GE Completes Spin off and Demerger of Bank BPH Core Bank to Alior Bank
- 8 years 3 months ago
- Banking, Core Banking
GE (NYSE:GE) announced that today it has completed the spin-off and merger of Bank BPH’s Core Bank (WSE:BPH) to Alior Bank (WSE:ALR), representing aggregate ending net investment (ENI) of approximately $3.6 billion at the end of the third quarter 2016. GE Capital retains the Bank BPH legal entity, including its mortgage business, representing aggregate ENI of approximately $4.1 billion.
Aptitude Software Announces New Customer Win
- 8 years 3 months ago
- Infrastructure
Aptitude Software is pleased to announce that Elisa, Finland’s market-leading mobile operator, has selected the Aptitude Revenue Recognition Engine.
Exegy Welcomes Steve Santivenere to its Team of Senior Account Managers
- 8 years 3 months ago
- People Moves
Exegy Inc., a leading provider of managed services and technology for low-latency market data, announced today the addition of Steve Santivenere to its team of senior account managers. Mr. Santivenere will have global responsibilities for sales of Exegy market data solutions, reporting directly to chief operating officer Rod Arbaugh. “Steve is a seasoned professional with an impeccable reputation and invaluable knowledge that he accrued as a...
Handelsbanken Makes Senior Management Changes
- 8 years 3 months ago
- People Moves
Yonnie Bergqvist has been appointed CEO of Handelsbanken’s (STO:SHBA)(STO:SHBB) subsidiary, Ecster, which provides payment solutions for e-commerce and traditional retail operations. Yonnie Bergqvist currently works with board matters in Handelsbankens subsidiaries. In conjunction with taking up this new position, Yonnie Bergqvist is leaving Handelsbanken’s Senior Managemen
SGX Academy And IBF Introduce Certified Securities Professionals Programme
- 8 years 3 months ago
- Trading Systems, Security
In a move to provide securities professionals more training opportunities to acquire technical and soft skills, the Institute of Banking and Finance Singapore (IBF) and Singapore Exchange (SGX) today announced the launch of the SGX Academy Certified Securities Professionals Programme (CSP), developed in accordance to the IBF Standards for Sales and Trading/Execution (Retail).
GIC Acquires P3 from TPG Real Estate and Ivanhoé Cambridge
- 8 years 3 months ago
- M&A Deals
P3 Logistic Parks (“P3” or the “Group”), a leading specialist pan-European owner, developer and manager of logistics properties, announced today that GIC, Singapore’s sovereign wealth fund, has signed a definitive agreement to acquire P3 from TPG Real Estate and its partner Ivanhoé Cambridge. The transaction values the business at €2.4 billion and is the largest European real estate transaction this year. The transaction is subject to regulatory...
Online Lender Spotcap Expands into the UK Market
- 8 years 3 months ago
- Alternative Finance
Two years after its launch, online lender Spotcap is expanding into the UK market, providing flexible and accessible funding solutions to small and medium-sized enterprises (SMEs). Spotcap provides SMEs with credit lines and business loans of up to £150,000 through an online application process. While traditional lenders make credit decisions based on historical financials and old-fashioned credit scoring, Spotcap uses a unique, proprietary...
MetLife Names Lee Wood as CEO Hong Kong
- 8 years 3 months ago
- People Moves
MetLife announced today the appointment of Lee Wood as CEO for its Hong Kong business. Mr. Wood will be based in Hong Kong and will report to Damien Green, Regional Executive of MetLife Asia.
Broadridge Boosts its Wealth Management Capabilities Via Acquisition of M&O Systems
- 8 years 3 months ago
- M&A Deals
Broadridge Financial Solutions has expanded its wealth management and U.S. Department of Labor (DOL) Fiduciary Rule compliance capabilities with the acquisition of M&O Systems, Inc., a leading provider of advisor compensation management solutions that help broker-dealers and wealth management firms support advisors and grow their businesses. Terms of the deal were not disclosed.
Citibank Reveals Touch ID Sensor Authentication
- 8 years 3 months ago
- Banking, Authentication Technology
Citibank announces the launch of Touch ID Sensor authentication service in Hong Kong, allowing for a full suite of mobile banking services, including transaction, investment and enquiry, to be performed via its Citi Mobile® App on the iOS platform with iPhone 5s or later models1. Clients can now log on to the mobile banking app on their iPhone devices with their unique fingerprints and enjoy a faster, more convenient and secure mobile banking...
Seacoast To Acquire GulfShore Bank
- 8 years 3 months ago
- M&A Deals
Jim Kilman Joins Board of Directors at alpha-En Corporation
- 8 years 3 months ago
- People Moves
alpha-En Corporation (OTC PINK: ALPE), an innovative clean technology company focused on enabling next-generation battery technologies by producing high purity lithium metal and associated products, announced today that veteran investment banker Jim Kilman has been appointed to its Board of Directors, expanding the Board to four directors effective immediately.
Zebit Enhances Its No-Cost Credit Offering To Better Serve All Working Americans
- 8 years 3 months ago
- Infrastructure
Intelligent Money Taps DataTracks for CRD IV Reporting to FCA
- 8 years 3 months ago
- Regulatory Standards, Audit and Reporting
Nicolet Bankshares to Acquire First Menasha Bancshares
- 8 years 3 months ago
- M&A Deals
Nicolet Bankshares and First Menasha Bancshares today jointly announce the execution of a definitive merger agreement, pursuant to which Nicolet will acquire First Menasha and its wholly owned banking subsidiary, The First National Bank- Fox Valley ("FNB-Fox Valley"). The move will expand Nicolet's presence in the Fox Valley and open new markets in Neenah, Menasha, and Oshkosh. Based on the financial results as of September 30, 2016, the...