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Archive for January, 2007

American Telecom Services Secures Open-Ended Financing From CIT … – PR Newswire (press release)

January 19th, 2007 No comments

American Telecom Services Secures Open-Ended Financing From CIT …PR Newswire (press release), NY - Jan 18, 2007About CIT Commercial Services CIT Commercial Services is one of the nation's leading providers of factoring and financing to consumer products companies and …

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SunTrust Reports Record Earnings For 2006, Up 7% From 2005 – Earthtimes.org

January 19th, 2007 No comments

SunTrust Reports Record Earnings For 2006, Up 7% From 2005Earthtimes.org - 6 hours agoAdjusting net income by $16.6 million for the March 2005 divestiture of Receivable Capital Management ("RCM") factoring assets, net income increased 1%. …CIT Reports Record Fourth Quarter Results PR Newswire (press release)all 181 news articles

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AEGON and Banca Transilvania to Form Partnership in Romania – Insurance News Net

January 19th, 2007 No comments

AEGON and Banca Transilvania to Form Partnership in RomaniaInsurance News Net, PA - 4 hours agoWith a market share of 4.5%, Banca Transilvania is the fifth largest commercial bank in Romania . The bank's headquarters are located in Cluj-Napoca, …AEGON and Banca Transilvania to Form Partnership in Romania PR Newswire (press release)all 16 news articles

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Siemens Financial Services and First Capital Announce Formation of … – Business Wire (press release)

January 19th, 2007 No comments

Siemens Financial Services and First Capital Announce Formation of …Business Wire (press release), CA - Jan 17, 2007Founded in 1987, the firm focuses on Traditional Factoring, Asset-Based Lending and Discount Factoring for clients in North America and Asia with financing …

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M&A briefly noted: Jan. 18, 2007 – Insurance News Net

January 19th, 2007 No comments

M&A briefly noted: Jan. 18, 2007Insurance News Net, PA - Jan 18, 200717 it had agreed to acquire Taiwanese factoring company Chailease Credit Services Co. Ltd. from Chailease Finance Co. Ltd. No price was disclosed for the …

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HSBC to buy Taiwan's Chailease Credit Services – MarketWatch

January 17th, 2007 No comments

ABCmoney.co.ukHSBC to buy Taiwan's Chailease Credit ServicesMarketWatch - 3 hours ago… said Wednesday it agreed to buy Taiwan factoring company Chailease Credit Services Co. as part of efforts to expand its commercial banking business in …UPDATE 2-HSBC to buy Taiwan factoring company ReutersHSBC unit to buy Taiwan's Chailease Credit Services – UPDATE ForbesHSBC buys Taiwan's Chailease Credit Services Bobsguideall 11 news articles

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Wells Fargo Profit Rises on Stronger Commercial Loans (Update2) – Bloomberg

January 17th, 2007 No comments

Wells Fargo Profit Rises on Stronger Commercial Loans (Update2)Bloomberg - 23 hours agoIn December, the lender bought Evergreen Funding Corp., a Dallas-based factoring company that provides financing to manufacturers and other companies. …

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CIT Reports Record Fourth Quarter Results – Yahoo! News (press release)

January 17th, 2007 No comments

CIT Reports Record Fourth Quarter ResultsYahoo! News (press release) - 2 hours agoVolume and Assets * Origination volume for the quarter, excluding factoring, was $11.6 billion, 5% above last quarter, including a strong aerospace quarter, …

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AFX NEWS BRIEFING: Mergers and acquisitions highlights to 09:20 GMT – Hemscott

January 17th, 2007 No comments

AFX NEWS BRIEFING: Mergers and acquisitions highlights to 09:20 GMTHemscott, UK - 4 hours agoSHANGHAI (XFN-ASIA) – Dalian City Commercial Bank confirmed a media report that it is selling a nearly 25 pct stake to foreign investors including Canada's …

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DENVER — Fortune 500 Company to Offer Online Financial Services … – dBusinessNews Denver (press release)

January 17th, 2007 No comments

DENVER — Fortune 500 Company to Offer Online Financial Services …dBusinessNews Denver (press release), CO - 6 hours agoCIT, a Fortune 500 company and a member of the S&P 500 Index, holds leading positions in vendor financing, factoring, equipment and transportation financing …

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