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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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Coinstar announces new coin deposit service, smaller kiosk
Self-service coin counting firm Coinstar has unveiled a new Coinstar Direct Coin Deposit service that will allow bank and credit union customers to electronically transfer coins into personal accounts.
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Co-op CEO to leave next October
Martin Beaumont has announced that he will be retiring as chief executive of the UK's Co-operative Group in October 2007, after five years in the role.
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Allianz Bank opens first branch in Hungary
Allianz Bank has opened a branch in Hungary, making its Allianz Hungaria subsidiary the first insurer and asset manager in the country to found a retail bank.
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Apacs praises card industry progress on transparency
A new report by UK payments association Apacs has revealed that the credit card industry has made progress on increasing transparency and data sharing to help support responsible lending.
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Britons rely on homes for retirement, report finds
Over 7.5 million Britons are relying on the equity tied-up in their homes to see them through retirement, according to a new report.
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IFAs coping with IHT changes well, Friends Provident says
New research from life and pensions provider Friends Provident reveals that IFAs are getting to grips with the inheritance tax changes affecting trusts and wills brought in at the last budget.
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Stroud & Swindon launches online mortgage finder
Stroud & Swindon Building Society has launched a new online mortgage finder that it claims will transform the way mortgages can be selected on the internet.
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Barclays warns customers about email scams
Barclays has issued a warning to the British public to be extra vigilant against a new wave of scam emails that commonly mention the bank's name.
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Citibank ponders NAB credit cards acquisition
Citibank Australia may make a takeover bid for the approximately A$4 billion credit cards business of National bank of Australia in an attempt to create the country's biggest credit card player, according to a report in The Australian.
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First Data begins processing cards for Cetelem Romania
Three months after signing the initial contract, First Data International has begun card processing services for BNP Paribas subsidiary Cetelem IFN Romania, a leader in the Romanian consumer credit market.
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Australian financial services providers agree merger deal
Financial services provider Suncorp has cemented an agreement to purchase all of the shares of insurer Promina in a deal worth A$7.9 billion.
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Australians are keen savers, survey shows
According to a new survey by the Commonwealth Bank, the majority of Australians are protecting themselves against the high costs of living and the turbulent economy by cutting back on luxuries and saving more of their income.
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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
