| //30-08-2010 |
HSBC Holdings plc has entered into exclusive discussions with Old Mutual plc about the possible acquisition of a majority stake in Nedbank Group Limited, South Africa's fourth largest banking group by total assets.
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| //30-08-2010 |
PROFIT AFTER TAX BY DOMESTIC OPERATIONS INCREASED BY OVER 30%
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| //30-08-2010 |
ICBC reported its financial results for the first six months of 2010 with net income for the first half of the year at $232 million, down from $277 million for the same period in 2009.
"Our customers' smart driving has made a major contribution to our financial results and we have asked for permission to reduce basic insurance rates by 1.9%. This would be in addition to the 3.3% reduction in 2009 optional insurance rates our customers are currently benefiting from," said Jon Schubert, ICBC's President and CEO.
"This 1.9% reduction is a significant filing with BCUC - if approved, it will be the first time in more than a decade that we have been able to reduce our basic insurance rates."
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| //27-08-2010 |
-While world events have caused independent investment advisors to maintain a somewhat conservative outlook, there are still a few bright spots in their forecast, according to Charles Schwab’s latest survey of independent registered investment advisors. Nearly 60 percent of advisors surveyed say a double-dip recession in the U.S. is unlikely over the next six months, and more than 60 percent expect the S&P to increase during the same time period. Their optimism is tempered by the aftershocks of world events: more than 80 percent of advisors say their investment decisions have been impacted by the European debt crisis, half point to declines in the Chinese market, and 40 percent say the Gulf oil spill gave them cause for concern.
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| //27-08-2010 |
Wells Fargo & Company (NYSE: WFC) has expanded its ExpressSend remittance network in Mexico through an agreement with Houston-based Transnetwork Corporation, adding more than 4,000 payout locations in Mexico for a total of more than 9,000 locations.
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| //23-08-2010 |
HSBC Trinkaus und Burkhardt AG ('HSBC Trinkaus' or 'the bank') reported strong profit growth in the first half of 2010 despite the continuing challenging economic environment.
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| //23-08-2010 |
Saxo Bank, the trading and investment specialist, increased its net profit to DKK 551 million.
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| //21-08-2010 |
The Charles Schwab Corporation released its Monthly Market Activity Report today. Company highlights for the month of July 2010 include...
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| //20-08-2010 |
Charles Schwab Foundation will award $1,000 college scholarships to 20 students in recognition of their achievement on the 2010 National Financial Capability Challenge...
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| //20-08-2010 |
What your teen needs to know to drive smart...
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| //20-08-2010 |
Strong increase in profitability
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| //09-08-2010 |
ICBC and Canadian Blood Services are encouraging British Columbians to think twice about their actions this B.C. Day long weekend.
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| //09-08-2010 |
Strong increase in profitability
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| //09-08-2010 |
Credit Suisse Group reports 2Q10 net income of CHF 1.6 billion, return on equity of 17.8%, net new assets of CHF 14.5 billion, tier 1 ratio of 16.3%
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| //09-08-2010 |
Strong business momentum and consistent record of performance
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| //09-08-2010 |
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) reported results for the second quarter and first half of 2010. Net income for the quarter was EUR 1.2 billion versus EUR 1.1 billion in the second quarter 2009.
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| //28-06-2010 |
Deutsche Bank X-markets increased its share of the German retail structured products market during the first three months of 2010 according to a report by the German derivative association confirming its No.1 position in the industry.
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| //28-06-2010 |
Senior management joint committee to drive strategic business co-operation
Pilot programme in Hong Kong to provide world-class financial market products
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| //28-06-2010 |
Credit Suisse continues to attract assets throughout the Americas, more than doubling its inflows of net new money during the first quarter. Clients value our expertise, the head of Private Banking Americas said in an interview.
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| //28-06-2010 |
Credit Suisse announced today a significant expansion of its Global Foreign Exchange sales platform in Asia Pacific, with six new appointments in Japan, Singapore and Hong Kong. The announcement underscores the bank’s ongoing efforts to expand its flow business and enhance the depth of its Fixed Income product expertise and coverage.
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