Commercial Finance News

Two Cheers for China’s Rebalancing

Financial Times

China’s economy is changing. Indeed, it has to change.. The good news is the scale of the external rebalancing. The bad news is that this is at the cost of larger internal imbalances.

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A Profession that Needs Restructuring Itself?

Business Money

Tony Groom, of K2 Business Rescue, highlights the challenges facing insolvency and restructuring practitioners.

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Trade Finance Services Adapt to Survive

Global Trade Review

Trade finance services make up a vital part of the correspondent banking offering for financial institutions, but to maintain a stake in this market banks need to continue to adapt. Ben Poole reports.

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Are Factors Better Than Banks at Providing Supply Chain Finance?

BCR Factorscan

Supply Chain Finance continues to gain ground amongst the receivables finance community.

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People Moves

• Ally Commercial Finance, LLC

  Jaron L. Stern has joined the company as a Director.

• Bibby Financial Services

  David Postings has been announced as the new CEO.

• Capital Business Credit, LLC

  Steven Fields has joined in the Midwest.

• Crystal Financial, LLC

  Evren Ozargun and Rebecca Tarby have been named Managing Directors.

• First Capital

  Richard J. Lehrter has been hired to the Business Development team in the Midwest region.

• Great Lakes Business Credit

  MJ Hilker has joined as the new Regional Marketing Director for the Ohio region.

• TD Bank

  Greg Braca has been named as head of U.S. Corporate and Specialty Banking.

• Tiger Group

  Jason Rae has joined as Director of Business Development for the Northeast.

Upcoming Industry Events

• NYIC’s 93rd Annual Banquet

  June 5, 2012 • New York, NY

• 6th Annual Leadership Summit for Board of Directors and Network Chairs

  August 1-3, 2012 • Atlanta, GA

• Lenders Finance Conference

  May 21-22, 2012 • Dallas, TX