Latest Press Release on banking

Detour Gold Appoints Barclays Capital as Project Debt Advisor and Lead Arranger for Detour Lake
TORONTO, ONTARIO -- 11/17/09 -- Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") is pleased to announce the appointment of Barclays Capital, the investment banking division of Barclays Bank PLC ("Barclays Capital"), as Lead Arran..

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Nomis Insights(TM) - Adding Science to the Art of Pricing
SAN BRUNO, Calif., Nov. 19 /PRNewswire/ -- Nomis Solutions today announced the release of www.nomisinsights.com - the first pricing portal for retail banking. The pricing portal is initially focused on money market product pricing in th...

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Nomis Insights™ - Adding Science to the Art of Pricing
Nomis Solutions launches money markets pricing portal to help retail banking professionals make better pricing decisions./I/P PSan Bruno, CA (PRWEB) November 18, 2009 -- Nomis Solutions today announced the release of a href= http://www.nomisinsights.com onclick= linkClick( this.href )...

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Santander Launches No Fee Current Account
LEICESTER, UNITED KINGDOM -- 11/19/09 -- Santander today outlined the first of a series of initiatives aimed at radically changing retail banking in the UK, giving existing customers the chance to benefit from its success in becoming the most effic..

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Wells Fargo Supports Clean Technologies with New Commercial Banking Group
SAN FRANCISCO - Building on its commitment to a better environment and supporting a greener economy, Wells Fargo & Company (NYSE: WFC) today announced a new Commercial Banking group dedicated to supporting clean technology companies. Based in Palo Alto, Wells Fargo’s National Clean

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Latin America Poised to Recover From Crisis Faster Than U.S.
MIAMI, Nov. 17 /PRNewswire/ -- Latin America has the tools to recover quickly from the current financial crisis due to its stable and well-capitalized banking sector, while it will take the United States more time mainly because of high unemployment and low levels of consumer confidence...

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Harley-Davidson, Inc. Selects Investment Banking Firm to Assist in Sale of MV Agusta
MILWAUKEE, Nov. 19 -- Harley-Davidson, Inc. (NYSE: HOG) has selected the investment banking firm, BNP Paribas in Milan, to assist Harley-Davidson in the sale of MV Agusta. Harley-Davidson is currently identifying potential buyers for the Italian-based m...

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FELABAN Optimistic About Latin American Recovery
MIAMI, Nov. 17 /PRNewswire/ -- Latin America has all it needs to overcome the crisis, and the banking industry aims to play a key role in this recovery, said Ricardo Marino, president for the Federation of Latin American Banks (FELABAN), during the organization's 43rd annual assembly, w...

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Cleantech Connect 2009 Awards
Inaugural event a success and winners announced.The first Cleantech Connect 2009 awards were held in London's St James' last night.Organised by GP Bullhound with Schroders Private Banking as a premium sponsor.The 150 strong crowd represented the cream of bo...

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PA Banking Department Warns Consumers About Apparent Internet Loan Scam
HARRISBURG, Pa., Nov. 18 /PRNewswire-USNewswire/ -- The Department of Banking is warning consumers about an apparent Internet loan scam by Cedarwood Equity Group. The company solicits personal and home loans. They ask for personal financial information, including Social Secur...

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Xcellink Sets Target Definition Study to US Military Specifications for Optimal Mobile Banking Security
LAS VEGAS, NV -- 11/19/09 -- Xcellink International Inc. (OTCBB: XCEL), a developer of patented mobile payments & banking platforms, announced today that it has set new Preliminary Target Definition Studies for the development of the Xcellink P..

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Deutsche Bank Mandated as Administrative Agent, Collateral Agent and Securities Intermediary on Cannon Power Group’s Windy Point Renewable Energy Project
NEW YORK - Deutsche Bank’s Trust & Securities Services, part of the Bank’s Global Transaction Banking division, has been mandated by San Diego-based Cannon Power Group to act as the Administrative Agent and Collateral Agent on a $652 million project financing for the expansio

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Andy Phillips to spearhead Hitachi Capital Invoice Finance growth plans
18 November 2009 - Hitachi Capital Invoice Finance is delighted to announce it has strengthened its team with the appointment of Andy Phillips as Head of Sales, to lead the further expansion of the invoice factoring business. Andy Phillips has over 25 years corporate banking expe...

