Banking industry
Fifth Third Bancorp, a diversified financial services company, will present its financial performance and corporate strategies at the Smith Barney Citigroup Financial Services Conference on January 26, 2005. Executives Neal E. Arnold and Kevin T. Kabat will represent the company during the presentation. The event will be webcast live and
Banking industry
Mellon Financial Corporation, a global financial services company, will be presenting at the Smith Barney Citigroup Financial Services Conference on Thursday, January 27, 2005. Steven G. Elliott, senior vice chairman, and Michael A. Bryson, chief financial officer, will discuss the company's strategy and highlight opportunities for growth. The
Banking industry
Reward Enterprises (RWRD), a diversified financial services company specializing in sub-prime consumer lending, has received a favorable InvestorFacts report from OTC Financial Network. The report includes a profile of the company's product line, market opportunities, growth strategies, and investment considerations. RWRD's shares have been gaining momentum,
Banking industry
A US court ban on the sale of Yuganskneftegaz, the production unit of Yukos, will remain in effect unless overturned by an appeal. Yukos had previously secured a temporary injunction blocking several western banks and Gazprom's defunct oil arm, Gazpromneft, from participating in the 19 December auction of
Banking industry
Boston Properties, Inc., a prominent real estate investment trust, will participate in the Deutsche Bank Real Estate Outlook Conference in New York on January 13, 2005. Raymond A. Ritchey, Executive Vice President of Boston Properties, will engage in an office panel discussion moderated by Louis Taylor of Deutsche Bank at
Banking industry
The Government of Indonesia is working diligently to mitigate the effects of a recent earthquake that has ravaged Aceh and North Sumatra. The country is extremely grateful for the substantial humanitarian aid provided by international organizations, NGOs, individuals, and friendly nations worldwide. Despite the severity of the disaster, particularly in
Banking industry
Philippine President Gloria Macapagal Arroyo is set to continue her focus on fiscal and economic reforms, as well as employment generation, in 2005. According to Press Secretary and Presidential Spokesman Ignacio Bunye, the President is committed to implementing changes to realize her agenda, fight corruption, and put the economy in
Banking industry
In a damning report presented to the Standing Committee of the National People's Congress on June 23, auditor-general Li Jinhua exposed widespread corruption in the Chinese government, revealing that 1.4 billion yuan (US$170 million) of the 2003 budget had been misused or wrongfully appropriated by 41
Banking industry
ShinGinko Tokyo, the bank in which the Tokyo Metropolitan Government owns a stake, plans to outsource the marketing of loans for small and midsize companies to Aioi Insurance Co. and AIU Insurance Co. The bank aims to expand its customer base by tapping into the expertise of the two private-sector
Banking industry
The Deutsche Bundesbank's decision to sell only 8 metric tons of gold instead of the expected 120 tons has sparked a mixed reaction from analysts, with some viewing it as neutral to mildly positive for the gold market. The announcement was made as part of the European Central
Banking industry
German Finance Minister Hans Eichel stepped up pressure on Bundesbank President Axel Weber to sell some of the central bank's gold reserves, sparking intense debates among board members. The move comes as global demand for gold remains steady, with spot prices poised for a potential slide to $150
Banking industry
The Tasmanian timber company, Gunns, has filed a Supreme Court writ against The Wilderness Society and 19 other defendants, alleging a campaign of interference with its business and trade. The writ, filed by EMA Legal on behalf of Gunns, claims that The Wilderness Society and others engaged in a conspiracy
