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finance business

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Universal Insurance Holdings, Inc. and Atlas Premium Finance Company Announce the Formal Launch of Atlas' Premium Finance Business
Universal Insurance Holdings, Inc. UIH (AMEX: UVE), a vertically integrated insurance holding company, and Atlas Premium Finance Company Atlas, announce the formal launch of Atlas' premium finance business. Atlas will offer insurance premium finance services to customers with annual homeowners insurance premiums of at least $1,000. Premium finance...
Tags: Atlas, finance
Research articles 2007-11-29
Citicorp Expands Technology Finance Business
NEW YORK--BUSINESS WIRE--Feb. 10, 1999--Citicorp Global Equipment Finance has announced that it will expand its technology finance capabilities and has appointed David J. Kuncio to head a newly formed Technology Finance business unit. He will be responsible for managing the growth of the business, which serves corporate customers in the...
Tags: Citicorp, finance
Research articles 1999-02-11
Prudential Capital Group Names New Head of Commercial Asset Finance Business
ATLANTA -- Prudential Capital Group, an investment business of Prudential Financial, Inc., (NYSE: PRU), announced today that it has named Robert L. Penfold managing director of its Commercial Asset Finance group. Penfold, a 25-year veteran of the finance and leasing industry, will oversee the Prudential Capital Group's commercial asset finance...
Tags: asset, Prudential Insurance Company of America
Research articles 2007-12-18
Churchill Financial Announces Acquisition of Churchill Capital's Mezzanine Finance Business
NEW YORK -- Churchill Financial Holdings LLC ("Churchill Financial"), a middle market commercial finance company, announced today that it has completed the acquisition of Churchill Capital Inc.'s Mezzanine Finance Business. Churchill Capital's Mezzanine Finance Business originates, structures and manages subordinated debt investment funds providing capital to private equity sponsored...
Tags: Churchill Capital Inc.
Research articles 2007-04-12
Smith Barney tops muni market. (municipal finance business dominated by Smith Barney Inc.)
Firm grabs underwritings after others exit business WALL STREET In the last 11 years, only two securities firms have ended the year as No. 1 in the municipal finance business: Merrill Lynch & Co. and Goldman Sachs & Co. But this year, Smith BFirm grabs...
Tags: finance, His-Name, Merrill Lynch & Co. Inc., Salomon Smith Barney
Research articles 1997-09-15
EDB Business Partner ASA reorganises bank & finance business area, cuts 105 jobs
NORDIC BUSINESS REPORT-29 August 2003-EDB Business Partner ASA reorganises bank & finance business area, cuts 105 jobsC1994-2003 M2 COMMUNICATIONS LTD http://www.m2.com The Norwegian IT group EDB Business Partner ASA said on Thursday (28 August) that it would reorganise and downsize its business area Bank & Finance. The reorganisation...
Tags: EDB Business Partner ASA
Research articles 2003-08-29
Whirlpool Corporation Finalizes Sale Consumer Finance Business
BENTON HARBOR, Mich.--BUSINESS WIRE--Jan. 2, 1998--Whirlpool Corporation (NYSE:WHR) today announced that it completed the previously announced sale of the consumer finance business of Whirlpool Financial Corporation WFC to Transamerica Distribution Finance Corporation TDF.
Tags: Whirlpool Corp.
Research articles 1998-01-02
Whirlpool Corporation Finalizes Sale of Whirlpool Financial Corporation Inventory Finance Business
BENTON HARBOR, Mich.--BUSINESS WIRE--Oct. 16, 1997--Whirlpool Corporation (NYSE: WHR) today announced that it has completed the sale of Whirlpool Financial Corporation's WFC inventory finance business, and certain other assets, to Transamerica Distribution Finance Corporation TDF. On September 18, Whirlpool announced it had reached a definitive agreement to sell the...
Tags: finance, Whirlpool Corp.
Research articles 1997-10-16
Thai Firm to Issue Debentures to Fund Consumer Finance Business Expansion.
By Krissana Parnsoonthorn, Bangkok Post, Thailand Knight Ridder/Tribune Business News Nov. 16--Siam A&C Co Ltd plans to issue two billion baht in senior debentures early next month to fund the expansion of its Easy Buy consumer finance business. The...
Tags: Bangkok Post, FINANCE, SALES
Research articles 2002-11-16
Abbey National closes car finance business
SIX HUNDRED and fifty jobs are to go after Abbey National announced it was to close its car finance business. The high street bank said two- thirds of the 1,000 staff at First National Motor Finance are to be made redundant by the end of the year. The bank said...
Tags: Abbey National Plc.
