Latest People News: Finextra Research

Payzone execs secure injunction against ousting

Irish e-payments firm Payzone has suspended trading in its shares a day after its CEO John Nagle and CFO John Williamson successfully fought off efforts to oust them.

17 January 2008

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Maestro loses UK domain name fight

MasterCard's debit card subsidiary Maestro has lost its legal battle with a UK Internet domain name dealer over the ownership of the maestro.co.uk Web address.

15 January 2008

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ESpeed strikes back in TT patent case

US electronic bond trading network eSpeed says a senior district judge has overturned a jury's verdict that earlier versions of its futures trading software infringed patents held by Trading Technologies (TT), in the latest move in the long-running patent-infringement lawsuit between the two companies.

11 January 2008

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Barclays chairman loses £10,000 in ID fraud scam

A fraudster managed to con high street bank Barclays out of £10,000 in a credit card scam by posing as its high-profile chairman Marcus Agius.

10 January 2008

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E*Trade to exit US institutional business; shares plummet on ratings downgrade

Troubled online brokerage E*Trade is disposing of its US institutional sales unit amid concerns that it needs additional capital to stay in business. The news comes after the broker's share price fell to an all-time low following a scathing report from a credit ratings agency.

09 January 2008

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Citisoft appoints Christopher Russo MD

Specialist investment management consulting firm Citisoft has appointed Omgeo executive Christopher Russo as a managing director.

08 January 2008

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MasterCard to launch French venture

MasterCard Europe and EuroPay have signed an agreement to integrate their respective operating structures in France and establish a new company that will provide electronic payments services to financial institutions across the country.

08 January 2008

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Former E*Trade CEO Caplan gets $10.9m pay-off

US online brokerage E*Trade has agreed to pay former chief executive Mitchell Caplan - who quit in November following heavy mortgage-related losses at the company - a severance package worth nearly $11 million.

03 January 2008

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TietoEnator outlines EUR100m cost cutting plan

Nordic IT services vendor TietoEnator is embarking on a restructuring and cost cutting programme designed to generate annual savings of more than EUR100 million by the end of 2009.

03 January 2008

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