Dear Sirs, In relation to the information published by Global Custodian.com on Bank Handlowy revolutionizing Polish capital market dated December 17, 2002, I would like to draw your attention to the fact that ING Bank has been offering such solution
IBM announced today that it had finalised a seven year IT outsourcing contract with J.P. Morgan Chase, which the firm expects to be worth over $5 billion. JPMorgan Chase will outsource what IBM describes as "a significant portion" of its
Socit Gnrale, the French bank, announced today that Xavier Debonneuil, its head of investment banking, was killed in a car accident yesterday afternoon. Debonneuil was leading a strategic review of the business, which was expected to lead to the loss
The combined assets of the closed end funds in the US were $149.61 billion at the end of the third quarter of 2002, the Investment Company Institute reported today in a quarterly statistical collection of closed end funds. Total closed
BISYS announced today that it had acquired New York based Career Brokerage (aka Feingold Scott, Limited), an insurance brokerage firm specializing in the wholesale distribution of life, annuity, disability, and long term care insurance products. Terms of the transaction were
The combined assets of US mutual funds increased by $317.9 billion, or 5.1 percent, to $6.56 trillion in November, according to the Investment Company Institute's official survey of the mutual fund industry. Equity funds had an inflow of $6.46 billion
The Securities Futures Commission (SFC) in Taiwan has announced that Qualified Foreign Institutional Investors (QFIIs) and General Foreign Institutional Investors (GFIIs) are allowed to accept subscription rights of new stocks transferred by the original shareholders of a listed company on
ABN AMRO and EDS announced today that they have reached an agreement on an IT outsourcing contract for ABN AMRO's Wholesale Client (WCS) Strategic Business Unit which includes corporate and investment banking services. The contract covers the provision of technology
Indulging its penchant for Orwellian language, the New Labour government in the United Kingdom today described a massive tax hit for the beleaguered life assurance industry as "fairer." Paymaster General Dawn Primarolo announced measures, to be included in the 2003
The Bank of New York announced today that Naspers Limited has selected the Bank as depositary for its NASDAQ listed American depositary receipt (ADR) program. One ADR equals ten ordinary shares and trades on NASDAQ under the symbol "NPSN." The