Archive for January, 2010

Columbia State Bank Acquires Substantially All of the Deposits and Assets of American Marine Bank

Saturday, January 30th, 2010

Columbia Banking System, Inc. (Nasdaq: COLB) today announced its wholly owned subsidiary, Columbia State Bank, has acquired substantially all of the deposits and assets of American Marine Bank from the Federal Deposit Insurance Corporation (FDIC), which was appointed receiver of the institution. No holding company assets or liabilities were acquired by Columbia State Bank [...]

Museum of American Finance Launches Free Scavenger Hunt Program

Thursday, January 28th, 2010

On Saturday, February 6, the Museum will initiate a new weekly program for students and their families. On “Scavenger Hunt Saturdays,” students of all ages will be admitted to the Museum free of charge,* and will be encouraged to experience the Museum’s exhibits through two different scavenger hunts, which may be downloaded in advance from [...]

GoldenNetworking.com to Host World’s First Ever High-Frequency Trading Happy Hour in New York City

Thursday, January 28th, 2010

GoldenNetworking.com will host world’s first ever High-Frequency Trading Happy Hour (http://www.HFTHappyHour.com), March 1st, in New York City, in anticipation of Hedge Funds Leaders Forum 2010, “Generating Alpha in Challenging Times” (http://www.HedgeFundsLeadersForum.com), March 18th, New York City. This Business Reception will attract professionals of the High-Frequency Trading, Hedge Funds, Fund of Funds, Proprietary Trading, Quantitative and [...]

Deutsche Bank Bases New Core Banking System on SAP

Wednesday, January 27th, 2010

Deutsche Bank and SAP AG (NYSE: SAP) today announced that the bank plans to start a multi-year initiative in 2010 to replace individual software solutions in its home market by a new core banking system based on SAP® for Banking solutions. A letter of intent has already been signed by the bank and SAP Deutschland [...]

Carbon Credits International Inc. Announces Deregistration of Its Common Shares

Tuesday, January 26th, 2010

Carbon Credits International Inc.(OTCBB; CARN.OB) announced that it has filed a Certification and Notice of Termination of Registration on Form 15 with the Securities and Exchange Commission (SEC) to voluntarily deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934.
Upon the filing of the Form 15, the Company’s obligations [...]

60 Banks Partner With Intrasweep For Unique Deposit and Liquidity Solutions

Tuesday, January 26th, 2010

Intrasweep LLC announced that it has recently partnered with an additional 60 banks to help them strategically meet their deposit and liquidity needs. With hundreds of banks in its programs, Intrasweep offers banks various options to source deposits and manage balance sheet liquidity.
“2009 was truly an unprecedented year in banking,” said John Drahzal, Intrasweep’s President. [...]

Apple Reports 2010 First Quarter Results

Tuesday, January 26th, 2010

Apple® announced financial results for its fiscal 2010 first quarter ended December 26, 2009. The Company posted revenue of $15.68 billion and a net quarterly profit of $3.38 billion, or $3.67 per diluted share. These results compare to revenue of $11.88 billion and net quarterly profit of $2.26 billion, or $2.50 per diluted share, in [...]

HSBC Appoints Gemalto to Facilitate the EMV Migration of Its Credit Cards

Tuesday, January 26th, 2010

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has been appointed by the HSBC Group, one of the world’s largest banking and financial organizations, to supply a comprehensive end-to-end EMV migration service across its 19 markets in the Asia Pacific region. Gemalto’s services cover three main areas; provisioning of EMV credit cards, secure [...]

Three contract wins start year well for SitexOrbis

Monday, January 25th, 2010

24/7 vacant property protection specialist SitexOrbis (www.sitexorbis.co.uk) has started the year well with three major contract wins estimated to be worth more than £1.2 million from new and existing customers.
The midland’s largest regeneration group Midland Heart renewed for a four-year term through a framework contract that starts in mid-January and is estimated to be [...]

ExxonMobil Signs Agreement with Iraq

Monday, January 25th, 2010

Exxon Mobil Corporation (NYSE:XOM) today announced that its affiliate ExxonMobil Iraq Limited signed an agreement with the Iraq Ministry of Oil to redevelop and expand the West Qurna-1 field in southern Iraq.
The agreement was signed in Baghdad by representatives of the Ministry of Oil and the West Qurna-1 contractor consortium in the presence of the [...]




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