Finance News

Unlock the world of finance with information about the accounting, banking and financial services, insurance and investment industries. Catch up on the latest innovations in retail and commercial banks, personal finance management and the major players on the venture capital stage.

hyperWALLET Attends CommunicAsia 2009, Showcasing Next-Generation Payments Technology

hyperWALLET will be showcasing their mobile commerce and international payment solutions at CommunicAsia 2009 in Singapore, Southeast Asia’s premier ICT expo on June 16-19, 2009. - June 14, 2009 - hyperWALLET Systems Inc.

Intercontinental Mercantile Exchange (IMEX) Announces Its Premier Investment System Partner

Intercontinental Mercantile Exchange (IMEX) announces Master Inter Global Systems Inc. as its premier Investment Partner. Master Inter Global Systems will provide free commercial stock and commodity quotes to IMEX’s clients. The quotes will be available starting August 15, 2009 at... - June 14, 2009 - Intercontinental Mercantile Exchange

National Association of Mortgage Brokers (NAMB) Selects Home Loan Advocates as Its Home Loan Modification Specialist

The National Association of Mortgage Brokers (NAMB) has signed a contract with Home Loan Advocates to act as its endorsed service provider for consumer home loan modification. After researching more than 20 nationally recognized loan modification firms, Home Loan Advocates was chosen to launch a... - June 13, 2009 - Home Loan Advocates

Crescent State Bank Sponsors 2009 Historically Black Colleges and Universities Softball Tournament

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced the bank’s sponsorship of the 2009 Triangle Historically Black Colleges and Universities Annual Alumni Coed... - June 13, 2009 - Crescent State Bank

JP Turner Colorado Springs Branch Launches Website

JP Turner & Company, LLC, an independent broker-dealer headquartered in Atlanta, announces the launch of a new client website by Colorado Springs-based independent representative Dan Daniel. - June 13, 2009 - J.P. Turner & Company, LLC

Kelly Media Group Announces Media Buying Promotion for TV, Radio, Billboard and Newspaper Advertising

Kelly Media Group Announces Media Buying Promotion for TV, Radio, Billboard and Newspaper Advertising

Kelly Media Group, a global full-service advertising agency, announced a new media buying promotion in which they are offering free telephone marketing services for companies in US and UK that commit to one of their airtime buying packages. The airtime buying promotion includes all media buying plans for television, radio, billboard or print newspaper ads. The free phone services will include marketing tools like voice broadcasting and (IVR) interactive voice response. - June 12, 2009 - Kelly Media Group

Peregrine Capital Management Again Improves Customer Website

Peregrine Capital Management, a full-service guaranteed introducing commodity brokerage firm announced significant improvements to their website. Both investors and potential investors are welcome to browse the website at www.peregrinecapitallimited.com. There are numerous free resources available... - June 12, 2009 - Peregrine Capital Management

Meyer Chatfield Announces BOLI Holdings Report in Partnership with Michael White Associates

Meyer Chatfield, Corp. announced today that it has partnered with Michael White Associates in the publication of the upcoming Michael White – Meyer-Chatfield BOLI Holdings Report. The report measures the Cash Surrender Value (CSV) of bank-owned life insurance (BOLI) held by banks and bank... - June 12, 2009 - Meyer Chatfield, Corp.

DMB Associates, Inc. Appoints Dietrich Knoer as Chief Investment Officer

DMB Associates, Inc. Appoints Dietrich Knoer as Chief Investment Officer

DMB Associates, Inc., a private equity real estate investment and development firm, today announced a new addition to its executive leadership team. Dietrich Knoer has been appointed as Chief Investment Officer. As Chief Investment Officer, Knoer will report to DMB Chief Executive Officer, Eneas... - June 11, 2009 - DMB Associates, Inc

Is the Chinese Pharmaceutical Market Finally Ripe for MNC Pharma Companies?

Is the Chinese Pharmaceutical Market Finally Ripe for MNC Pharma Companies?

