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Banking / Financial Services

Releases published in the last 30 days.

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Hans van der Noordaa to leave ING to become CEO of Delta Lloyd
9/16/2014 10:57:57 AM
Hans van der Noordaa, member of the Management Board Banking will become the Chief Executive Officer of Delta Lloyd N.V. as of 1 January 2015. He will therefore step down from the Board per 1 October 2014. Hans van der Noordaa was appointed to the Executive Board of ING Group in April 2006 and in 2009 became a member of the Management Board Banking with responsibility for …
New Data Show Child Mortality Rates Falling Faster Than Ever
9/16/2014 10:42:45 AM
New data released today by the United Nations show that under-five mortality rates have dropped by 49 per cent between 1990 and 2013. The average annual reduction has accelerated – in some countries it has even tripled – but overall progress is still short of meeting the global target of a two-thirds decrease in under-five mortality by 2015. New estimates in Levels and Trends …
IFC Invests in Virgin Mobile to Expand Affordable Access to Broadband Mobile Services in Central and Eastern Europe
9/16/2014 8:53:12 AM
IFC, a member of the World Bank Group, together with the European Bank for Reconstruction and Development (EBRD), Delta Partners Emerging Markets TMT Growth Fund II, and CEE Mobile Capital LLC (spearheaded by Dick Kiphart of KGC Capital LLC), will provide €40 million of growth capital to Virgin Mobile Central and Eastern Europe (VMCEE) to boost access to affordable broadband …
Kerry Washington Joins The Allstate Foundation to Spotlight Finances As A
Kerry Washington Joins The Allstate Foundation to Spotlight Finances As A "Weapon of Choice" Used by Domestic Violence Abusers
9/16/2014 8:48:06 AM
Emmy- and Golden Globe-nominated actress and advocate Kerry Washington has joined with The Allstate Foundation to raise awareness about domestic violence and the critical role that financial abuse plays in domestic violence situations. Washington is serving as the national ambassador for Allstate Foundation Purple Purse, the signature initiative that gets Americans motivated …
Air Products Again Recognized for Sustainability Leadership by Dow Jones Sustainability Indexes
9/15/2014 3:02:03 PM
Air Products (NYSE: APD ) has again achieved a leadership position among the top 10 percent of companies in its industry as a component of the Dow Jones Sustainability World Index (DJSI) 2014/2015, a gold standard benchmark for corporate sustainability performance. Air Products also is a component of the Dow Jones Sustainability North America Index, which places it among …
Funds advised by Apax Partners agree to sell their majority stake in the TriZetto Corporation to Cognizant Technology Solutions
9/15/2014 1:17:04 PM
Funds advised by Apax Partners (“Apax”) today announced that they have agreed to sell their majority ownership stake in the TriZetto Corporation (“TriZetto”).  TriZetto, a provider of world-class healthcare information technology and service solutions, will be sold to Cognizant Technology Solutions Corp (“Cognizant”) for $2.7 billion in cash, subject to customary adjustments. …
World Bank Group Launches Design of Pilot Auction Facility for Methane and Climate Mitigation
9/15/2014 12:40:45 PM
Today, the World Bank Group together with several partners announced the design of the Pilot Auction Facility for Methane and Climate Change Mitigation (PAF), an innovative pay-for-performance instrument that will use auctions to maximize the use of limited public resources for climate change mitigation while leveraging private sector financing.   In its first phase, the …
American Express Partners with Birchbox, Bonobos and Rent the Runway to Launch Inaugural "Online’s Day Off"
9/15/2014 11:16:42 AM
American Express’ U.S. Small Merchant Group has partnered with Birchbox, Bonobos and Rent the Runway to present Online’s Day Off, a two-day event that kicks off with a thought-leadership panel on September 18, followed by a one-day shopping event on September 20. The events will showcase innovative ways e-commerce pioneers have parlayed their online success into the physical …
Canada: Privacy breaches can affect any business. Are you protected?
