JPMorgan Chase and GE Commercial Finance Offer Global Accounts Receivable Purchasing Program (Business Wire via Yahoo! Finance)
Money market Financial institutions can use short-term savings to lend out in the form of short-term loans: Credit on open account Bank overdraft Short-term loans Bills of exchange Factoring of debtors
JPMorgan Chase and GE Commercial Finance Offer Global Accounts Receivable Purchasing Program (Business Wire via Yahoo! Finance)
NEW YORK----JPMorgan Chase and GE Commercial Finance today announced that they have formed an alliance to offer global accounts receivable purchasing solutions to JPMorgan Chase's trade finance customers based in United States, Canada, Mexico and Latin America.
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Cheyne, IKB SIVs Default on Commercial Paper as Assets Fall (Bloomberg.com)
Oct. 19 (Bloomberg) -- Cheyne Finance Plc and IKB Deutsche Industriebank AG's Rhinebridge Plc, two structured investment vehicles that bought securities backed by home loans, defaulted on more than $7 billion of debt as the value of their holdings fell.
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Time Runs out for RpK; New COTS Competition Starts Immediately (SPACE.com via Yahoo! News)
WASHINGTON – NASA said Oct. 18 it had pulled the plug on its agreement with Rocketplane Kistler (RpK) to help finance the company's effort to develop a commercial transportation service to and from the international space station.
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CODA Launches Expense Claim Management Software at Softworld Accounting & Finance (PRWeb)
CODA plc, the finance systems specialist, today announced the availability of a new software application, CODA 2control Expenses. Able to link with any finance or ERP system, it is designed to standardise and automate expense claim processes, saving time and money on processing, administration and audit. (PRWeb Oct 20, 2007) Post Comment:Trackback URL: ...
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CODA Launches Expense Claim Management Software at Softworld Accounting & Finance (PRWeb via Yahoo! News)
CODA plc, the finance systems specialist, today announced the availability of a new software application, CODA 2control Expenses. Able to link with any finance or ERP system, it is designed to standardise and automate expense claim processes, saving time and money on processing, administration and audit.
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Commercial paper, banks still faltering (Washington Post)
NEW YORK (Reuters) - Investor jitters about credit markets edged up a notch on Thursday after U.S. asset backed commercial paper issuance shrank for a 10th straight week in spite of a plan by key banks to shore it up.
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Paulson Says SIV Fund May Be Running by Year's End (Update2) (Bloomberg.com)
Oct. 20 (Bloomberg) -- U.S. Treasury Secretary Henry Paulson said a fund created by some of the biggest banks to help revive the asset-backed commercial paper market should be in place by the end of the year.
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Tesco 'brain drain' claims third senior scalp in a week (Independent)
Tesco has lost is third senior executive in the space of a week, announcing yesterday that its commercial finance director, Keith Down, was leaving the retail giant to become finance director at JD Wetherspoon, the pubs chain.
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Ex-Im Bank to Hold Training in Seattle Nov. 19, 2007, for Lenders Seeking to Enhance Trade Finance Services to ... (PR Newswire via Yahoo! Finance)
The Export Finance Assistance Center of Washington and the Trade Development Alliance of Greater Seattle in cooperation with the Export-Import Bank of the United States will sponsor a training seminar for lenders Monday, Nov. 19, in Seattle, Wash.
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Asset-Backed Commercial Paper Drops for 10th Week (Update3) (Bloomberg.com)
Oct. 18 (Bloomberg) -- U.S. asset-backed commercial paper shrank for the 10th straight week, extending the worst slump in seven years and underscoring the depth of Treasury Secretary Henry Paulson's challenge to revive the market.
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JPMorgan Chase and GE Commercial Finance Offer Global Accounts Receivable Purchasing Program (Business Wire via Yahoo! Finance)
Forms of credit Suppliers credit: Credit on ordinary open account Instalment sales Bills of exchange Credit cards Contractor's credit Factoring of debtors
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