The Bank of New York Mellon Corporation (NYSE: BK) today said it has reached an agreement to sell Mellon United National Bank of Miami to Banco Sabadell of Spain. The sale reflects The Bank of New York Mellon’s strategy of focusing on the expansion of its wealth management and private banking businesses in Florida.
The transaction, [...]

Berry Plastics made an on-location public announcement today that it will be implementing a $20 million capital improvement plan for its Franklin, KY manufacturing facility. The scope of the plan includes initiatives to improve the facility’s environmental footprint, to replace antiquated and energy consuming equipment with state of the art manufacturing equipment, to enhance production [...]

The NewsMarket (www.thenewsmarket.com), the innovative worldwide distributor of video marketing services, today announced the completion of the previously announced acquisition of Medialink Worldwide Incorporated, creating the global leader in the creation, execution and distribution of video-based marketing services. Investors in the privately held company include Softbank, Hearst Interactive Media, Battery Ventures, Apax Partners and High [...]

Western Asset Emerging Markets Income Fund Inc., which is traded on the New York Stock Exchange under the symbol “EMD,” announced today the results of the votes cast at the Fund’s annual meeting of shareholders held September 25, 2009.
Paolo M. Cucchi, Leslie H. Gelb, and Dr. Riordan Roett were elected as Class I Directors of [...]

London, UK – Sydbank one of Denmark’s leading full banking groups has entered into an agreement with Eurobase Banking Solutions for the provision of the Siena Rate Manager and Siena eTrader solutions in order to launch a new generation of FX eTrading services.
Preben Hansen, Project Manager at Sydbank said: “Having assessed the market we felt [...]

Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that it has signed a definitive agreement to sell its Loan Fulfillment Solutions (LFS) business to ISGN Solutions Inc., a subsidiary of ISGN Corporation based in Bensalem, Pa.
The transaction is subject to customary closing conditions and is expected to close [...]

Bank of America Merrill Lynch and Orc Software announced today that users of Orc ExNet broker connectivity network will now gain expanded access to Bank of America Merrill Lynch’s US options algorithm platform, providing order execution algorithms and market connectivity globally.
The order was booked in Q3, 2009, and the contract is based on Orc’s licensing [...]

José Maria Aznar, former Spanish Prime Minister, has visited London to present his solutions to the financial crisis to an audience of businessmen and policy-makers.
In the speech, hosted at the National Liberal Club in Westminster and sponsored by City foreign exchange firm Currencies Direct, the former leader of Spain’s Popular Party (Partido Popular) highlighted [...]

Alibaba.com (HKSE:1688.HK) (HK.1688) has entered into a share purchase agreement to acquire China Civilink (Cayman), which operates in China as HiChina Web Solutions, for a total consideration of RMB539.98 million (US$79.06 million) in cash upon completion of two phases. HiChina, www.net.cn, is a leading provider of Internet infrastructure services in China, including domain name services, [...]

SINA Corporation (Nasdaq GS: SINA), a leading online media company and mobile value-added service (MVAS) provider for China and for the global Chinese communities, today announced that it has entered into a definitive agreement for a private equity placement of its ordinary shares with New-Wave Investment Holding Company Limited (“New-Wave”), a British Virgin Islands company [...]