Latest Finance News

Kenya passes motion of no confidence against finance minister (AFP via Yahoo! News)
The Kenyan parliament on Wednesday passed a motion of no confidence against Finance Minister Amos Kimunya over accusations of corruption in the sale of a luxury hotel.

Cantronic Appoints Mr. Benoit Chotard as Senior Vice President, Finance & Business Development (Fox News)
Cantronic Appoints Mr. Benoit Chotard as Senior Vice President, Finance & Business Development

GMAC Commercial Finance Announces the Sale of its Poland Factoring Business to SEB (Fox News)
GMAC Commercial Finance Announces the Sale of its Poland Factoring Business to SEB

GMAC Commercial Finance sells Polish division (AP via Yahoo! Finance)
GMAC Commercial Finance, a unit of GMAC Financial Services, said Wednesday it will sell its commercial finance unit in Poland to Skandinaviska Enskilda Banken AB for undisclosed terms.

GMAC Commercial Finance Announces the Sale of its Poland Factoring Business to SEB (The Auto Channel)
NEW YORK, July 2 -- GMAC Commercial Finance (GMAC CF) announced today that it has agreed to sell 100 percent of its shares in GMAC CF Sp. z o.o (CF Poland) to North European financial group SEB (Skandinaviska Enskilda Banken AB). CF Poland is a factoring and promissory note discounting operation based in Warsaw, Poland.

Taylor Wimpey to Announce Finance Director Departure, FT Says (Bloomberg.com)
July 2 (Bloomberg) -- Taylor Wimpey Plc , a U.K. housebuilder, is set to announce today that its finance director Peter Johnson will leave, the Financial Times reported.

Kenya: MPs Vote No Confidence On Finance Minister (AllAfrica.com)
Kenya's parliament has today passed a vote of no confidence on Finance Minister Amos Kimunya over his handling of the sale of a luxury hotel in Nairobi.

Challenge Finance live with Surecomp allFAC (Finextra)
Surecomp, a leading provider of receivables management and trade finance solutions for the global financial services community, announced today that ...

GMAC Commercial Finance To Sell Polish Arm (Fox News)
GMAC Commercial Finance To Sell Polish Arm

DPS Superintendent To Commission New Finance Team (ClickOnDetroit)
On the first day of her second year of tenure, Detroit Superintendent Connie Calloway, announced she will commission a new finance team to help the district's chief financial officer better manage the budget.