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Ecobank acquires Trust Bank Ghana
Pan-African Ecobank Transnational has acquired 100% stake in The Trust Bank Ghana (TTB) following approval on 9 December 2011.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
Citigroup Q4 profit falls 11% to $1.17bn
Citigroup has reported a net income of $1.17bn, or $0.38 per diluted share, for the fourth quarter of 2011, compared to $1.31bn, or $0.43 per diluted share, for the same period in 2010.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Wells Fargo Q4 net income up 20%
Wells Fargo & Company has reported a net income of $3.89bn, or $0.73 diluted earnings per share, for the fourth quarter of 2011, compared to $3.23bn, or $0.61 diluted earnings per share, for the same perod in 2010.
Banking Services > Commercial Banking > News
Banking Services > Commercial Banking > News
SEC charges UBS Global Asset for improper pricing of securities
The Securities and Exchange Commission has charged UBS Global Asset management (UBSGAM) for improperly pricing securities in three of its mutual funds that resulted in misstatement to investors of the net asset values (NAVs) of the funds.
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News
AJB partners with PayPal for retail payment processing
US-based payment solutions provider AJB Software Design has teamed with PayPal for retail payment processing.
Banking Services > Payments > News
Banking Services > Payments > News
Northern Trust hires head of Nordic region
Northern Trust has hired Belinda Burgess as head of the Nordic region, replacing Madeleine Senior, who has been named as head of sales for the company's asset servicing business in Europe, Middle East and Africa (EMEA).
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
MoneyGram adds new vice president of global security, investigations
US-based global money transfer company MoneyGram International has appointed Peter Caddigan as vice president for global security and investigations.
Banking Services > Payments > News
Banking Services > Payments > News
Sumitomo Mitsui to acquire RBS aviation unit for $7.3bn
Japan-based Sumitomo Mitsui Financial Group has agreed to buy Royal Bank of Scotland Group's aviation unit for about $7.3bn.
Wealth & Assets Management > Private Equity > News
Wealth & Assets Management > Private Equity > News
ACI, USFSG to assist clients reduce interchange fees
ACI Worldwide has entered into an agreement with US Financial Services Group (USFSG) to provide consultancy services and assist ACI’s retail customers to manage and reduce interchange fees.
Banking Services > Payments > News
Banking Services > Payments > News
FFastFill expands colocation offerings
FFastFill has acquired access to the ASX Australian Liquidity Centre (ALC) new data and co-location centre in order to expand its colocation offerings and enable its customers to trade on the Australian Securities Exchange (ASX).
Intermediaries > ECN & Exchanges > News
Intermediaries > ECN & Exchanges > News
Ingenico introduces new PayPal payment solution
Ingenico in partnership with PayPal has launched a new payment solution, which enables the Ingenico POS devices users to accept PayPal payment options allowing millions of PayPal customers to use their accounts in retail stores.
Banking Services > Payments > News
Banking Services > Payments > News
Credit Agricole appoints head of financial operations
French banking group Credit Agricole has appointed Olivier Belorgey as head of financial operations.
Banking Services > Retail Banking > News
Banking Services > Retail Banking > News
Man Brothers Group selects Brady trade finance solution
Switzerland-based Man Brothers Group has selected Brady to handle their trade finance operations.
Technology > Banking Technology > News
Technology > Banking Technology > News
Cornerstone Advisors launches new wealth services for Tax-Exempt Organizations
Cornerstone Advisors has introduced a new expanded wealth management service called Results, Integrity, Simplicity and Empowerment (RISE) for use by the tax-exempt organisations.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > News
Deutsche Bank partners with Fortinbras to launch UCITS fund
Deutsche Bank has partnered with Fortinbras Asset Management to launch a Luxembourg domiciled UCITS compliant SICAV fund.
Wealth & Assets Management > Asset Management > News
Wealth & Assets Management > Asset Management > 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
