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A small bank in Norway is suing accounting giant KPMG after losing NOK 125 million on the bankruptcy of factor Finance Credit. KPMG had audited some of the biggest companies in the Finance Credit system. The bank, Sparebanken Vest, and...
#bank#bankruptcy#banks
Of the Rs 95 crore credit that the Credit Guarantee Fund Trust For Small Industries (CGTSI) has disbursed, Karnataka leads…
#bank#guarantee#guarantees
Lenders painted a less than rosy picture of the Florida lending market at the Florida Chapter Turnaround Management Association's meeting.…
#CIT#CIT Commercial Services#liquidity
National insurance rises due to take effect this week will force a third of smaller companies to cut jobs, according…
#conference#insurance#Jobs
Commerce Asset-Holding Bhd recorded a higher pre-tax profit of RM747.6m for the year ended Dec 31, 2002, compared with RM515.6m…
#bank#CIMB#commercial finance
With advances to the corporate sector slowing down, and in some cases even turning negative, small- and medium-size enterprises (SMEs)…
#bank#banks#management
Underwriter Euler American Credit Indemnity has notified policyholders it will no longer insure their accounts receivable on business done with…
#insurance#receivables#risk
This item has been written by Robert Hannah a corporate finance partner with Grant Thornton The way in which grants…
#awards#funding#Jobs
The shortage of skilled workers across the UK is getting worse and is holding back small- and medium-sized firms according…
#financial services#management#small business
Thousands of small businesses will find it easier to obtain bank loans thanks to changes announced in the Pre-Budget Report.…
#3M#bank#guarantee
Business services group Numerica Group plc today announced that, following an audit by the International Standards Organisation(ISO), its ISO 9001…
#international#management#risk
Recent changes to the Companies Act could reduce the chances of creditors getting paid when debtors go into liquidation, Credit…
#guarantee#insurance#Paid
A new drive to champion entrepreneurs and inspire youngsters to consider a career in business was launched today by Small…
#awards#funding#i