Archive for March, 2008

Mawarid Finance launches its finance services for small and medium enterprises

Sunday, March 30th, 2008

Mawarid Finance announced today the launch of its services for small and medium enterprises (SMEs) that include a list of different finance solutions for this vital sector in the UAE to meet its demands.
These services include goods finance, car finance, machinery finance, office purchasing finance, investments, Fixed Deposits, banking guarantees, labour guarantees and stock buying [...]

Manhattan Beach Trading, Inc. Announces the Addition of Skype for Support

Tuesday, March 25th, 2008

(El Segundo, CA) – Manhattan Beach Trading, Inc. (MBTI), a financial services holding company, announced Tuesday that it has incorporated Skype into its support tools for traders. The move lowers the bar for global customers to get support in all markets.
“We support customers in 40 countries trading 20 markets 24 hours a day, 6 days [...]

Purse Strings: Helping Women Take Control of Their Financial Lives

Monday, March 24th, 2008

ATLANTA – More than 100 handbags, wallets and accessories from well-known designers, local artists and boutiques will be up for bid at the inaugural “Purse Strings” charity benefit. The silent auction will be held from 6:00 to 8:30 p.m. on Wednesday, April 30, at the Biltmore Ballrooms in midtown Atlanta. It will benefit Consumer Credit [...]

Federal Reserve and other central banks announce specific measures designed to address liquidity pressures in funding markets

Saturday, March 22nd, 2008

Since the coordinated actions taken in December 2007, the G-10 central banks have continued to work together closely and to consult regularly on liquidity pressures in funding markets. Pressures in some of these markets have recently increased again. We all continue to work together and will take appropriate steps to address those liquidity pressures.
To [...]

Fairinvestment.co.uk Has Found More Than Half of Credit Card Customers Pay Zero Interest

Friday, March 21st, 2008

More than half of credit card customers pay off their credit card balance in full each month, thereby reaping the benefits of paying by credit card whilst avoiding paying any interest, according to new research from Fairinvestment.co.uk.
Savvy credit card customers who take what they can get from their flexible friend account for 60 per cent [...]

PerTOOLS Announce their new China Distributor

Thursday, March 20th, 2008

Today in London, PerTOOLS, the provider of Time Series Analysis and Data Extractor tools announced that they have appointed TurnTech as their Distributor in China. TurnTech are based in Beijing and will service the China market on behalf of PerTOOLS. This alliance is another step towards PerTOOLS’s plan to have a global network [...]

BEAR STEARNS AGREES TO SECURED LOAN FACILITY WITH JPMORGAN CHASE

Tuesday, March 18th, 2008

NEW YORK – New York – March 14, 2008 – The Bear Stearns Companies Inc. announced today it reached an agreement with JPMorgan Chase & Co. (JPMC) to provide a secured loan facility for an initial period of up to 28 days allowing Bear Stearns to access liquidity as needed. Bear Stearns also announced that [...]

TFS Energy Successfully Hosts Its Largest-Ever Weather Derivatives Dutch Auction

Monday, March 17th, 2008

NEW YORK – TFS Energy, LLC, a leading interdealer broker and a subsidiary of Compagnie Financiere Tradition, today announced its weather derivatives division completed a successful Dutch auction on behalf of UBS Investment Bank’s Hybrid Trading Desk soliciting CDD (Cold Degree Day) Swap Offers. The terms of the auction were for May 2008 through September [...]

David Zugheri Receives Certified Mortgage Technologist Designation

Sunday, March 16th, 2008

First Houston Mortgage, a mortgage banking firm licensed in 18 states that offers expertise in every aspect of the residential mortgage lending process, announced that co-founder David Zugheri received Certified Mortgage Technologist (CMT) designation from CampusMBA, the educational arm of the Mortgage Bankers Association (MBA).
The CMT is designed for information technology professionals, managers and executives [...]

OpenClose Reaches 55,000 Customers

Sunday, March 16th, 2008

OpenClose Solutions (West Palm Beach, Fla.), developers of Web-based, mortgage lending software, announced at MBA’s Annual Technology in Mortgage Banking Conference & Expo that it exceeded the 55,000 customer mark. This includes users of OpenClose, a single-source-code, end-to-end automated mortgage system, and Decision Assist, a loan pricing and automated underwriting system.
“Growing from 30,000 to more [...]




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