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Prosper says online loans marketplace prospering
It appears that online person-to-person lending is growing in popularity, with Prosper, America's first people-to-people lending marketplace, revealing that it has reached the 100,000 members milestone.
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American Express and InterBanco form Paraguay card alliance
American Express and InterBanco have signed an agreement under which the bank will become the first to issue American Express-branded cards in Paraguay.
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Aviva's Australian funds business grows in strength
Aviva Australia's Navigator investment platform has revealed that two of its business lines have just achieved the A$1 billion milestone for funds held under administration.
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Bank of America and CCB launch free wire transfer service
Bank of America and China Construction Bank have announced a joint pilot program to offer free consumer account wire transfer service to and from China.
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BNP Paribas expands Chinese presence
Expanding its presence in China, BNP Paribas has opened a private bank in Shanghai and revealed plans to set up a team to develop its wealth management activities in the country.
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Citibank Germany to offer free credit card cash withdrawals
Banking behemoth Citigroup's Citibank division has announced that customers in Germany will soon be able to withdraw cash for free with their credit cards, albeit with higher annual fees.
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Citibank Philippines launches savings account with free insurance
Citibank Philippines has introduced Citibank Savings Guard, a new savings account that comes with free life insurance.
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Citigroup expands facilities in Northern Ireland
Citigroup Corporate and Investment Banking has officially opened its expanded technology center in Belfast, Northern Ireland, creating 185 jobs which, added to its original plans announced in 2004, will see the creation of 560 jobs in Belfast by 2009.
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Domestic business underpins impressive Aviva growth
The UK's largest insurer, Aviva, has reported a strong 16% increase in long-term savings new business profits, thanks to impressive sales across its business, but in particular to record sales in the UK.
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Fortis to acquire Polish consumer finance specialist
In what it describes as an important step in the international rollout of its consumer finance operations, Fortis has entered into an agreement to buy Polish retail bank Dominet.
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GFU buy to boost Citigroup's Latin American business
Citigroup has reached a definitive agreement to acquire Grupo Financiero Uno, the largest credit card issuer in Central America, and its affiliates.
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Halifax begins offering legal services
UK bank Halifax has launched a new service that will enable members to access everyday legal products such as wills and legal advice.
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SEB improves operating profit 28% in Q3
Swedish retail and private bank SEB has increased its operating profit in the thirds quarter to SEK3.9 billion, which represents an impressive 28% growth on the same quarter of 2005.
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Atos Origin wins SMS payments contract
Atos Origin has announced that its Atos Worldline subsidiary will be handling the introduction of movo, a French service developed by the Caisse d'Epargne for transferring money between individual consumers by SMS.
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Bank of America and Caremark introduce pharma rewards credit card
Bank of America has teamed up with pharmaceutical services company Caremark Rx to launch an innovative credit card program that offers cardholders incentives for managing their prescription drug costs.
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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
