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Creation of Mizuho Banking Group May Result in Merger...

At the end of September 2000 Mizuho Holdings Inc, the holding company for the newly formed Mizuho Financial Group, was launched on the Japanese stock exchange with total assets of Ґ134 trillion . Mizuho has been nicknamed the “Godzilla bank”...

#bank#IBM#insurance

Bill Introduced Concerning “Factoring” of Payments to Victims of...

A new federal bill, The Structured Settlement Act (HR 5421), was introduced on 6 October 2000. This legislation is intended…

#insurance#securitisation#trade


EU Commissioner Calls for Faster Cross Border Bank Transfers

The EU’s single market commissioner, Frits Bolkestein, has today urged EU banks to speed up payments between banks and reduce…

#bank#banks#international


Interest Rates Rise For First Time in Ten Years

On Friday, the governor of the Bank of Japan, Masaru Hayami, persuaded the bank’s policy board to raise rates from…

#bank#economy#interest rates


Versailles’ Investors Launch Court Action in British Virgin Islands

Two members of the group of wealthy individuals that helped fund the trade finance group Versailles (which went into receivership…

#channel#interest#trade


Key Developments in German Factoring Market According to Bertelsmann

The factoring market in Germany has remained fairly steady in the last few months, with DG Bank continuing their dominance…

#bank#BCR Publishing#receivables

Two new players in Romanian Market

Two new players have recently joined the Romanian market, The Romanian Commercial Bank and Demir Bank of Romania in offering…

#bank#banks#Two

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