Financial News

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Commercial real estate slump - Concord Monitor

Mon, 04/11/2011 - 04:14

Commercial real estate slump
Concord Monitor
To get back on a stable footing it'll take growth in the overall economy, with capital and financing more available to investors. That's according to Bill Norton, the president of Manchester-based Norton Asset Management, which does consulting and ...

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Gridlock Good for Treasuries With Gap to Bunds Narrowing - BusinessWeek

Mon, 04/11/2011 - 03:42

Gridlock Good for Treasuries With Gap to Bunds Narrowing
BusinessWeek
A shrinking bond market may help contain borrowing costs, allowing Treasury Secretary Timothy F. Geithner to continue financing the deficit at some of the lowest interest rates on record. “Despite the political back-and-forth, any headwinds on spending ...

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BoCom Expands Wholesale Business in US - CRIENGLISH.com

Mon, 04/11/2011 - 01:46

BoCom Expands Wholesale Business in US
CRIENGLISH.com
The Bank of Communications now says it will broaden its wholesale services in the United States to include deposit-taking, lending and trade financing. The Federal Reserve Board has now approved the bank's application to establish a branch in San ...

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Newcourt lessons learned, a wiser Hudson back in the leasing game - Globe and Mail

Mon, 04/11/2011 - 01:02

Globe and Mail

Newcourt lessons learned, a wiser Hudson back in the leasing game
Globe and Mail
“This is going to be the start of a big new business in Canada.” But big has a different meaning now. Element will be originating $300-million to $400-million a year in financing business in the next couple of years, he says. Newcourt used to reel off ...

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Germany Warns on Greek Debt, Defying Efforts to Snuff Out Crisis - BusinessWeek

Sun, 04/10/2011 - 23:50

Germany Warns on Greek Debt, Defying Efforts to Snuff Out Crisis
BusinessWeek
EU forecasts show debt peaking at 159.4 percent of gross domestic product in 2012, the year Greece is supposed to return to the markets for financing. Greece might need more time to pay back debts to bondholders, in a “rescheduling” that would not be ...

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Gridlock Good for US Treasuries With Gap to Bunds Narrowing - BusinessWeek

Sun, 04/10/2011 - 23:14

Gridlock Good for US Treasuries With Gap to Bunds Narrowing
BusinessWeek
A shrinking bond market may help contain borrowing costs, allowing Treasury Secretary Timothy F. Geithner to continue financing the deficit at some of the lowest interest rates on record. “Despite the political back-and-forth, any headwinds on spending ...

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Checklist you can bank on - The National

Sun, 04/10/2011 - 20:03

The National

Checklist you can bank on
The National
One place to start is Global Finance's ranking of The World's 50 Safest Banks - NBAD has made the cut for the past two years. 2. Does the bank have a business division focused on lending to SMEs? What percentage of the bank's business is geared to this ...

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Grubb's Fate Turns on End of Waiting Game - Orange County Business Journal

Sun, 04/10/2011 - 19:39

Grubb's Fate Turns on End of Waiting Game
Orange County Business Journal
“Our business is a tough, low-margin business,” Pupil said. “The middle market is tough.” Grubb executives couldn't be reached for comment last week. At the time of the initial Colony financing on March 30, Grubb Chief Executive Thomas D'Arcy noted ...
Grubb out of compliance with New York Stock Exchange standardsThe Real Deal New York (blog)

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AMPYME launches Microcredit and Small Business Loans - The Bulletin Panama (blog)

Sun, 04/10/2011 - 14:24

AMPYME launches Microcredit and Small Business Loans
The Bulletin Panama (blog)
... the Business Outreach Center, Banco Santander Panama, Latin American Confederation of Savings and Credit Cooperatives (COLAC), Professional Services Cooperative Multiple RL, Credicorp Bank SA, Lafise Trust, Global Funds Financial Corporation, ...

Dubai developer unveils financial plans targeted at SMEs - ArabianBusiness.com

Sun, 04/10/2011 - 13:54

ArabianBusiness.com

Dubai developer unveils financial plans targeted at SMEs
ArabianBusiness.com
We're taking care of their financing needs and with lending being tight, they have the option of lending [from us], he told Arabian Business. “We're an SME and property development is our core business. We have a long term vision for Dubai and believe ...

