FCIB Newsletter


In this months issue...

LaRocca Joins Short list of FCIB Service Award Winners

For the fourth time since its inception nearly two years ago, FCIB bestowed its Service Development and Growth Award, and the latest winner was John LaRocca, CICP, of Hitachi Data Systems Corp. LaRocca humorously quipped that FCIB "must have run out of people to give it to." Hardly.
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Payment in Middle East Still a Question Mark

It's good for international business sales and credit teams that there is a sky high level of opportunity to sell products and services in the Middle East which will be apparent in the coming years. However, it's not always so easy to get paid on deals that have been agreed upon.
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Tough Road in Europe Creating New Bankruptcy Boom

The ongoing debt crisis in Europe continues to spread to the point where even the powerful German manufacturing sector is starting to take a hit and France’s lofty credit status no longer resides in the “AAA” range. FCIB Global Conference Speaker Ludovic Subran, of Euler Hermes, noted the deepening crisis is likely to push corporate bankruptcies much higher in a number of economies there.
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Past Issues

2012

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