Global

Bibby Financial Services agrees €150 million funding agreement

Bibby Financial Services has announced the fund to support European SMEs. The three-year agreement with HSBC will be available to new and existing SME customers.

US Regulator fines Santander $10million to settle vendor’s overdraft practices

http://www.cityam.com/245522/santander-bank-fined-10m-us-settle-vendors-overdraft

Uncertainty for businesses and UK insolvency regime following Brexit

“Leaving the EU will have a major impact on the way corporate insolvency works in the UK.   “Domestic insolvency legislation itself is likely to be unaffected, the insolvency profession is involved in a lot of cross-border work in Europe. One key change is that it could become much harder to retrieve assets on behalf…

Duff & Phelps have acquired Corporate Finance Ireland (CFI)

Lowell GFKL Group to acquire IS Inkasso Service (Austria)

Arrow Global to acquire InVesting BV (InVesting)

Arrow Global to acquire InVesting BV (InVesting), a debt purchaser and collections firm based in Belgium and the Netherlands, for £78.5 million (€100million)

OUTSOURCING Inc. has acquired JBW Group Limited (JBW)

OUTSOURCING Inc. has acquired JBW Group Limited (JBW) and  Case Dynamics Limited in a deal that valued the businesses at over US $34.5 million

Lowell Group and GFKL (Germany) merge

Marston acquire Moreton Smith

Ascent acquires P&A Receivables (collections division)