Wells Fargo Capital Finance Launches Channel Finance Division

| February 22, 2012 | 0 Comments

SANTA MONICA, Calif.–(BUSINESS WIRE)– Wells Fargo Capital Finance, part of Wells Fargo Company (NYSE: WFC – News), today launched its Channel Finance Division, which will provide innovative, worldwide channel financing solutions to resellers, distributors, and vendors in the technology industry. Through the channel financing programs, resellers, distributors and vendors in the technology industry will have […]

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Finance ministers look to sign off on Greek deal

| February 21, 2012 | 0 Comments

BRUSSELS — Eurozone finance ministers met on Monday, expressing optimism they would agree on a long-awaited debt restructuring and second bailout for Greece, but fundamental doubts remain about the economic and political viability of the plan pushed by Greece’s international creditors. The restructuring and €130-billion ($171-billion) aid package addresses the most pressing problem facing Greece […]

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Bailout uncertainty to end Monday: Greek finance minister

| February 20, 2012 | 0 Comments

In 2012, Yahoo! News will tell the nation’s story through the experiences and views of real Americans like you. Watch the first Remake America video »

Filed Under: Latest Finance News

Does Islamic finance have a place in Canada?

| February 19, 2012 | 0 Comments

Around $900 billion in assets across the globe are managed by Islamic banks that operate according to sharia, an interpretation of Islamic law. In recent years, so-called Islamic finance has been growing at a rate of 15-20 per cent a year, and proved remarkably resilient to the financial crisis. Proponents of the relatively new sector […]

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TCF Equipment Finance Selects Odessa Technologies to Automate End-of-Lease Processes

| February 18, 2012 | 0 Comments

MINNETONKA, Minn.–(BUSINESS WIRE)– TCF Equipment Finance, Inc. (“TCFEF”), an indirect subsidiary of TCF Financial Corporation (“TCF”) (NYSE: TCB – News), has selected Odessa Technologies, Inc. (“Odessa”) to develop a custom solution to automate end-of-lease administration and remarketing processes. “We are excited to work with Odessa in automating and enhancing our end-of-lease management activities including repossessions, […]

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NorthStar Realty Finance Announces Fourth Quarter and Full Year 2011 Results

| February 17, 2012 | 0 Comments

NEW YORK, Feb. 17, 2012 /PRNewswire/ – Fourth Quarter 2011 Highlights Increased fourth quarter 2011 dividend to $0.135 per common share. AFFO per diluted share of $0.44. $145 million of unrestricted cash. Closed two separate $100 million credit facilities for loan originations and AAA CMBS acquisitions. Raised $65 million of capital for our sponsored non-listed […]

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NorthStar Realty Finance Declares Fourth Quarter Common Stock Dividend

| February 16, 2012 | 0 Comments

U.S. Housing Starts Rise Modestly to Start New YearAP Construction of single-family homes cooled off slightly in January after surging in the final month last year. …

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Kenya finance minister says inflation easing, urges banks to cut rates

| February 15, 2012 | 0 Comments

NAIROBI (Reuters) – Kenya‘s acting finance minister said on Tuesday that inflation in east Africa’s biggest economy should continue to fall and urged banks to cut lending rates to help the middle class. Aggressive monetary tightening since October and slight declines in prices of food and fuel saw the inflation rate fall in January for […]

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Kenya finance minister says inflation easing, urges banks to cut rates

| February 15, 2012 | 0 Comments

NAIROBI (Reuters) – Kenya‘s acting finance minister said on Tuesday that inflation in east Africa’s biggest economy should continue to fall and urged banks to cut lending rates to help the middle class. Aggressive monetary tightening since October and slight declines in prices of food and fuel saw the inflation rate fall in January for […]

Filed Under: Latest Finance News

Greece Bailout Faces Finance Chiefs After Parliament Approval

| February 14, 2012 | 0 Comments

February 13, 2012, 5:21 AM EST By Patrick Donahue (Updates euro in sixth paragraph, adds Roesler in ninth, Chinese government in 12th. See EXT4 for more debt-crisis news.) Feb. 13 (Bloomberg) — European finance chiefs get the second chance in a week to pull Greece back from the brink of collapse after lawmakers in Athens […]

Filed Under: Latest Finance News
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