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1502 Results from 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.

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Nyse Euronext in talks to buy Amex - WSJ

Nyse Euronext is in talks to buy the American Stock Exchange (Amex) in a deal that could be worth around $350 million, according to a Wall Street Journal (WSJ) report.

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Banks, trading firms take minority stake in Chi-X

A group of 13 banks and trading firms has taken a minority equity stake in Instinet's MiFID-compliant alternative trading facility, Chi-X Europe.

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Atos Origin inks BNP Paribas outsourcing deal

Paris-listed Atos Origin has won a five-year contract, worth £50 million, to provide outsourced technology services to French banking group BNP Paribas.

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ECB wins French ruling in Document Security Systems patent fight

The European Central Bank has won an appeal in a French court against Document Security Systems (DSS), the New York-based provider of anti-counterfeit software that filed a patent infringement lawsuit against the central bank in 2005.

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Obopay gears up for Indian launch

California-based mobile payments start-up Obopay has struck deals with six banks and three telcos in India ahead of the launch of its mobile debit service in the country in February, according to local press reports.

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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.

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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.

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OMX inks trading technology deal with OTC commodity marketplace Agora-X

Swedish technology group and exchange operator OMX has won a deal to provide a hosted trading system to Agora-X, a new US marketplace for over-the-counter (OTC) commodity contracts.

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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.

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JPMorgan and Deutsche Bank invest in Bats Trading

A further two banks - JPMorgan and Deutsche Bank - have made investments in Bats Trading, the electronic alternative to Nasdaq and Nyse. Financial terms of the minority investments were not disclosed.

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Dawood Islamic Bank live with SunGard Web banking product

SunGard says Pakistan-based Dawood Islamic Bank (DIBL) is using its System Access Customer Service Manager package to provide Shariah-compliant Internet banking services to retail and corporate customers.