11.   Whirlpool had announced in July that it was considering its options for its finance arm.

12.   PhileoAllied Bank takes over assets, liabilities of finance arm,

13.   All the business and liabilities of these institutions will be transferred accordingly to their parent institutions, which have guaranteed that customer deposits with their finance arms are secure.

14.   On another note, an analyst says most of the subsidiaries of bankinggroups, especially their finance arms, have recorded declines in profitfor the last six months.

15.   Shares of Bolton and Hong Leong were requoted yesterday after their announcement last Friday that their finance arms were merging.

16.   SOUTHERN Bank Bhd and its finance arm Southern Finance Co Bhd will amalgamate their businesses, a move achieved by transferring the SFCB licensed finance business to the SBB.

17.   With HSBC having announced its decision to close down its finance arm, there will be three foreign-owned finance firms left.

18.   Dutch banking rivals ABN Amro and ING Bank on Thursday emerged as the leading contenders to buy the corporate finance arm of collapsed investment bank Barings, reports indicated.

19.   Fort said he plans to go ahead with the spinoff of the finance arm of the company, CIT.

20.   The rise came amid reports that the US Securities and Exchange Commission had accepted a planned initial public offering of its CIT finance arm.