StanChart upbeat on financial sector reforms.
NEW DELHI: Unlike his peers, Standard Chartered Bank CEO (Wholesale Bank) and director Mike Rees expressed his satisfaction over the financial sector reforms in India. Rees did not complain about country's norms which prohibit foreign banks from acquiring Indian banks and expanding branch network. He...

Techspan plans more acquisitions.
Byline: Krishna Kant NEW DELHI: After a year of lull, Techspan is warming-up to acquisitions once more. The consulting and software services company is planning acquisitions to bolster its presence in the banking and capital market space. Right now, the company is working on two overseas deals...

BNP Paribas to buy into Geojit.
MUMBAI: Sunday afternoon witnessed another major deal in the Indian stock broking space. South-based retail financial sector major Geojit Financial Services said French banking giant BNP Paribas will buy a 33.35% stake in the company for Rs 207 crore. BNP Paribas will subscribe to 7.96 crore equity...

Wells Fargo Acquires Evergreen Funding Corp.
SAN FRANCISCO, Dec. 18 /PRNewswire-FirstCall/ -- Wells Fargo & Company said it has acquired Evergreen Funding Corp., the Dallas-based factoring company serving small and middle market companies. Evergreen becomes part of Wells Fargo Business Credit - Factoring, a division of Wells Fargo Bank, N.A. The definitive agreement between Wells...

StanChart opens PE tap for mid-sized firms.
Byline: George Smith Alexander MUMBAI: Access to sources of funding for scores of domestic medium-sized firms has just got wider. The country's largest foreign bank, Standard Chartered Bank has tied up with a private equity player, India Twenty Twenty, to help medium-sized companies explore equity funding options....

Limelight Networks Names Chief Financial Officer.
Matthew Hale Brings Extensive Financial and Operational Experience to Rapidly Expanding Content Delivery Network TEMPE, Ariz., Dec. 4 /PRNewswire/ -- Limelight Networks, the world's leading content delivery network for digital media, today announced that Matthew Hale has joined the company as Chief Financial Officer. Hale reports to...

Media Advisory - CIBC World Markets Miracle Day to raise awareness and give back to children's charities.
NEW YORK, Nov. 20 /PRNewswire-FirstCall/ -- CIBC (CM: TSX; NYSE) Who: CIBC World Markets Corp. donating commissions to children's charities through the CIBC World Markets Miracle Day campaign, a major effort conducted annually on the first Wednesday in December to raise awareness and give back to children...

Standard Chartered Automates Customer Service with Pegasystems.
CAMBRIDGE, Mass., Nov. 17 /PRNewswire-FirstCall/ -- Standard Chartered Bank has selected the Smart Investigate solution framework from Pegasystems Inc. as part of a major drive to improve customer service in payments processing. Pegasystems has a well-established reputation as a market leader in BPM, backed up by a...

New Article.
Byline: Johan Mundat Bank stocks are in the limelight as they see strong growth in the core business of lending. This comes on the back of increased demand for credit from an economy which continues to grow at a robust pace, driving bottom lines of banks. Bank...

Aleri Liquidity Management System Named Most Innovative by Financial-i Magazine.
CHICAGO, Dec. 5 /PRNewswire/ -- Aleri Inc., a leading provider of real-time analytic financial services applications, today announced that the Aleri Liquidity Management System has been named the top liquidity management solution by Financial-i magazine in its inaugural "Leaders in Innovation Awards." The "Leaders in Innovation Awards"...