Research articles 2003-05-09
New Book from Accenture Finance Solutions Shares CFOs' Insights on Finance Business Process Outsourcing
NEW YORK -- Many leading companies are adopting finance business process outsourcing BPO as a means to achieve market leadership and redefine their competitive positions in the global economy, according to a new book written by executives from Accenture (NYSE:ACN).
Tags: Accenture Ltd., finance
Research articles 2004-07-21
GE Commercial Finance Business Credit Names Daniel A. Greene Team Leader for Eastern U.S. Region
NORWALK, Conn. -- GE Commercial Finance Business Credit today announced that Daniel A. Greene, Senior Vice President, has been named to the additional post of team leader, East Region, Business Credit. Based in New York City, Mr. Greene will have responsibility for directing Business Credit's overall efforts in the origination...
Tags: General Electric Co.
Research articles 2005-04-04
GE Commercial Finance Business Credit Names Eric Gill as Vice President of Origination, Heading New Office in Charlotte, N.C
CHARLOTTE, N.C. -- GE Commercial Finance Business Credit today announced that it has named Eric R. Gill as vice president of origination. Mr. Gill will be based in Charlotte, N.C., a new office for Business Credit, and will be responsible for the North Carolina, South Carolina, Virginia and District of...
Tags: General Electric Co.
Research articles 2004-08-19
BankAmerica to Solicit Bids on Manufactured Housing Finance Business
SAN FRANCISCO--BUSINESS WIRE--Oct. 15, 1997--BankAmerica Corporation today announced its intention to solicit bids to purchase its manufactured housing finance business, BankAmerica Housing Services. The business became a part of BankAmerica in its 1992 acquisition of Security Pacific Corporation and operates its own network of 45 offices in...
Tags: Business Wire, FINANCE
Research articles 1997-10-15
Household International to Purchase Transamerica's Consumer Finance Business for $1.1 Billion
PROSPECT HEIGHTS, Ill.--BUSINESS WIRE--May 21, 1997-- Household International (NYSE: HI) announced today that it has signed a definitive agreement for Household to purchase Transamerica Corporation's consumer finance business for $1.1 billion in cash. Household anticipates that the purchase will be accretive to earnings beginning with the current fiscal year.
Tags: Transamerica Corp.
Research articles 1997-05-21
Empire State Certified Development Corporation Gives Gold Award to GE Commercial Finance, Business Property
FARMINGDALE, N.Y. -- In recognition for its role assisting New York small businesses with financing intended to promote economic development, GE Commercial Finance, Business Property received the Empire State Gold Award for 2004 from Empire State Certified Development Corporation ESCDC. ESCDC is the eighth-largest CDC in the United States and...
Tags: General Electric Co.
Research articles 2005-05-13
GE Commercial Finance Business Credit Provides $25 Million Revolving Credit Facility for Calpaco Papers, Inc
NORWALK, Conn. -- GE Commercial Finance Business Credit announced that it has arranged a $25 million revolving credit facility for Calpaco Papers, Inc. The facility and an associated $750,000 term loan were arranged by Business Credit and will be used to refinance existing debt. The transaction closed on December 17.
Tags: General Electric Co.
Research articles 2005-01-04
GE Commercial Finance Business Credit Names Michael McCormick Senior Vice President of Origination for Ohio Market
NORWALK, Conn. -- GE Commercial Finance Business Credit today announced that it has named Michael P. McCormick as senior vice president of origination. Based in Chicago, Mr. McCormick will manage new business development initiatives in Ohio, as well as through intermediaries in the Chicago market.
Tags: General Electric Co.
Research articles 2004-07-20
Citigroup to Reposition Japan Consumer Finance Business, Increase Reserves and Take Repositioning Charge
NEW YORK -- Citigroup announced today that it will reposition its consumer finance business in Japan, recognizing recent changes in the operating environment and the passage on December 13, 2006, of changes to consumer lending laws in Japan. In the fourth quarter of 2006, Citigroup will increase reserves by $375...
Tags: Citigroup Inc., finance
Research articles 2007-01-08
CenCor announces Century Acceptance Corp. agrees to sell consumer finance business to Fidelity Acceptance Corp
KANSAS CITY, Mo.--BUSINESS WIRE--May 22, 1995--CenCor Inc. announced Monday that Century Acceptance Corp., its sole operating subsidiary, has agreed to sell its consumer finance business to Fidelity Acceptance Corp., a subsidiary of the Bank of Boston Corp.Under the terms of the agreement, substantially all of Century's assets will be sold...
Tags: asset, Business Wire, liquidation
Research articles 1995-05-22
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