Govt ready with its own model of Temasek.
NEW DELHI: The government and Reserve Bank of India are nearly ready with an indigenous model of Singapore's Temasek - a government-owned investment vehicle that will use foreign exchange reserves. But unlike Temasek, the Indian company - that will be a special purpose vehicle registered either in...

StanChart first foreign bank to net Rs 1,000 cr.
MUMBAI: The country's largest foreign bank Standard Chartered's net profit rose 51% to Rs 1,364 crore for 2006-07 from Rs 904.8 crore a year ago, following lower provisions and higher fee income. This is the first time that any foreign bank's profit has crossed the Rs 1,000-crore mark. ...

Media Advisory - TD Bank Financial Group to release first quarter of 2007 financial results.
TORONTO, Jan. 29 /PRNewswire-FirstCall/ -- TD Bank Financial Group (TDBFG) will release its first quarter financial results and webcast its quarterly earnings conference call live on the internet on Thursday February 22, 2007. The webcast will feature presentations by TDBFG executives on the Bank's first quarter financial...

OKERE Capital Markets Solution Now Available on Salesforce.com's AppExchange.
Salesforce.com Financial Services Customers in Capital Markets Can Easily Deploy on-Demand Built on Apex From OKERE Customized to Their Specific Business Requirements Apex Enables OKERE to be the salesforce.com of Financial Services Applications SAN FRANCISCO, Jan. 16 /PRNewswire-FirstCall/ -- OKERE, a management and technology consulting...

TD Bank Financial Group Comments On Expected Impact of TD Ameritrade Holding Corp.'s First Quarter Earnings.
TORONTO, Jan. 16 /PRNewswire-FirstCall/ -- TD Bank Financial Group announced today that it expects TD Ameritrade's first quarter earnings to translate into a contribution of CDN$64 million to first quarter net income for its Wealth Management segment. TD Bank Financial Group will release its first quarter financial...

India Inc takes over depository receipt market.
Byline: Radhika Bhalla & Priti Patnaik NEW DELHI: India Inc accounted for 50% of all new depository receipt stock exchange listings globally in 2006. In all, there were 55 such listings in calendar 2006 of which more than 30 were from India. After taking into...

TD Bank Financial Group to Present at Citigroup Conference on January 30, 2007 in New York.
TORONTO, Jan. 25 /PRNewswire-FirstCall/ -- Ed Clark, President & CEO of TD Bank Financial Group (TDBFG) will present at the Citigroup Financial Services Conference in New York on January 30, 2007. Mr. Clark's presentation, a strategic overview of TD Bank Financial Group, will begin at approximately 9:45 a.m ET....

Foreign direct investment into ME & MENA regions soar by over 50%: the Arab world stretching from Morocco to Oman is becoming more integrated into the global economy and is competing for a larger share of foreign investment by multinational corporations. This trend will have a favourable impact on economic growth and job creation, especially in countries lacking natural resources. Researched and written by investment analyst MOIN SIDDIQI.
[ILLUSTRATION OMITTED] IN 2006, FOREIGN direct investment (FDI) flows to the Middle East and North Africa or MENA region of 19 economies (including the crisis-hit Palestinian Territory) grew by 51%, to an unprecedented $79,685m, making the fourth consecutive year of growth and a significant rise over the...

National City Reports Fourth Quarter and Full Year 2006 Results.
CLEVELAND, Jan. 23 /PRNewswire-FirstCall/ -- National City Corporation reports fourth quarter 2006 net income was $842 million, or $1.36 per diluted share, and full year 2006 net income was $2.3 billion, or $3.72 per diluted share. Fourth quarter 2005 net income was $398 million, or $.64 per diluted share,...

India share just behind HK in StanChart profit.
MUMBAI: Standard Chartered Bank's Indian operation has emerged as the second-largest contributor to its profits after Hong Kong. The bank's Indian operation reported a 50% rise in operating profits for the half year ended June 2007 to $320 million against $213 million in the previous corresponding period. Standard Chartered...