According to China Pharmaceutical Guide 2009 (4th Edition), the latest report from Wicon International Group LLC (publisher of Pharma China), the size of the Chinese drug market (including all Western and traditional Chinese medicine drug products and biopharmaceuticals) at retail price level grew... - June 11, 2009 - WiCON International Group LLC

AutumnGold CTA Index Advances in May by +3.75%

AutumnGold's Index of Commodity Trading Advisors indicates a strong return in May for managed futures traders. - June 11, 2009 - AutumnGold.com, LLC

Hands-on Banking & Leasing Consulting Unveils Its New Corporate Identity

Hands-on Banking & Leasing Consulting unveiled yesterday its new corporate identity and its new website. “The target of this full review was to emphasize on our commitment to the region and our will to communicate. The new logo and the website have been designed to reflect Arabic culture,... - June 11, 2009 - Hands-on Banking & Leasing Consulting

How Much Mortgage Can I Afford - Gregg Marcus from Somerset Mortgage Lenders Speaks at Panel Discussion

"To establish how much mortgage you can realistically afford, you can use one of two main formulas - called “Qualifying Ratios”. Qualifying ratios examine a person’s income and expenses in order to estimate how much money can reasonably be spent on monthly mortgage... - June 11, 2009 - Somerset Mortgage Lenders (Gregg Marcus)

Information Security Media Group Announces Publication of the BankInfoSecurity.com Handbook, Security Strategies: The Faces of Fraud

ISMG announces that the "Security Strategies: The Faces of Fraud" electronic handbook is now available at BankInfoSecurity.com. - June 11, 2009 - Information Security Media Group

Smithstreetsolutions to Co-Publish the 5th China Institute Executive Summit White Paper

The 5th China Institute Executive Summit closed successfully on April 28th. SmithStreetSolutions will publish details of the summit discussions: The Fifth Annual China Institute Executive Summit White Paper. - June 11, 2009 - smithstreetsolutions

Ameritrust Mortgage Hires New Talent; Plans for Continued Growth

Addition of talented candidates meets one-fourth of Ameritrust's expected hiring plan; recruiting to continue. - June 10, 2009 - Ameritrust Mortgage Inc.

Potential Unlimited Announces ETFtradesignals.com Designed to Empower Commodity Investors Through Quant Based Methodologies

Potential Unlimited, an independent proprietary trading group of investment managers, will support ETF Tradesignals.com with services including investment research and quantitative analysis. ETF Tradesignals will use research provider, Potential Unlimited’s LLC, proven quant-based approach to introduce a complete system of ETF (Exchange Traded Funds) research. The commodity research will cover currencies, financials, metals, softs and energies sectors. - June 10, 2009 - Potential Unlimited LLC

FXpress Announces FIRST™ S9 Release

Improves loan management, bank account oversight, hedge analysis and FX netting. - June 10, 2009 - FXpress Corporation

Principia Enhances Ability to Summarize and Track Risk Exposures for ABS, MBS and CDO Investments

Principia Partners, the leading solution provider for the management and administration of structured finance operations, today announced the availability of Principia Structured Finance Platform (Principia SFP), Version 6.1. Enhancements further integrate risk surveillance tools and controls... - June 10, 2009 - Principia Partners LLC

Dr. Gregory Achieves Membership in Million Dollar Round Table; Prestigious Membership is Exclusive to World’s Leading Financial Professionals

Outstanding client service, ethics and professionalism have enabled Dr. Robert Gregory of Baltimore, Maryland to achieve membership in the prestigious Million Dollar Round Table – Premier Association of Financial Professionals ®. Dr. Gregory is an Associate Partner with New York Life and... - June 09, 2009 - Dr. Robert Gregory

Oil Outlooks and Opinions is a New Venture in Oil Analysis, Training and Consultation

Oil Outlooks and Opinions will bring a fresh approach to oil analysis. They offer the “talk” above the static. - June 09, 2009 - Oil Outlooks and Opinions

Popular Commercial Capital Expands Investor Capital for Distressed Hospitality

Popular Commercial Capital (PCC) has expanded investor capital in excess of $1 billion USD targeted towards distressed hospitality projects in the U.S., Caribbean and Mexico. PCC's target is on repositioning distressed assets and distressed debt whether in development, partial construction or... - June 09, 2009 - Popular Commercial Lending Group

InformationBuilders.com Nominated for Customer Service Department of the Year

InformationBuilders.com Nominated for Customer Service Department of the Year

Information Builders Global Technical Support Department secures recognition as finalist for Customer Service Department of the Year by utilizing SSPA’s Support Staff Excellence Program. - June 08, 2009 - Impact Learning Customer Service Training and Consulting

Capital Corp Merchant Banking Reaffirms Commitment to International Funding of Africa

On the heels of President Barack Obama’s official visit to Egypt, Capital Corp Merchant Banking confirms their continued interest in the opportunities throughout Africa. - June 08, 2009 - Capital Corp Merchant Banking

Free Tax Lien Investing Kit Now Available

If you’ve heard about tax lien and tax deed investing and wanted to learn more about it, this is your chance. - June 08, 2009 - TaxLienLady.com

