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G.E. Plans $2 Billion in Cuts at Finance Arm Next Year
General Electric said on Tuesday it planned to cut costs by $2 billion next year at its finance arm, GE Capital, which has dragged lower the U.S. conglomerate’s results as a result of the global credit crunch.

New Zealand's Hanover Finance Proposes Five-Year Repayment Plan
Nov. 20 (Bloomberg) -- Hanover Finance Ltd., a New Zealand lender to property developers which froze payments to investors in July, is proposing a five-year recovery plan that will allow full repayment to depositors.

Senate Finance Committee Chairman Baucus and Senator Grassley Release Discussion Draft of New Medicare Legislation
(RTTNews) - Senate Finance Committee Chairman Max Baucus and Senator Chuck Grassley (R-IA) released a bipartisan discussion draft of legislation Wednesday that would establish a value-based purchasing program for inpatient hospital care in the Medicare program.

The Bank of New York Mellon Rolls Out Comprehensive Trade Finance Product Suite
Global Trade Finance Solutions from Treasury Services Group provides online platform for end-to-end supply chain process management.

The Bank of New York Mellon Launches Comprehensive Trade Finance Product Suite
Global Trade Finance SolutionsSM from Treasury Services Group provides on-line platform for end-to-end management of supply chain process.

Senate Finance Committee Chairman Baucus Argues Need For Health Care Reform
(RTTNews) - Senate Finance Committee Chairman Max Baucus gave remarks at a hearing, it was announced Wednesday, where he argued the need for health care reform.

RI Senate president names finance chairman
Rhode Island Senate President-elect has made her first major appointment. M. Teresa Paiva-Weed on Tuesday selected Sen. Daniel DaPonte to be the new Senate Finance Committee chairman.