateral trade following Tehran...

Eight Memorandum of Understanding documents have been signed by Iran and Brazil officials at the 4 th Iran-Brazil Trade Seminar,…

#memorandum of understanding#security#trade


Letter from Uncle Sam

In the first of an editorial series examining developments in the US, Mark Mandula, Managing Director of United Capital Funding…

#bank#conference#Mark Mandula


Sterling success

John La Lota, President of Sterling Factors in the United States, talks to Factorscan about Sterling s recent purchase of…

#bank#CIT#international


With powerful friends…

Boris Melnikov, CEO of FactorRus in Russia, talks to Factorscan about the company's joint venture, the expertise that its international…

#bank#international#management


Specialist ABL risk management venture launched

Former Lloyds TSB Commercial Finance Senior Manager, Richard Turvey and has launched a joint risk management consultancy venture (more…)

#commercial finance#invoice#management


Huge rise in corporate fraud, according to BDO report

Reported fraud in the UK rose dramatically last year, breaking the 2 billion barrier for the first time (more…)

#frauds#insolvency#management


Assignment of current accounts claims invalid in German insolvency

DLA Piper provide an overview of changes to German assignment law that are likely to have a significant impact upon…

#assignment#bank#insolvency


Poaching clients – blood in the water

It seems that during these troubled times, not everyone is playing fair when it comes to receivables finance. While some…

#bank#commercial finance#invoice


ABFA report 17% drop in advances for second quarter

The latest figures released by the Asset Based Finance Association (ABFA) reveal poor results for the asset based finance industry…

#bank#Bank of England#invoice

Scotland's SME finance in 'stranglehold,' say FSB

In a recent interview with The Herald Scotland, the Federation of Small Businesses has voiced concerns that the two foremost…

#bank#financial services#recession

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