1597 Results from 2005
/wholesale
The Wall Street Journal is reporting that Oracle is objecting to the transfer of a software contract to Man Financial under the firm's recent acquisition of Refco.
19 December 2005
/retail
Eight hundred million China UnionPay (CUP) cardholders are to get access to ATM networks in Japan through a gateway platform provided by JCB International.
/regulation
The Chicago Board of Trade is partnering with the Singapore Exchange to launch a new electronic commodities market, dubbed Jade (Joint Asian Derivatives Exchange).
EDB Business Partner is to acquire the Norwegian card company TAG Systems, for Nkr250 million and assumption of Nkr50 million debt.
The Bank of Thailand (BOT) has approved the setting up by the Thai Bankers’ Association of a national Interbank Transaction-Management Exchange (ITMX) to provide electronic payment services over the Internet, according to a report in The Nation newspaper.
ABN Amro Mortgage Group, a US subsidiary of the Dutch banking giant, says a computer tape containing the confidential data for two million customers was lost while being transported to a credit bureau.
16 December 2005
US e-payments processor First Data says it is cutting three per cent of its workforce and will implement further cost reduction measures before the end of the year.
Several bulge bracket banks are reputedly looking to raise their stakes in European government bond trading platform MTS after a number of shareholders pulled out of the company.
The Royal Bank of Scotland is mulling proposals to build the world's largest trading floor at a new $400m, 500,000 square foot office complex in Stamford, Connecticut.
The New York Stock Exchange has begun pilot trials of its proposed hybrid market, which aims to combine fast on-screen dealing systems with traditional floor-based market-making.
Clearing house Voca and cash machine network operator Link have won a contract to supply a new near-real-time e-payments clearing system for the UK banking industry.
The Chicago Board of Trade (Cbot) is axing 40 jobs - or five per cent of its workforce - as part of a restructuring of its technology and operations divisions that will cut costs by up to $11 million a year.
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