| //12-05-2008 |
CHARLOTTE, NC¡ªWachovia Corp. President and CEO Ken Thompson announced today that the roles of Chairman and CEO have been separated and that Lanty Smith will serve as non-executive Chairman of the Board of Directors. Thompson continues to serve as President and CEO and as a director.
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| //12-05-2008 |
2 May 2008, London - Standard Chartered Bank announced today it has agreed to acquire from International Finance Corporation, a further 6.16 per cent of the ordinary shares in Vietnam's Asia Commercial Bank (ACB) and a further 7.10 per cent of the convertible bonds of ACB.
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| //09-05-2008 |
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| //08-05-2008 |
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| //08-05-2008 |
Firm's Investment will Support Treasury Management
and Liquidity Services Around the World
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| //08-05-2008 |
Saxo Bank outperforms the FX industry
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| //07-05-2008 |
It is reported that Millward Brown Optimor, an internationally authoritative market research organization, recently unveiled the list of Top 100 Globally Most Valuable Brands for 2008. Owing to the outstanding market performance, ICBC raised its brand value by 70% year-on-year to USD 28.004 billion; the bank ranked 18th among the listed brands, up from the 15th place last year, and is included among ten progressive enterprises.
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| //06-05-2008 |
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| //05-05-2008 |
Sydney, 5 May 2008: In a strategic move, Danish investment bank Saxo Bank A/S (“Saxo”), a global leader in on-line trading, has entered a Memorandum of Understanding with Tricom Holdings Limited (“Tricom”), Babcock & Brown and ANZ Group with a view to acquiring a 35 percent holding in the Sydney based broking house.
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| //05-05-2008 |
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| //02-05-2008 |
Saxoeducation.com to offer online tutorials on retail FX and Equity trading
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| //01-05-2008 |
Citibank is the April 2008 voting prizewinner! Starting a monthly rating from zero allows to identify a monthly winner and thus more objectively display the voters' oppinion. We rate banks by the actual number of votes.
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| //30-04-2008 |
HSBC and Lone Star have agreed to extend, until 31 July 2008, the deadline for completion of HSBC's proposed acquisition of 51.02 per cent of Korea Exchange Bank ('KEB'), the sixth largest bank in Korea, subject to regulatory approval.
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| //29-04-2008 |
Beijing, 29 April 2008 - Industrial and Commercial Bank of China Limited (“ICBC” or the “Bank”, SSE: 601398; SEHK: 1398) today announced the financial results for the first quarter of financial year 2008. Based on International Financial Reporting Standards, ICBC’s profit after tax for the first quarter of 2008 was RMB 33.282 billion, up76.10% from the same period last year. (Based on PRC GAAP, ICBC’s profit after tax for the quarter was RMB 33.282 billion, up 76.17% from the same period last year). Earnings per share were RMB 0.10.
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| //28-04-2008 |
A report released today has revealed an urgent need for UK charities to address pension scheme issues in order to meet the challenges created by a less stable economic environment and continuing regulatory change.
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| //24-04-2008 |
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| //24-04-2008 |
At the Annual General Meeting on 23 April 2008, the shareholders of UBS AG approved the capital increase of CHF 15 billion proposed by the Board of Directors. Peter Kurer and David Sidwell were elected to the Board of Directors while board members Peter Voser and Lawrence A. Weinbach were re-elected to the Board. Effective immediately, Peter Kurer is full-time Chairman of the Board of Directors, as was planned in the event of his election. In addition, shareholders reduced the term of office of the members of the Board of Directors from three years to one year. 4,211 shareholders attended the Annual General Meeting, representing 680,142,555 votes
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| //21-04-2008 |
In the current globalized economy, Mizuho Bank, Ltd. has entered into a Collaboration Agreement with major US bank Wachovia Bank, N.A. in order to meet the diversifying needs of both personal and small- and medium-sized business customers.
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| //21-04-2008 |
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| //18-04-2008 |
CHARLOTTE, N.C. ¨C Wachovia Corporation (NYSE: WB) announced today that the underwriters of its concurrent offerings of 145,833,334 shares of common stock and 3,500,000 shares of Non-Cumulative Perpetual Convertible Class A preferred stock, Series L, have exercised in full their over-allotment options to purchase an additional 21,875,000 shares of common stock and an additional 525,000 shares of convertible preferred stock.
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