Banking Association Highlights Impact of Social Media

Banker and social media author, Jesse Torres (@jstorres), was the subject of a highly informative one-on-one interview with the American Bankers Association Banking Journal. The interview, “Banks & Social Media: Shred Your Marketing Beliefs“ featured on the ABA Banking... - June 08, 2009 - Jesse Torres

Tracesmart Affiliate Program Thrives During First Quarter

Leading online people search website confident of continued affiliate success - June 06, 2009 - Tracesmart Ltd

First Minnetonka City Bank to Standardize Compliance Training Using On-Demand Software

Learn.com®, the leader in on-demand workforce development and productivity, announced today that First Minnetonka City Bank selected the LearnCenter platform to proved standardized compliance training to all employees. - June 06, 2009 - Learn.com

Crescent State Bank Opens 15th Location

Michael G. Carlton, president of Crescent State Bank (www.crescentstatebank.com), a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that the bank has opened its 15th office, located at 4711 Six Forks Road in Raleigh. This is the bank’s... - June 06, 2009 - Crescent State Bank

Grant Management Seeks Landlords to Fulfil Booming Demand for Student Properties

According to Grant Management, the student market remains one of the most robust buy-to-let propositions - June 06, 2009 - Grant Management

How to Find a Financial Advisor or Financial Planner Who is Right for Your Needs in Today’s Volatile Markets

How to Find a Financial Advisor or Financial Planner Who is Right for Your Needs in Today’s Volatile Markets

Americans need financial advice more than ever, and ClaroConnect is helping them search for the right financial advisor for their specific needs. - June 05, 2009 - ClaroConnect Solutions, LLC

How a New Program at Lacerda Realty is Helping Buyers

The demand for purchase loans continues to rebound -- a trend that may be driven by first-time homebuyers and bargain hunters. How Lacerda Realty of Burlington NC is helping to boost the home buying process. - June 05, 2009 - Lacerda Realty

Capital Development Advises Small Business Buyers to Act Now for SBA 504 Loans

The SBA 504 expiring fee waiver and the impending rate increase provide a powerful incentive for buyers to act now. - June 05, 2009 - Capital Development

GreenChoice Bank Earns Conditional Approval of Bank Charter

First “Green” Community Bank in Midwest Plans 2nd Half 2009 Opening - June 04, 2009 - GreenChoice Holding Company

CIO Finance Summit Announces Media Partnership with BankInfoSecurity.com

The CIO Finance Summit is pleased to name BankInfoSecurity.com a premiere media partner for the 2009 IT event that will gather leaders in the financial services industry. The CIO Finance Summit will launch August 30th-September 2nd, 2009 at the Four Seasons Resort in Scottsdale, AZ. The roster of... - June 04, 2009 - CDM Media

SmithStreetSolutions and ENHANCE International LLC Form Strategic Alliance

SmithStreetSolutions, one of the leading KPO firms in China, has announced a strategic alliance with ENHANCE International LLC, the leading management consultancy firm in the financial services industry. The two firms will initially focus their alliance on providing value-added services to the... - June 04, 2009 - smithstreetsolutions

YapStone Announces New Chief Financial Officer

YapStone, Inc., through its RentPayment™ and VacationRentPayment™ divisions, is the Country’s largest payment processor to the property market, focusing primarily on apartments, student housing, homeowner associations and other property-related markets. - June 03, 2009 - Yapstone, Inc.

Wood Fiber Costs Are Rising for Wood Pellets Manufacturers in Europe Because the Industry is Expanding Rapidly, Reports the Wood Resource Quarterly

The expanding wood pellet industry in Europe is increasingly relying on pulpwood and wood chips for its raw-material needs, as the supply of lower-cost sawdust cannot meet the fast rise in demand for wood fiber. The biomass sector is now competing with both the wood-based panel manufacturers and pulpmills for wood residues and logs, reports the Wood Resource Quarterly. - June 03, 2009 - Wood Resources International LLC

Small Business Loan Survival Guide and the Increasing Use of Guerrilla Financing Tactics

A small business loan report about business owners using guerrilla loan tactics to obtain business financing has been published by AEX Commercial Financing Group. The AEX report is designed to serve as a short survival guide for commercial borrowers when they are seeking commercial loans. The practical need for businesses to resort to guerrilla finance tactics has been accelerated by the decreased performance of commercial banks in providing effective small business finance funding. - June 03, 2009 - AEX Commercial Financing Group

