The Royal Bank of Scotland provided UK-based breakfast cereal manufacturer Bokomo Foods with an asset-based lending facility to support its acquisition of Streamfoods.
Haydock Finance increased its funding facilities with the Royal Bank of Scotland and the bank’s asset finance partner Lombard to £37.5 million ($49.5 million).
MS Distribution secured a £2.75 million ($3.62 million) asset-based lending funding facility from Royal Bank of Scotland’s Asset-Based Lending team.
Seven of the world’s biggest banks have agreed to pay $324 million to settle claims they conspired to rig an interest rate benchmark used in the derivatives market. ABF Journal illustrator Jerry Gonzalez envisions the judgement day.
The Wall Street Journal reported that 20 of the world’s biggest banks have lost 25% of their aggregate market value — approximately $465 billion — according to data from FactSet.
Bloomberg reported seven banks have agreed to pay $324 million to settle claims they conspired to rig an interest rate benchmark used in the derivatives market.
Amicus Commercial Finance secured an asset based lending facility from Royal Bank of Scotland’s Asset Based Lending team to support the new start up’s entry into the SME finance market.
AnaCap Financial completed the acquisition of two ABS portfolios of Italian non-performing loans with a face value of more than $2.2 billion. The portfolios were majority owned by GE Capital RE and Royal Bank of Scotland.