document.write(''); document.write(''); document.write(''); document.write(''); document.write(''); document.write(''); document.write(''); document.write(''); document.write(''); document.write(''); document.write('
'); document.write('
Bank of America, Aon Corp, Barclays // 07-02-2009
Barclays Capital, the investment banking division of Barclays Bank, said it named Jonathan Brown head of its emerging markets syndicate and head of its European credit syndicate in London. He will be based in London and report to Mark Bamford, head of the firm s global fixed income syndicate in New York.
HSBC sells its 49 per cent stake in HSBC Merchant Services to Global Payments for US$307.7 million // 07-02-2009
HSBC Bank plc has sold its 49 per cent holding in HSBC Merchant Services LLP (HMS), the card processing joint venture that serves its UK business clients, to its partner in the venture, Global Payments Inc., for a consideration of US$307.7 million in cash.\n\nThe HMS joint venture was created in June 2008 when HSBC sold a 51 per cent stake to Global Payments Inc., a leading processor of electronic transactions. HSBC and Global Payments also have sale-and-referral agreements in the US and Canada along with a joint venture in Asia covering 11 countries and territories.
SAXO BANK LAUNCHES FX SERVICE TO JAPANESE INVESTORS FOLLOWING ACQUISITION OF ASTMAX FX CO., LTD.<\/fon> // 07-02-2009
Saxo Bank A\/S, the online trading and investment specialist, announces that it has launched its FX service in Japan with the acquisition of Astmax FX Co., Ltd. (Astmax FX). The purchase is approved by relevant regulatory bodies in Denmark and Japan.\n\nSaxo Bank opened its Japan office in 2008 providing support to institutional clients. The acquisition and renaming of Astmax FX to Saxo Bank FX K.K. allows Saxo Bank to offer FX related products to the Japanese retail market under the Type 1 Financial Instrument Dealer license with the Japanese Financial Services Agency. Saxo Bank FX’s client funds will be held in a separate trust bank account.
Standard Chartered releases trading update // 07-02-2009
Standard Chartered PLC (along with its subsidiaries the \"Group\") will be holding discussions with analysts and investors ahead of its close period for the half year ending 30 June 2009. This statement details the information that will be covered in those discussions.\n\nPeter Sands, Group Chief Executive, commented, \"Standard Chartered has continued to deliver another strong performance in the first five months of the year, with record levels of income and profit. Although there are tentative signs of improving economic conditions in some of our markets, equally there are signs of continuing stress.
Barclays plc completes review of legal panel  // 07-02-2009
Barclays announced today that it has completed its biennial review of the legal firms used by the Group. The Barclays Legal Panel comprises a General Advisory panel and 10 specialist panels, which service the Group’s business and strategic legal needs. \n\nBarclays was among the very first companies to introduce law firm panels in the UK in 2000 and continues to believe that the panel system ensures mutually effective relationships with law firms.
');