Declinex Marketing Campaign Receives 2009 Gold Hermes Creative Awards

Capital Access Network Inc., parent company of AdvanceMe Inc. and PredictiFund Inc. and a leading provider of financial solutions, today announces that its “Declinex” marketing campaign is the recipient of a Gold Hermes Creative Award, an international awards competition for creative... - June 03, 2009 - AdvanceMe

New Ownership Repositions CAPS as Total Solutions Provider, Adds Managed Services, Data Storage, and Partner Program. IT & Operations Veteran Peter Messina Heads New Team

New Ownership Repositions CAPS as Total Solutions Provider, Adds Managed Services, Data Storage, and Partner Program. IT & Operations Veteran Peter Messina Heads New Team

Computer Alternative Processing Sites, Inc. (CAPS) new ownership repositions as a Total Solutions Provider, adding Managed Services, Data Storage Colocation, and a Partner Program with IT and Operations veteran Peter Messina heading the new management team. The first class IT infrastructure solutions provider also expands marketing, client support, and business development for large enterprise and SMB clients. - June 02, 2009 - Computer Alternative Processing Sites, Inc. (CAPS)

New Leaf Modifications Reaches a Major Loan Modification Milestone

New Leaf Modifications Inc., a Northern California residential loan modification company, is excited to announce a major milestone. Since the company’s inception, New Leaf Modifications has helped rescued over $80,000,000 million worth of troubled mortgages, keeping families from all over the... - June 01, 2009 - New Leaf Modifications

Intercontinental Mercantile Exchange (IMEX) Updates Revenue Outlook

Intercontinental Mercantile Exchange updated its revenue guidance for Q1 of fiscal year 2009 ended March 31, 2009 and provided revenue guidance for its second quarter of 2009. Based on preliminary information, revenue for the first quarter of fiscal 2009 exceeded the upper end of the previously... - May 31, 2009 - Intercontinental Mercantile Exchange

Intercontinental Mercantile Exchange Adopts Shareholder Rights Plan

Intercontinental Mercantile Exchange announced that its Board of Directors has approved the adoption of a stockholder rights plan. The rights plan is designed to encourage the fair treatment of IMEX stockholders in connection with attempts to acquire IMEX on terms or through tactics that could deny... - May 31, 2009 - Intercontinental Mercantile Exchange

The Knowledge Congress Has Scheduled a Live Webcast on FY2010 Budget Greenbook Proposes Sweeping Changes to the International Tax Provisions of the Internal Revenue Code

The Treasury Department's proposed FY2010 Budget "Greenbook" proposes sweeping changes to the international tax provisions of the Internal Revenue Code. These new proposals, if enacted, would result in the most broad reaching and fundamental changes to the international tax provisions in... - May 31, 2009 - The Knowledge Group

Marc J. Gerson, Member, Miller & Chevalier Chartered to Speak at KC’s Event on FY2010 Budget Greenbook on 08/13/09

The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts has announced today Marc J. Gerson, Member, Miller & Chevalier Chartered will speak at the Knowledge Congress’ upcoming webcast entitled: “FY2010 Budget Greenbook... - May 31, 2009 - The Knowledge Group

Intercontinental Mercantile Exchange (IMEX) Elects Johnny Grant to Its Board

The Board of Directors of Intercontinental Mercantile Exchange announced today that the company's shareholders have elected Johnny Grant to serve on its Board of Directors. Concurrent with Mr. Grant’s election, the Board was expanded from 9 to 10 directors. Mr. Grant is currently Senior... - May 31, 2009 - Intercontinental Mercantile Exchange

Robert E. Friedman, Counsel, Katten Muchin Rosenman LLP to Speak at KC’s Event on Form 1041 on 07/08/09

The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts has announced today that Robert E. Friedman, Counsel of Katten Muchin Rosenman LLP will speak at the Knowledge Congress’ webcast entitled: “Form 1041: How to Prepare an... - May 31, 2009 - The Knowledge Group

Mark S. Ritter, Tax Director, Compensation and Benefit Consulting Practice, Grant Thornton LLP to Speak at KC’s Event on 401(k) Plans on 08/20/09

The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts has announced today that Mark S. Ritter, Tax director, Compensation and benefit consulting practice, of Grant Thornton LLP will speak at the Knowledge Congress’ webcast... - May 31, 2009 - The Knowledge Group

Award-Winning Financial Planner Partners with Annapolis-Based Private Wealth Asset Management Firm to Create Hopkins Investment Management

An award-winning international financial planner and money manager is making his financial planning services available in America by co-founding Hopkins Investment Management in Annapolis. - May 30, 2009 - Hopkins Investment Management

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