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Fortress Q1 net loss narrows
Fortress Investment Group has reported a net loss of $24m, or $0.16 diluted loss per share, for the first quarter of 2012, compared to $255m, or $0.58 diluted loss per share, for the same period in 2011.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
Visa Q2 net income surges
Visa has reported a net income of $1.29bn for the fiscal second quarter ended 31 March 2012 , compared to $881m for the same period in 2011.
Banking Services > Cards > News
Banking Services > Cards > News
Northern Trust deploys Cadis data management solution
Northern Trust's fund servicing platform has deployed Cadis data management solution to support integration with the trading systems of its investment operations outsourcing clients.
Technology > Banking Technology > News
Technology > Banking Technology > News
Fiserv, Earthport team up for global ACH payments
Fiserv has joined hands with Earthport to offer a solution for international payments processed through the automated clearing house (ACH).
Banking Services > Payments > News
Banking Services > Payments > News
Legg Mason Q4 net income jumps by 170%
Baltimore-based money manager Legg Mason has reported that its net income was $76.1m, or $0.54 per diluted share for the fourth quarter ended on 31 March 2012, compared to $28.1m, or $0.20 per diluted share during the same period last year.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
Flagstar Q1 net loss decreases
Flagstar Bancorp, a savings and loan holding company, has registered $8.7m net loss applicable to common stockholders for the first quarter of 2012 versus net loss of $31.7m for the first quarter in 2011.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
Genworth Q1 net income plunges by 20%
Genworth Financial has reported that its net income for the first quarter declined by 20% to $47m, against a net income of $59m, or $0.12 per diluted share, during the same quarter previous fiscal.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
State Street introduces risk reporting service for hedge funds
State Street has rolled out a compliant reporting solution Open Protocol Enabling Risk Aggregation (OPERA), which eases the reporting process for hedge fund managers and institutional investors with hedge fund investments.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
Societe Generale Q1 net income down by 21%
Societe Generale has reported that its net income for the first quarter of 2012 declined by 21.4% to EUR732m compared to a net income of EUR916m during the corresponding quarter of 2011.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Annaly Capital Q1 GAAP net income rises by 14%
Annaly Capital Management has reported that its first quarter GAAP net income surged by 14.5% to $901.8m, or $0.92 per average common share against a GAAP net income of $699.9m or $0.92 per average common share during the first quarter of 2011.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
Farm Credit Q1 combined net income increases
The Farm Credit System has reported that its combined net income rose by $48m or 4.8% to $1.052bn for the first quarter of 2012, against combined net income of $1.004bn for the same period of the previous fiscal.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
Westpac reports first half yearly earnings
Australia based Westpac Group reported that its half yearly cash earnings stood at A$3.1bn ($3.2bn), up 1% from A$3.1bn ($3.2bn) during the same quarter a year ago.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Admirals Bank opens New Bespoke Banking Center
Admirals Bank has opened the Admirals Bank Bespoke Banking Center on Boylston Street in Boston's Copley Square in the US.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
UBS Q1 net profit surges by 159%
Switzerland based UBS has reported that its net profit attributable to UBS shareholders stood at CHF827m ($909.62m) in the first quarter of current fiscal against CHF319m ($350.86m) during the same period in 2011.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
MasterCard Q1 net income up by 21%
US card services provider MasterCard has reported that its net income for the first quarter of 2012 surged by 21% to $682m versus $$562m during the same period in 2011.
Banking Services > Cards > News
Banking Services > Cards > News
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Allianz SE - Financial and Strategic Analysis Review
Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Reports Buy online from $125
Allianz SE (Allianz) is one of the leading global financial services providers, offering a range of banking, asset management and insurance services. The company was formerly known as Allianz AG. Allianz is the parent company for the Allianz Group of companies. The company is one of leading insurance providers in the property and causality, and life insurance in the global market. Allianz is one of the major players in the German insurance market. The company, combined with its subsidiaries, serves over 75 million customers in more than 70 countries across Europe, Asia-Pacific, America and Africa. The company's banking operations are conducted through Dresdner Bank AG and its subsidiaries. Global Markets Direct’s Allianz SE - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Allianz SE. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis of the company. This highlights its strengths and weaknesses and the opportunities and threats it faces going forward. Reports Buy online from $125
