Archive for March 11th, 2008

Prime Minister of Vietnam meets and witnesses agreements with Deutsche Bank

The Prime Minister of the Socialist Republic of Vietnam, Nguyen Tan DUNG, met with Juergen Fitschen, Member of the Group Executive Committee of Deutsche Bank in Frankfurt.

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Former Director of Global Compliance at Citigroup Re-Joins Deloitte’s Banking & Securities Team

Deloitte announced that Thomas F. Rollauer – who served as the director of global compliance at Citigroup – has re-joined the organization’s banking & securities sector, where he will serve as a director in Deloitte & Touche LLP’s regulatory and capital markets consulting team.

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JPMorgan to Provide Custody, Fund Accounting, and Securities Lending for Devon County Council Pension Fund

JPMorgan announced it has been mandated by Devon County Council Pension Fund to provide global custody and related services for its £2.2 billion Fund.

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Citi Strengthens U.S. Residential Mortgage Business

Residential Mortgage Assets to Be Reduced by $45 Billion
Operational Efficiencies Expected to Produce $200 Million in Annual Expense Savings

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ING signs sponsorship deals with Alonso and Piquet to help drive business

ING Group has signed global personal sponsorship deals with ING Renault F1 Team drivers Fernando Alonso and Nelson Piquet. The agreements with both drivers will support ING’s business objective for the second year of its F1 sponsorship programme - using the F1 platform to drive business to the organisation.

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Commerzbank is bundling its Eastern European operations into a separate holding company and announces the appointment of Andre Carls as its head - Mariusz Grendowicz to be the new CEO of BRE Bank

Following the successful conclusion of negotiations on the acquisition of a majority stake in Ukrainian Bank Forum and on the granting of official authorizations, Commerzbank is now reorganising its operations in Central and Eastern Europe.

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BB&T unveils new supply chain management service

BB&T Corporation introduced BB&T SupplyChain360, an integrated financial supply chain management service that connects buyers and suppliers around the world.

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Barclays to acquire Russian bank Expobank

Barclays Bank PLC (”Barclays”) has entered into an agreement with Petropavlovsk Finance (Limited Liability Society) to acquire 100% of Expobank for a consideration of approximately $745 million (£373 million) which Barclays will finance out of existing cash resources.

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MarketAxess Announces The Acquisition of Greenline Financial Technologies, Inc.

Leading FIX Protocol Software Provider Will Expand e-Trading Connectivity Offering and Professional Services Capabilities

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Reuters Launches Global Market Data Latency Monitoring Solution

Reuters launched its Reuters Latency Monitor (RLM) to meet growing demand for monitoring the speed or latency at which market data is delivered.

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