Equitable PCIB elects Rene Buenaventura President-CEO.
The board of directors of Equitable PCI Bank yesterday elected Rene J. Buenaventura, the bank?s current senior executive vice president, as president and CEO and director, effective March 16. He succeeds Deogracias N. Vistan who resigned effective March 15 but will remain as special adviser to the...

Black tie not optional.
Customers visiting The Columbia Bank's Ellicott City, Md. branch one day in late October may have thought they had stumbled onto a formal wedding. That's because the bank staff all wore formal gowns and dresses and black tie tuxedos. "The formal dress was our way of getting...

The young and the (Financially) Reckless. (Fundamentals).
Marketers cultivate today's youth because they represent tomorrow's customers. Unfortunately, many children are clueless about basic money issues such as budgeting and managing debt. Banks can shape kids into better potential customers by providing programs on personal finance skills. Here's how to get started. As they turn...

From local to regional.
Byline: The Register-Guard Centennial Bank moved its corporate headquarters to Portland three years ago, but it remains firmly rooted in the Eugene-Springfield area, where it was founded in 1973. Umpqua Bank was born in Roseburg in 1953 and retains its Southern Oregon identity, despite also having moved...

Bank of New York putting up software dev't, maintenance outsourcing here.
Byline: BERNIE CAHILES-MAGKILAT Bank of New York, the United States oldest bank, is setting up a software development and maintenance operation in the country signalling as an advance party to President George W. Bush here on October 18. The project has registered with the Board...

News in brief.
Peso closes at P51.25 The peso closed firmer yesterday at P51.25 to the US dollar at the Philippine Dealing System of the Bankers Association of the Philippines from P51.30 the previous day. The weighted average rate depreciated to P51.329 from P51.303. The total volume amounted to $88 million. ...

Brokat Snaps Up Transaction Software for $18.7m.
German electronic banking and commerce software developer Brokat Infosystems AG has acquired Transaction Software Technologies Inc (TST), an Atlanta, Georgia-based provider of cash management software and services for $18.7m, Brokat said the acquisition helps it develop its 'financial portal' concept of providing an end-to-end offering in e-business....

IT Services: Logica Grows an Empire Through Acquisition.
Almost without being noticed Logica could be challenging Computer Associates for the title of most predatory company in the IT services field, with seven acquisitions since June 1998. The UK-based IT consultancy and systems integrator has already invested over 100m pounds ($62.5m) on takeovers and says it is prepared...

SYBASE ACQUIRES DATA WAREHOUSE NETWORK FOR BI TOOLS.
Sybase Inc said yesterday it has acquired Data Warehouse Network (DWN), an Ireland-based, privately-held vendor of packaged, industry-specific business intelligence applications, which it will market and sell with its Sybase Warehouse Studio. The financial terms of the deal were not disclosed. Under the acquisition, Sybase's Business Intelligence Division will...

IT Services: BT to Consolidate $2bn IT Services.
British Telecommunications Plc is set to announce the formation of an IT services arm with potential annual revenues in excess of $2bn through merging its Syncordia Solutions division and Syntegra systems integration house. The new BT Solutions division will operate as a full-scope IT services operation it covering all...