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Search Results for "Finance and Banking News"

168 Results found for "Finance and Banking News"

Market Headline Published News Category
Finance and Banking ‘Scan and Send’ system unveiled for brokers by Barclays

16 May 2012

General

It was announced today that Barclays has unveiled its new Scan and Send system, allowing mortgage brokers to electronically submit documents and intended to speed up the mortgage application proces...

Finance and Banking 125Mn ATM Cards Forecast in Canada by 2016

28 October 2011

General

The number of ATM cards in circulation grew by 5% in 2011 to reach 112 million. After witnessing strong growth in the past few years, there were minimal increases in the number of ATMs in 2010 and ...

Finance and Banking 41 million cards in circulation within the Italian debit card market

12 June 2013

Market

2012 saw transaction values within the Italian debit card market increase by 3% throughout the year, reaching a value of €91 billion.In terms of circulation, the number of debit cards reache...

Finance and Banking AIG to Record $4.1 Bln Charge to Boost Reserves of Chartis Insurance Subsidiaries

10 February 2011

General

American International Group (AIG) has announced that it expects to record a $4.1 billion charge for the fourth quarter of 2010 to boost loss reserves in its Chartis property and casualty insurance...

Finance and Banking Aircraft financing market driven by the growth in aircraft replacements

20 November 2013

Market

The aircraft financing market has been forecast to increase at a compound annual growth rate (CAGR) of 7.27% through 2016, driven by the growth in aircraft replacements, and the reduced dependence ...

Finance and Banking Allianz SE and Western Union sign joint agreement

8 May 2012

Joint Ventures

Allianz SE and Western Union Company have signed a Memorandum of Understanding to develop, design and distribute insurance products in several countries around the world.Allianz and Western ...

Finance and Banking Ally Financial subsidiaries to file Chapter 11

14 May 2012

Financials

Ally Financial Inc. announced today key strategic actions aimed at strengthening the company's longer term financial profile and accelerating repayment of the US Treasury's investment. The actions ...

Finance and Banking Amtrak awards first GSA SmartPay 2 card service contract to U.S. Bank

6 May 2011

Contract Wins

US government owned rail company, Amtrak, has confirmed that it has awarded the USA's fifth largest banking institution, U.S. Bank, with a contract to provide its payment and travel card services f...

Finance and Banking Anti-money laundering market to increase by 11%

12 April 2013

Market

The anti-money laundering market has been forecast to increase at a compound annual growth rate (CAGR) of 11.3% through to 2016, driven by the increase in regulatory compliance requirements and an ...

Finance and Banking Aon Corp to acquire Hewitt Associates for $4.9 billion

12 July 2010

Mergers & Acquisitions

Aon Corp is t...

Finance and Banking Asia Pacific Card Payment to Reach US$4.7 trillion by 2016 representing the Second Largest Market Worldwide

27 October 2011

General

The card payment market in Asia Pacific represents the third largest worldwide with US$2.9 trillion in card payment volume, but is expected to move to second position by 2016 with US$4.7 trillion i...

Finance and Banking Asuransi Jaya Proteksi takeover completed by ACE Limited

13 June 2012

Mergers & Acquisitions

It was announced today that a definitive agreement for the takeover of Asuransi Jaya Proteksi in Indonesia, has been completed by ACE Limited and its local partner for an approximate value of $130 ...

Finance and Banking ATM market driven by growth in Asia-Pacific

2 July 2013

Market

Over the past years, the ATM market has become a commonly accepted way to carry out varying transactions including withdrawal of cash, account deposits, balance updates, bill payments and bookings....

Finance and Banking Australian car insurance industry to increase by 1.8% through 2013

14 May 2013

Market

Over the five years through 2012-13, revenue within the Australian car insurance industry grew at a compound annual growth rate (CAGR) of 2.8%. Another weak year for investments is anticipated to l...

Finance and Banking Australian health insurance market to increase at a CAGR of 10.1% through 2016

20 November 2013

Market

The Australian health insurance market has been forecast to increase at a compound annual growth rate (CAGR) of 10.1% through 2016.The healthcare system in Australia is quite a robust model ...

Finance and Banking Australian mobile banking market to hit 250 million transactions by 2015

15 January 2013

General

The Australian mobile banking market processed approximately $10 billion between the big four banks last July, proving that the humble smartphone is no longer a device of financial distraction....

Finance and Banking AXA divests Canadian operations - sold to Intact Financial Corp for $2.7 billion

1 June 2011

Mergers & Acquisitions

French insurance giant, AXA, has confirmed it is to sell its Canadian operations - focused on Property & Casualty, and Life & Savings - to the largest Canadian insurance group, Intact Finan...

Finance and Banking Bank Levy: A joint move between UK, France and Germany

23 June 2010

General

The chancellor's announcement of a <a href="The chancellor&rsquo;s announcement of a bank levy in the budget this week is estimated to raise about &pound;2 billion a year to assist in reducing the ...

Finance and Banking Bank of Ireland and ING Group pass the EU-wide stress testing exercise

23 July 2010

General

The Committee of European Banking Supervisors (CEBS) in co-operation with the European Central Bank (ECB) and under the supervision of the Central Bank and Financial Regulator has co-ordinated a se...

Finance and Banking Banking Group Credit Suisse Unveils Lower-Than-Expected Profits

10 February 2011

Financials

Global banking group Credit Suisse unveiled lower-than-expected quarterly profits Thursday of 841 million Swiss francs compared with 793 million Swiss francs in the same period of 2009. Wal...

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