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Littlebanc Completes Sale of South Florida Educational Software Company to Phoenix Strategy Investments, LLC.
BOCA RATON, Fla., Nov. 18 /PRNewswire/ -- Littlebanc Advisors, LLC(1), a research-centric South Florida-based investment banking firm, sold a privately held Florida education company to Phoenix Strategy Investments, LLC. Details of...

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Fitch: Commercial Real Estate Exposure Credit Risk Higher for U.S. Mid-Size and Smaller Banks
NEW YORK - Regional mid-size and smaller banking institutions have greater credit risks associated with declines in commercial real estate portfolio performance with downgrades likely for some of these banks, according to a Fitch Ratings review. For the U.S. banking sector overall, CRE

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SVB Predicts Sales Growth in 2010 Fine Wine Sales
ST. HELENA, Calif., Nov. 18 /PRNewswire/ -- Silicon Valley Bank, a leading provider of commercial banking services to the wine industry, released preliminary findings for its annual State of the Wine Industry R...

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Fitch Affirms Ratings of Cullen/Frost Bankers; Outlook Remains Positive
CHICAGO - Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) for Cullen/Frost Bankers Inc. (CFR) and its banking subsidiary Frost National Bank at 'A-' and short-term IDR at 'F1'. The Rating Outlook remains Positive. A list of rating actions follows at the end of this

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Commercial Bank & Trust of PA Opens New Bank Office at West Point Plaza in Hempfield Township
LATROBE, Pa., Nov. 16 /PRNewswire/ -- Area residents have a new office of Commercial Bank & Trust of PA in which to do business after the franchise opened a community banking office in the Hempfield Township West Point Plaza, near Greensburg, Pennsylvania on November 16, 2009.

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Unique to Banking, James J. Burson Named as ECB’s First Chief Revenue Officer
ENGELHARD, N.C. - An exciting announcement was made today by A. Dwight Utz, President and CEO of The East Carolina Bank (ECB), that James J. Burson has joined the Bank as its first Chief Revenue Officer. Although found in many industries, this position is unique and innovative in the banking

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MasterCard Launches its Authentication Program for Mobile Devices
WATERLOO, Belgium - MasterCard (NYSE:MA) has today launched an innovative solution to harness the mobile phone as a form factor for its Chip Authentication Program. The initiative focuses on enabling consumers to authenticate their banking and online transactions through their own mobile pho

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Deutsche Bank Named “Best Administrator for Small and Start up Hedge Funds” by HFM Week
NEW YORK - Deutsche Bank’s Alternative Fund Services, part of the bank’s Trust & Securities Services business in its Global Transaction Banking (GTB) division, recently won the “Best Administrator for Small and Start up Hedge Funds award from HFM Week.

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BMO Capital Markets Acquires Securities Lending Team and Assets of Paloma Securities
NEW YORK and TORONTO, Nov. 16 - BMO Capital Markets, the investment and corporate banking arm of BMO Financial Group (NYSE, TSX: BMO), today announced a definitive agreement with Greenwich, Connecticut

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Crescent Banking Company Announces 3rd Quarter Results
JASPER, GA -- 11/16/09 -- Crescent Banking Company, Jasper, Georgia (NASDAQ: CSNT) (the "Company") announced today a net loss of $9.0 million, which represented a net loss per share on both a basic and fully diluted basis of $1.70, for the quarter ..

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Needham & Company, LLC Hires Jeff Liu as Head of Software Investment Banking Group
NEW YORK - Needham & Company, LLC, a privately held, full-service investment bank, announced today that Jeff Liu has joined the firm as a Managing Director and Head of the Software Investment Banking Group. Most recently, Mr. Liu was the Head of software investment bankin

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Innovative Card Technologies Announces Third Quarter Results
LOS ANGELES - Innovative Card Technologies, Inc. (OTCBB: INVC), developers of the breakthrough InCard DisplayCardTM security device for e-banking, e-commerce, and data access, announced third quarter financial results. For the second consecutive quarter, the company achieve

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