Financial Services

Co-op Financial Services upgrades mainframe infrastructure


Co-operative Financial Services (CFS) has upgraded the mainframe infrastructure behind its banking and insurance businesses to support a £500m IT transformation.

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State lost $133 million last year when British financial services firm failed

The Morning Call

Treasury Department head says deal had generated $404 million in previous decade. -- Pennsylvania's cash-strapped government has taken another hit with the Treasury Department's revelation that the state lost $133 million last year when a London-based financial services firm went belly up.

 

EnQuest Energy Services Corp. Releases Annual 2008 Financial Statements

Marketwire

CALGARY, ALBERTA--(Marketwire - May 14, 2009) - ENQUEST ENERGY SERVICES CORP. ("EnQuest" or the "Company") (TSX VENTURE:ENQ) - EnQuest announces the filing of its audited financial statements and management discussion and analysis for the year ended December 31, 2008 today. All figures are stated in USDs. Please refer to the Company's consolidated financial statements and MD&A for further ...

 

Research and Markets: Hispanic Finances and Financial Services in the United States 2009

Business Wire via Yahoo! Finance

DUBLIN----Research and Markets has announced the addition of the "Hispanic Finances and Financial Services in the United States 2009" report to their offering.

 

FTC Testifies on Efforts to Protect Consumers of Financial Services

Federal Trade Commission

The Federal Trade Commission today told the U.S. House Subcommittee on Commerce, Trade, and Consumer Protection of the Committee on Energy and Commerce that, in response to the current economic crisis, the FTC has substantially increased its law enforcement efforts to protect consumers of financial services.

 

Namibia: Trustco Announces Staggering Financial Results

AllAfrica.com

NAMIBIAN financial services company Trustco announced a whopping 38 per cent increase in gross profits to N$227 million during the year ending 31 March 2009, although the results are still pending sign-off from external auditors.

 

Nomura receives licence to provide corporate finance and capital markets services from Qatar Financial Centre

AME Info

Nomura, the leading global investment bank headquartered in Japan, today announced that it has been authorised by Qatar Financial Centre Regulatory Authority to provide investment banking and capital markets services from the Qatar Financial Centre ('QFC').

 

Hallmark Financial Services, Inc. Announces First Quarter 2009 Earnings Results

GlobeNewswire via Yahoo! Finance

FORT WORTH, Texas, May 15, 2009 -- Hallmark Financial Services, Inc. today reported first quarter 2009 net earnings of $6.8 million compared to $7.3 million reported for first quarter 2008.

 

US Retirement Market Totals over $24 Trillion and Generates $183 Billion in Revenue for Financial Services Firms, ...

Business Wire via Yahoo! Finance

NEW YORK----While the US Retirement Market is twice as big as the USA's annual GDP and generates $183 billion in annual revenue for financial services firms, few market participants have a clear picture of the total value chain and who captures most of the revenues, says a new special report published today by Novarica, the research division of Novantas LLC..

 

Wirehouse Parent Bolsters Board, Adds Financial Expertise

Financial Planning.com

Bank of America, parent company to wirehouse Merrill Lynch, recently enhanced its board of directors by adding four new members who “bring a wealth of experience in financial services from a variety of perspectives,” according to a press release from the bank.

 

Forbes Energy Services Reports First Quarter Financial Results

CNW Group via Yahoo! Finance

Forbes Energy Services Ltd. today announced financial and operating results for the quarter ended March 31, 2009.