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20521-20535 of 21900 results
Aviva sells 50% stake in Lex Vehicle Leasing to HBOS
UK-based insurance group Aviva is to sell its 50% stake in Lex Vehicle Leasing (LVL) to HBOS, its existing 50:50 joint venture partner in the business, for GBP226.8 million.
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BNP Paribas clinches 97% of Banca Nazionale del Lavoro
According to a media release from the French bank, the result of the tender offer and taking into account those shares already held by BNP Paribas, and those bought in the market during the offer period, BNP Paribas' stake should now amount to 97% of Banca Nazionale del Lavoro's (BNL) common stock.
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Credit Agricole posts 53% rise in Q1 net income
French bank Credit Agricole has posted a 53% increase in net income to E1.38 billion for the first quarter, which surpassed the bank's own targets under its development plan.
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Deutsche Postbank's profits not sufficient to impress market
Despite increasing its first quarter pre-tax profits by a sizable 20%, shares in German lender Postbank have fallen by 4%, the Financial Times has reported.
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Greece to offer up to 35% of Postal Bank in IPO
The Greek government will sell off around 35% of the country's national Postal & Savings Bank in an initial public offering in May, news reports have suggested.
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HSBC Trinkaus & Burkhardt sees Q1 net earnings grow by nearly two thirds
The venerable Duesseldorf-based arm of HSBC saw profit after tax increased to E32.1 million in the first quarter of 2006, compared to E19.5 million in the first quarter of 2005, an increase of 64.6%.
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Macquarie Bank delivers record profit
Australian investment bank Macquarie has reported increasing its profit by 13% for fiscal 2006 to a record A$916 million.
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MasterCard launches contactless card collaboration in South Africa
International payments company MasterCard has teamed up with Johannesburg-based Standard Bank to launch the OneSmart MasterCard PayPass Contactless credit card in South Africa. The development represents the first introduction of the new payment technology on the African continent.
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Maybank nine month pre-tax profit up 4.7%
Maybank, part of the largest banking group in Malaysia, has posted a 4.7% rise in pre-tax profit to MYR2.81 billion for the nine months ending March 31.
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NatWest launches new mortgage deals
UK bank NatWest has launched two new mortgage deals aimed at first time buyers and the buy to let market, according to a report on financial news portal easier.com.
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RBS Group ends final salary pension scheme
UK banking and insurance group RBS - holding company for the Royal Bank of Scotland and NatWest retail banks among other operations - has joined the rash of British companies that are closing their final salary pension schemes.
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Tighter financing controls looming for China's banks
Chinese financial regulators are set to impose more stringent controls on the country's biggest state-controlled banks as part of reforms to modernize China's financial system.
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Commonwealth Bank and Gemplus begin contactless payment pilot
Payment card solutions provider Gemplus has joined forces with Commonwealth Bank in a project to set up Australia's first MasterCard PayPass pilot program.
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National Bank of Dubai launches new MasterCard product with CTL's Prime
National Bank of Dubai (NBD), a leading bank in the United Arab Emirates, has successfully launched a new innovative co-branded MasterCard credit card product using Card Tech's (CT) Prime solution.
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ABN Amro seeking to treble Asian business - report
Dutch bank ABN Amro is planning to treble its Asian revenues to nearly E5 billion by 2010 accounting for 15% of the group's profits, according to a report.
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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
