New findings from the Grant Thornton International Business Owners Survey (IBOS), released today, reveal that businesses in Asia have been negatively affected by SARS but predict different recovery times. Of the key countries hit by SARS during 2003, 79% of
Following its debut on the Warsaw Stock Exchange, Bank Austria Creditanstalt (BA CA) has established a local Short & Medium Term Bond Programme in Poland. With a volume amounting to PLN 1 billion (approx. EUR 200 million) it is the
Credit Lyonnais, the French bank acquired earlier this year by Credit Agricole, is to pay $100 million to settle allegations surrounding its takeover of Executive Life Insurance Co. of California, which became insolvent in 1991 after its junk bond portfolio
New Radianz CEO Howard Edelstein has capitalised on old connections he is the former head of Thomson Financial ESG to strike a deal with Thomson Financial, by which the rival to Reuters and Bloomberg will use RadianzNet to distribute its
Sun Microsystems today claimed leadership Din the high performance and technical computing market (HPTC), in terms of the number of server units shipped. According to IDC's third quarter Worldwide Technical Server report, Sun nearly doubled unit shipments (99.7 percent growth)
BISYS says Trustmark National Bank has renewed its contract with the firm. BISYS has successfully serviced the bank's mutual fund family, which has approximately $1 billion in assets under management, since 1996 "BISYS has consistently demonstrated its commitment to the
BISYS says it has been selected to support the Individual(k) retirement savings alternative offered by New Jersey based Pershing, which was acquired by the Bank of New York in January this year. BISYS already supports Pershing's private labeled retirement plan
Securities lending in Norway is on the threshold of sweeping reforms. Proposals are now before the Norwegian Parliament which will authorize securities loans as genuine transfers of title, but not ones which trigger a taxable event. However, borrowers paying manufactured
SSISearch Ltd, a provider of reference data to the foreign exchange markets, has created a global directory of authenticated reference data for fund managers, corporate treasury departments and other trading entities. SSISearch claims that its Global Directory removes one of
Based on the preliminary year end figures for 2003 which include an estimate for the last five trading days of the year a total volume of Euros 3.4 trillion was traded on the German stock exchanges in 2003 (2002 Euros