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Unitech to invest Rs 2000 cr in affordable housing projects - Business Standard (blog)

Sun, 04/10/2011 - 11:20

Unitech to invest Rs 2000 cr in affordable housing projects
Business Standard (blog)
Another 22 per cent said they would merge their business with others, and 7 per cent said they were looking at a trade sale. The survey said mid-sized business owners in India generally relied on loans of less than five years' maturity as their ...

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Hong Kong to hold world's first yuan IPO outside China with shares in real ... - Washington Post

Sun, 04/10/2011 - 11:07

Hong Kong to hold world's first yuan IPO outside China with shares in real ...
Washington Post
Hong Kong banks started handling yuan in 2004 and now offer services ranging from deposits to credit cards to trade financing that allows foreign companies to pay Chinese business partners in yuan. Beijing began allowing foreign companies to issue yuan ...

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Financial classes provide benefits - Statesman Journal

Sun, 04/10/2011 - 10:30

Financial classes provide benefits
Statesman Journal
It can take time for a new business to develop a cash flow, so making sure your personal finances are in order before launching your new business, is essential." Bankers want to see that your personal financial situation is strong to determine the ...

Transparency a challenge as Iowa aims for innovation - DesMoinesRegister.com

Sun, 04/10/2011 - 09:07

Transparency a challenge as Iowa aims for innovation
DesMoinesRegister.com
Working with the state, businesses can access lower-cost financing through the industrial bonds. The money passes through the state, but the business repays the debt. The fees created an average of $153000 annually over the past three fiscal years, ...
Iowa legislation week 12Iowa State Daily

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Students lobby in Washington for micro-loan program funding - Hartford Business

Sun, 04/10/2011 - 07:14

Students lobby in Washington for micro-loan program funding
Hartford Business
The professor said the CTCIC and other micro-financing groups involved in the SBA program need to become better organized politically to stave off more funding cuts to the micro-loan program. “They need to partner with other micro-financing ...

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Franchisor sees fertile ground, seeks to expand its turf in CT - Hartford Business

Sun, 04/10/2011 - 07:14

Franchisor sees fertile ground, seeks to expand its turf in CT
Hartford Business
To attract investors, Lawn Doctor made its franchise system more affordable by offering incentives and in-house financing. Minority and veteran business owners receive half off the $25000 franchise fee and qualified start-ups are eligible to borrow 50 ...

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Business calendar - Pensacola News Journal

Sun, 04/10/2011 - 06:07

Business calendar
Pensacola News Journal
"Starting a Business": 9 am to noon April 19, Small Business Development Center at the University of West Florida, 401 E. Chase St., Suite 100. Learn about taxation, financing, insurance and legal forms of business. Attendance fee is $35 for the public ...

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Shriram Transport Fin eyes Rs 21K-cr disbursals, 20% growth - Economic Times

Sun, 04/10/2011 - 05:16

Shriram Transport Fin eyes Rs 21K-cr disbursals, 20% growth
Economic Times
The company also hopes to become a market leader in the equipment finance business in the next two-three years as a strong growth in infrastructure activity is expected to boost demand in the segment. "Our equipment finance business is doing well and ...

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Shriram Transport Finance eyes Rs 21K-cr disbursals, 20% growth - Economic Times

Sun, 04/10/2011 - 04:43

Shriram Transport Finance eyes Rs 21K-cr disbursals, 20% growth
Economic Times
The company also hopes to become a market leader in the equipment finance business in the next two-three years as a strong growth in infrastructure activity is expected to boost demand in the segment. "Our equipment finance business is doing well and ...

Chase hopes to reinstate debit-card rewards plan - Arizona Republic

Sun, 04/10/2011 - 00:34

Chase hopes to reinstate debit-card rewards plan
Arizona Republic
People using debit cards usually receive small rebates each time they swipe their cards, with banks financing these benefits by charging fees to merchants. Yet the Durbin Amendment to last year's financial-reform bill could change the equation, ...

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