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Ameriana Bancorp elects not to take part in US Treasury's CPP

Ameriana Bancorp, the parent company of Ameriana Bank, has announced that it will not participate in the US Treasury Department's troubled asset relief program capital purchase program.
24 Feb 2009  
SAVINGS & INVESTMENTS NEWS & ANALYSIS
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TierOne reports loss in Q4
TierOne, the holding company for TierOne Bank, has reported a net loss of $3.8 million, or $0.22 per diluted share, for the fourth quarter ended December 31, 2008, compared to a net loss of $18.4 million, or $1.09 per diluted share, for the fourth quarter ended December 31, 2007.

24 Feb 2009

ING Bank issues E4 billion government guaranteed senior unsecured bond
ING Bank has placed a five-year E4 billion government guaranteed senior unsecured bond issue. The issue was done under the credit guarantee scheme of the government of Netherlands and is part of ING's medium-term funding operations.

24 Feb 2009

Successful Participation for ICS in MEFTEC 2009, Bahrain
International Computer Systems (London) Ltd. - ICS showcased its fully integrated banking solution software BANKS at the Middle East most exclusive financial technology event MEFTEC, that took place from 10- 11 February 2009, at the Kingdom of Bahrain- the Middle East's premier financial center, under the auspices of the Central Bank of Bahrain.

24 Feb 2009

Morgan Stanley appoints key executive for natural resources group
Morgan Stanley has appointed William Wicker as a vice chairman of investment banking for natural resources group, focused on the energy sector.

23 Feb 2009

Argonaut Capital unveils new European fund
European equities boutique, Argonaut Capital, has launched the new Argonaut European Absolute Return Fund.

23 Feb 2009

Berkshire Bank to offer new investment program
Berkshire Bank has announced that it will launch its Community Investment Program on March 16, 2009, reportedly expanding personal and business credit, supporting the growth of the housing market and providing assistance to non-profit organizations which are central to tourism and the cultural vitality of the communities in the company's western Massachusetts, northeastern New York and southern Vermont markets.

23 Feb 2009

LV= rolls out new ISA fund options
UK-based mutual insurance and investment group LV= has launched three new individual savings account options, reportedly offering savers an alternative home for their savings.

23 Feb 2009

Pension Protection Fund names new COO
The UK-based Pension Protection Fund has appointed David Heslop as its new COO and member of the board.

20 Feb 2009

Nationwide Building Society rolls out new range of bonds
UK-based Nationwide Building Society has introduced a new range of fixed rate bonds, e-bonds and fixed rate individual savings account bonds, which will reportedly offer a guaranteed rate of return for savers.

20 Feb 2009

Barclays Global Investors announces new appointment
Barclays Global Investors has appointed John Longley as the new head of national accounts for the US iShares exchange traded funds business.

20 Feb 2009

Putnam Investments appoints new managing director
US-based Putnam Investments has appointed David Glancy as its new managing director and portfolio manager.

20 Feb 2009

Citibank China establishes new consumer outlet in Hangzhou
Citibank China Company has announced the opening of its new consumer-banking outlet in the Huanglong International business district, a commercial location in Hangzhou.

20 Feb 2009

Scottrade to open Folsom branch office
Scottrade, a branch-supported online investment firm, has announced that it is opening its first Folsom, California branch office on February 23, 2009.

20 Feb 2009

Pacific Life adds two new variable investment options
US-based Pacific Life Insurance Company has added Mid-Cap Value Portfolio and the American Funds Asset Allocation Portfolio, two new investment options, to its offerings for variable universal life insurance policyowners.

19 Feb 2009

FINRA fines Robert W Baird for fee-based account and breakpoint violations
The Financial Industry Regulatory Authority, the regulator for all securities firms doing business in the US, has fined Robert W Baird & Company $500,000 for supervisory violations relating to its fee-based brokerage business.

19 Feb 2009

Citibank rolls out new income generating products
Citibank Bahrain, a member of Citigroup, has launched new income generating options, which are designed for investors seeking returns beyond what is currently available on fixed deposits.

19 Feb 2009

NS&I reduces interest rates on variable rate savings
UK-based savings bank National Savings and Investments has announced that it is reducing the interest rates on most of its variable rate savings offers by up to 0.75% pa, following movements in the Bank of England base rate.

19 Feb 2009

National Holdings Q1 net loss narrows
National Holdings, an investment banking company, has reported that its net loss attributable to common stockholders in the first quarter of fiscal 2009 was $1.23 million, or $0.07 per common share, compared to a net loss of $1.25 million, or $0.15 per common share, for the first quarter of fiscal 2008.

19 Feb 2009

KingsGate amends lawsuit against Industrial Alliance
KingsGate Wealth Management Services, the parent company of KingsGate Securities and KingsGate Insurance Group, has amended an ongoing lawsuit against Industrial Alliance Securities surrounding the termination of several critical contracts with the firm.

19 Feb 2009

SAVINGS & INVESTMENTS RESEARCH STORE
Product and pricing trends in UK deposits and ISAs
24 Feb 2009
Asset Management Competitor Tracker, Q4 2008
19 Feb 2009
Asset Management Competitor Tracker, Q4 2008
19 Feb 2009
Asset Management Competitor Tracker, Q4 2008
19 Feb 2009
Asset Management Competitor Tracker, Q4 2008
19 Feb 2009

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