9/15/2014 11:11:39 AM
With recent headlines announcing privacy breaches at some of the world’s largest financial and consumer-facing companies, Aviva Canada, one of the country’s leading providers of home, auto, recreational vehicle, group and business insurance, is emphasizing the need for businesses of all scopes and sizes to ensure they are protected against the legal ramifications of a privacy …
Merrill Lynch Study Finds Health Is the Cornerstone of a Happy Retirement, and Greatest Financial Worry
9/12/2014 4:21:56 PM
New Merrill Lynch research, conducted in partnership with Age Wave, finds that 81 percent of retirees cite health as the most important ingredient to a happy retirement, followed by financial security (58 percent), loving family and friends (36 percent), and having purpose (20 percent). The research explores three major forces that are redefining how individuals plan for …
Santander and American Express Announce Partnership to Issue Credit Cards in Mexico
9/12/2014 12:26:16 PM
Santander and American Express today announced a partnership to launch the Santander American Express® Credit Card in Mexico. This card offers an innovative way for Card Members to quickly earn rewards on their daily purchases. The new Santander American Express Credit Card, issued by Santander, focuses on rewarding Card Members for their daily spending in department stores …
Canada’s economy set to improve on the back of increased external demand: RBC Economics
9/11/2014 1:27:03 PM
Stronger external demand and the benefits of a more competitive Canadian dollar lifted Canada’s exports in the second quarter of 2014, lifting overall economic growth from weather-related weakness early in the year. This trend is expected to continue to lift GDP growth, according to the latest Economic and Financial Market Outlook issued today by RBC Economics. RBC projects …
Telenor opens Serbia’s most available bank
9/10/2014 3:50:46 PM
Today’s opening of Telenor Group’s first wholly-owned financial institution Telenor banka in Serbia provides customers with innovative mobile banking services and represents a milestone in the company’s development of online financial services and mobile banking in Europe. The digitalization of cash payments and the convenience of online and mobile banking are expected to …
Intercontinental Exchange to Acquire Majority Stake in Holland Clearing House
9/10/2014 10:17:59 AM
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that it has agreed to make a strategic investment in the Holland Clearing House, a continental European clearing house, to support its comprehensive clearing strategy for financial products. ABN Amro Clearing will retain a minority interest in the …
Small Business Accountancy and Planning firm, Pryde Consulting, Adds PE Backed Vanguard Renewables LLC to Their List of Clients
9/10/2014 7:00:00 AM
Pryde Consulting is delighted to announce the addition of a new client for their full suite of CFO services. Wellesley, MA based Vanguard Renewables LLC (Vanguard) has enlisted Pryde Consulting to meet all their financial and accounting needs.  Vanguard was recently established by a strong and experienced team. Vanguard aims to achieve the highest level of resource and …
Modevity Announces ARALOC™ Support For New Apple Watch
Modevity Announces ARALOC™ Support For New Apple Watch
9/9/2014 5:25:11 PM
Modevity, LLC, a leader in mobile content protection and distribution solutions has announced that the ARALOC™ Platform will support the new Apple Watch. ARALOC™ is based on Modevity‘ s industry leading secure content distribution & DRM technology that is used global leaders in market segments including Publishing, Banking, Healthcare, Finance, Manufacturing and Life …
Borrowing Against Construction Equipment Provides A Working Capital Alternative
Borrowing Against Construction Equipment Provides A Working Capital Alternative
9/9/2014 4:49:03 PM
Small business owners have suffered a great deal in this economy. One industry that has been hit the hardest is construction. Money has always been tight, but since the collapse of the economy in 2008, construction companies have been unable to obtain working capital. Even as the economy starts to slowly recover, construction companies continue to have difficulty getting …
Swiss Economy 2015: Super-Cycle Coming to an End
9/9/2014 11:36:42 AM
Credit Suisse economists have cut their gross domestic product (GDP) growth forecasts for Switzerland to 1.4% for 2014 and 1.6% for 2015 (previously 2.0% and 1.8%). The "super-cycle" – consisting of low interest rates, a real estate price boom and high immigration rates – is coming to an end and the domestic economy is slowing down. The recovery in Switzerland’s export sector …
Imagine Software Sponsors the 2014 AsiaHedge China Forum in Shanghai
9/9/2014 11:18:34 AM
Imagine Software, a leading global provider of financial risk and portfolio management solutions, will showcase its real-time technology as a sponsor of the AsiaHedge China Forum in Shanghai on September 10, 2014. Focused on the development of China’s growing onshore hedge fund industry, the AsiaHedge China Forum brings together key regulators, managers and investors to …
World Bank Country Director Visits Mauritius to Discuss Development Challenges and Opportunities, and Reinforce Ties
9/9/2014 9:50:06 AM
The World Bank Country Director for Mauritius , Madagascar, Mozambique, Seychelles, and Comoros, Mr. Mark Lundell, will visit Mauritius from September 10-15; his first official visit to Mauritius in his capacity. This visit will serve to review the current stage of cooperation between Mauritius and the World Bank Group in view of its strengthening.      During his stay, Mr. …