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Industry News
BANKING
International Monetary Fund cautions Chinese Banks (Jul 30, 2010)
Citigroup to pay USD 75 Million in its Subprime Case (Jul 30, 2010)
Citigroup plans to act as per Dodd-Frank Act (Jul 29, 2010)
Real Estate Advisory Group of Deutsche Bank to be closed down (Jul 28, 2010)
Goldman Sachs trouble lies in its Counterparty financial strength (Jul 27, 2010)
Financial Crisis Inquiry Commission questions Goldman Sachs (Jul 26, 2010)
Bank of America intend to sell USD 1.2 Billion in Warburg Pincus commitments (Jul 26, 2010)
Seven out of Ninety One Banks fail the European Stress Test (Jul 26, 2010)
Santander prepare to float 20 percent of its UK operation on London Stock Exchange (Jul 23, 2010)
Bank of Ireland's ATM anti fraud system wrongly debits cash from customers accounts (Jul 23, 2010)
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BUSINESS PROCESS OUTSOURCING PROVIDER
Aviva Outsources BPO Services To Wipro, TCS (Dec 27, 2003)
EDS Clinches Business Process Outsourcing Deals From Several Financial Firms Globally (Dec 17, 2003)
Hartford Automates Temporary Staffing Needs With Beeline (Nov 18, 2003)
CGE&Y Canada Inks Deal With OSFI For Systems Integration Services (Nov 12, 2003)
M35 Launches Office Integration Suite For Financial Services (Oct 14, 2003)
GoldenGate Software Ties Up With 365 Main For Failsafe Data Center (Oct 6, 2003)
Accenture And SAP Sign Agreement To Develop & Deliver IT Solutions For Banks, Insurance Companies Gl (Sep 25, 2003)
BPO market will be $173b by 2007, says Gartner (Jul 7, 2003)
All frontline support for HP’s services business in Australia will be moved to Digital Global soft’s (Jul 1, 2003)
Trust important for a successful BPO relationship (Jun 9, 2003)
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CAPITAL MARKETS
European consolidated tape is a must says Committee of European Securities Regulators (Jul 30, 2010)
Capital Market firms in need for better surveillance system (Jul 28, 2010)
Merrill Lynch commences its latest Exchange Traded Fund Algorithm (Jul 27, 2010)
NYSE Euronext is to commence a Pan-European Multilateral Trading Facility (Jul 27, 2010)
USD 7.5 Million fine subjected to Deutsche Bank (Jul 26, 2010)
London Stock Exchange declares new pricing scheme for brokers (Jul 22, 2010)
Hypo Real Estate Holding AG likely to fail Stress Test (Jul 20, 2010)
Government Securities exceeds Wall Street Bond Dealers by 18 percent (Jul 19, 2010)
Eris Exchange: The new interest rate swaps initiated by Chicago Mercantile Exchange (Jul 15, 2010)
Agribank might become the world's seventh largest lender by market value (Jul 14, 2010)
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ECONOMY
European Commission approves proposals for e-money reforms (Mar 26, 2009)
Bank of England Governor advises the U.K. government to control spending (Mar 25, 2009)
Germany to face a seven percent economic slump in 2009 (Mar 23, 2009)
GENERAL
IBM's deal to purchase Sun Microsystems collapses (Apr 5, 2009)
United States Oil Fund LP Outsources Fund Administration Services To Brown Brothers Harriman (Apr 12, 2006)
Outsourcing Benefits USA (Feb 2, 2004)
US Firms Protest Outsourcing Ban (Jan 30, 2004)
Bill Gates and Bill Clinton Support Outsourcing To India (Jan 29, 2004)
Indian Firms Shift 12,000 Jobs To UK Says Nasscom (Jan 29, 2004)
Outsourcing Ban Is Not Fair Says Indian Prime Minister (Jan 28, 2004)
UK Supports Outsourcing To India Says British High Commissioner (Jan 21, 2004)
Another US State Introduces Bill To Restrict Outsourcing Overseas (Jan 1, 2004)
Canada Could Be Outsourcing Destination For US (Dec 31, 2003)
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INFORMATION TECHNOLOGY OUTSOURCING PROVIDER
Intuit plans to foray into Asian markets (Mar 25, 2009)
Revenues of Irish financial technology vendors rising in 2009 (Mar 23, 2009)
Recession may cause cuts in cost of IT outsourcing services (Mar 22, 2009)
Convergys supplies relationship management services to FDIC (Dec 2, 2008)
Troux Technologies offers IT planning solution to Fiducia (Feb 20, 2008)
Structural Wealth licenses Charles River Investment Management System (Feb 15, 2008)
WM-data bags five year USD 19.5 million deal from Bankgirocentralen BGC AB (Feb 13, 2008)
ACI Worldwide uses mFoundry's solution to provide mobile banking solutions (Feb 7, 2008)
Fundtech and Wausau team up to provide Web-Based Remote Corporate Capture to Banks (Jan 31, 2008)
Fidelity National Information Services to deliver merchant processing services to Pipeline Data (Jan 24, 2008)
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INSURANCE
New York State Insurance Department to reassess the legality of Industry practices (Jul 29, 2010)
AIA the Asian life insurance unit of AIG likely to come up with an IPO (Jul 14, 2010)
Ban imposed to Insurance professionals over forgery scam (Jul 12, 2010)
Prudential deal lapse reflects emerging role of investors (Jun 2, 2010)
Prudential to buy AIG's Asian life insurance unit (May 31, 2010)
AIG to pay back taxpayers but risk of loss prevails (May 27, 2010)
IBM reviews Insurance Company CEOs' confidence to manage complex business (May 26, 2010)
Logica and IT-Freedom teams up to tackle cost, fraud and leakage in the insurance industry (May 10, 2010)
Kognitio and Quomation has joined together to provide DaaS Service to Auto Insurers (May 10, 2010)
Patni signs an outsourcing deal with Universal American and agrees to acquire CHCS Services (Apr 27, 2010)
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