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JPMorgan Asset Management introduces new flexible bond
JPMorgan Asset Management has launched its JPM flexible bond fund, which the company claims offers an innovative development in bond fund management.
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Lloyds TSB introduces text service for mortgage applicants
UK high street bank Lloyds TSB has launched a text messaging service for new mortgage customers that will inform homeowners when their application has reached key milestones.
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Verifone to provide Chinese bank with electronic payment systems
China Postal Savings Bank has selected Verifone to provide electronic payment systems for the bank, significantly strengthening Verifone's presence in the Chinese market.
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EDS moves deeper into Brazilian card market
EDS has expanded its presence in the Brazilian credit card processing market with a new mid-range platform for card issuing and has signed on its first client, Brazilian bank BV Financeira.
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Capital One launches new platinum credit card
Capital One, the UK credit card arm of Capital One Financial Corporation, has launched a credit card offering 0% on both balance transfers and purchases until May 1, 2008. After this date, cardholders will revert to a competitive 9.9% APR typical variable.
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Credit Suisse establishes office in Kazakhstan
Zurich-based financial services company Credit Suisse has opened an office in Almaty, Kazakhstan, as part of its growth strategy.
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ICBC seeks to expand to the US and Russia
Chinese financial services provider Industrial and Commercial Bank of China is seeking to extend its footprint internationally and has applied for insurance and banking operating licenses in the US and Russia, media reports have revealed.
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NatWest introduces its first direct-only mortgage offering
UK banking group NatWest has launched its first direct-only mortgage, which offers a two-year fixed rate at 5.79%.
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Citibank Taiwan selects Gemalto for EMV migration
Financial services provider Citibank Taiwan has selected Gemalto, a global provider of digital security, to be its exclusive EMV migration launch partner.
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Find.co.uk launches banking services website for Polish migrants
Recognizing the rapidly growing Polish community in the UK, personal finance website Find.co.uk has launched a webpage in Polish that highlights the various banking services available to these consumers.
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Handelsbanken offers Swedes personalized credit cards
Handelsbanken has become the first bank in Sweden to offer its customers a personalization service for their credit cards, allowing cardholders to select an image of their choice for their Allkort MasterCard and Allkort Visa cards.
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JPMorgan Chase to supply TWC with unemployment debit card
JPMorgan Chase has been selected by the Texas Workforce Commission to provide debit cards for unemployment insurance benefits, which will replace traditional paper checks.
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KBC completes takeover of A Banka
Financial services provider KBC has announced that it has closed the public takeover bid it launched on May 19, 2007 and has now acquired 100% of the shares of Serbia's A Banka.
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MUFJ to face disciplinary action
Tokyo-based Mitsubishi UFJ faces disciplinary action after the Japanese Financial Services Agency issued administrative orders against the company in relation to its overseas business and investment trust sales.
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A&L offers Premier 21 account holders mobile banking service
UK banking group Alliance & Leicester is offering GBP10 as an incentive to its Premier 21 current account holders for signing up to its mobile banking service. This initiative follows the bank's research, which discovered that those aged between 16 and 21 were most likely to welcome this new technology to help keep their finances in order.
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