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Following a detailed review of opportunities, Zurich Financial Services has decided to withdraw from the bidding for the insurance business of Royal
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Swedish bank Handelsbanken has reported that in full-year 2005, operating profit increased by 16% to SEK15.7 billion.
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Swiss investment bank UBS has announced plans to outsource its IT and back-office operations to Hyderabad, India. The new offshore center will join a
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Investment Professionals, a private investment brokerage and asset management firm, has announced that it is opening up two new regions in the Northe
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Pershing, a subsidiary of The Bank of New York Mellon Corporation, has added 10 new solution providers to its ValueAlliance program.
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Primevest Financial Services, a self-clearing broker-dealer, has appointed Michael Burns as its chief compliance officer.
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BGC Partners, a global inter-dealer broker of financial instruments, has reported revenues of $338.3 million for the first quarter of 2008, a 23.9% i
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Lehman Brothers Holdings, which offers financial services to corporates, governments and municipalities, is likely to reduce around 1,300 jobs global
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