1-15 of 19 results
KeyCorp Q4 profit declines
US-based financial services firm KeyCorp has reported a net income of $194m, or $0.20 per diluted share, for the fourth quarter of 2011, compared to $279m, or $0.32 per diluted share, for the same period in 2010.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Green Dot buys prepaid processing assets of eCommLink for $2.5m
Green Dot, a US-based prepaid financial services company, has acquired certain processing and hardware assets of eCommLink (ECL) for $2.5m in cash.
Banking Services > Cards > News
Banking Services > Cards > News
Citigroup to slash 100 jobs in India
US-based financial services firm Citigroup is planning to eliminate 100 jobs in India as part of its global restructuring exercise.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
SGSS names CEO of Italy
Societe Generale Securities Services (SGSS) has named Jeanne Duvoux as CEO and managing director of Italy.
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News
BNY Mellon hires head of EMEA client management
BNY Mellon has hired Ian Stewart as head of Europe, Middle East & Africa (EMEA) Client Management.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
Global Payout to offer payout alternative for Solid Trust Pay accountholders
Global Payout has won a contract from SolidTrust Pay to offer management consultant services in launching their prepaid debit card programme.
Banking Services > Cards > News
Banking Services > Cards > News
Bank of Hawaii Q4 net income down
Bank of Hawaii has reported a net income of $39.2m, or $0.85 diluted earnings per share, for the fourth quarter of 2011, compared to $40.6m, or $0.84 diluted earnings per share, for the same period in 2010.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
Diamondback Capital to settle insider trading charges by SEC
Diamondback Capital Management has agreed to settle Securities and Exchange Commission (SEC) insider-trading charges by paying more than $9m, subject to approval by the US District Court for the Southern District of New York.
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News
Morgan Stanley plans to sell UK wealth advisory firm Quilter
US-based financial services firm Morgan Stanley is planning to sell its UK wealth advisory firm Quilter Holdings to private equity firm Bridgepoint Capital.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
Fator Securities picks SunGard technology for trade automation
US broker-dealer Fator Securities has selected SunGard’s Valdi order management system (OMS) for trade management and SunGard Global Network (SGN) for global connectivity.
News
News
Fifth Third Bancorp Q4 net income up 13%
Fifth Third Bancorp has reported a net income of $305m, or $0.33 earnings per diluted share, for the fourth quarter of 2011, compared to $270m, or $0.33 earnings per diluted share, for the same period in 2010.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Provident Bank names New York commercial banking teams
Provident New York Bancorp subsidiary Provident Bank has launched four commercial banking teams in New York, US and revealed the leaders of those teams who will operate out of their midtown Manhattan office.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
Coast National Bank appoints CEO
Coast Bancorp has added Anita Robinson as CEO of both Coast Bancorp and its subsidiary, Coast National Bank.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
ELX Futures appoints new CEO
ELX Futures, an electronic futures exchange, has appointed Richard Jaycobs as its new CEO.
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News
Five Star Bank to acquire eight new branches in New York
Warsaw-based Five Star Bank has entered into definitive agreements to acquire four retail banking branches currently owned by HSBC Bank USA, and four retail banking branches currently owned by First Niagara Bank.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
BBR White Paper Recommendations
Revenue Leakage has been a universal phenomenon, gnawing up the profit margins of transaction-based industries, especially across their business support systems. Though the Banking industry people are particularly quick in acknowledging the glaring prevalence of revenue leakage, they are not able to pinpoint its source or quantity, or chart methodologies to ensure Revenue Assurance.... Banking Services > Commercial Banking > White Papers Customer Profitability Vs. Customer Satisfaction: Keep Guessing or Model your Pricing Strategies By Suntec
Most financial institutions do not have a clear understanding of what or who drives their profitability. They make assumptions or guesswork, and most of the time, try and fix their profitability metrics into the 80/20 rule or something similar — the majority of profits (80%) come from a minority (20%) of customers, products or business segments. Is profitability as simple as this? While there is no denying the 80/20 rule, how does an organization find this 20%? ... Banking Services > Commercial Banking > White Papers Banks - Reward Your Customers Incrementally, Based on Their Profitability By Suntec
Financial Institutions (FI) are on the verge of a strategic make-over. The market conditions imply an increased need to generate revenues and customer profitability, to ensure sustainability and future business success. In order to achieve these objectives, the FIs need to devise strategies that leverage customer relationships in a way that has never been done before. ... Banking Services > Commercial Banking > White Papers Achieving Measurable Gains by Automating Claims Processing By Kofax
Moving to a fully automated process is a goal for claims processing of nearly all insurance executives. Companies are at various levels of automation and often do not have an appropriate strategy to achieve higher levels of automation. This white paper identifies seven levels of claims automation and provides a roadmap that can be followed to enhance claims processing. This straightforward approach can be used to increase the likelihood of successful automation. Download this free white paper from Kofax to find out more.... White Papers Customer Centricity: The Key to Success in Retail Banking By Kofax
The economic slowdown has forced many banks to redirect their focus to retail banking and reinvent themselves as customer-centric organizations. But many institutions still use legacy infrastructures and processes that hinder necessary readjustments, in particular with regard to information exchange and customer communication. This white paper explains how these difficulties can be overcome, and how banks and financial institutions can reengineer core IT and business processes to support their business objectives. Download this free white paper from Kofax to find out more.... White Papers See more
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