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1 - UBS Investment Bank Hires Michael Ostow as Managing Director and Head of North American Insurance Banking
NEW YORK-(Business Wire)-September 29, 2009 - UBS Investment Bank today announced that Michael Ostow will join its Investment Banking Department (IBD) as a Managing Director and Head of North American Insurance. He will be based in New York and report jointly to Gary Howe and Halle Benett...
2 - First Chester County Corporation Announces Third Quarter Dividend
WEST CHESTER, Pa.-(Business Wire)-September 29, 2009 - The Board of Directors of First Chester County Corporation (OTCBB:FCEC), parent company of First National Bank of Chester County, declared a regular third quarter cash dividend of $0.14 per share to shareholders of record as of September 1...
3 - Javelin Survey: As Mobile Banking Heads for Explosive Growth, Consumers Rank Simplicity, Security Supreme
SAN FRANCISCO-(Business Wire)-September 29, 2009 - With 86 percent of American adults owning a mobile handset, mobile banking is poised for explosive growth. Currently 36 million adults are using mobile banking (smartphone users – 18% of Americans – are the heaviest users), but by 2014 that...
4 - SolarCity and U.S. Bank Expand Fund to Finance Solar Projects
FOSTER CITY, Calif. & MINNEAPOLIS-(Business Wire)-September 29, 2009 - SolarCity® and U.S. Bancorp Community Development Corporation (USBCDC) today announced that they have doubled the size of their fund to finance solar projects. The fund, originally announced in June, will be expanded to...
5 - Research and Markets: This Essential Banking Industry Scouting Report is Now Available
DUBLIN-(Business Wire)-September 29, 2009 - Research and Markets has announced the addition of the "Banking Industry Scouting Report" report to their offering. The Banking Industry Scouting report is designed to be a resource for executive and sales professionals in the technology and services...
6 - First BanCorp Announces Changes in Senior Management and Board of Directors
SAN JUAN, Puerto Rico-(Business Wire)-September 28, 2009 - First BanCorp (the “Corporation”) (NYSE: FBP) announced today the appointment of Mr. Aurelio Alemán, currently Senior Executive Vice-President and Chief Operating Officer, as President and Chief Executive Officer of the Corporation. Mr...
7 - SECU’s Bridge Account Eases Members into Investing by Providing No-Risk Earnings
RALEIGH, N.C.-(Business Wire)-September 25, 2009 - State Employees’ Credit Union’s (SECU’s) Bridge account, introduced in 2007, is helping transition savers into investors. The account provides an avenue for saving without the risk of loss associated with the stock market, by offering the...
8 - Newsweek Ranks Wells Fargo Greenest Bank in U.S.
SAN FRANCISCO-(Business Wire)-September 25, 2009 - Wells Fargo & Company (NYSE:WFC) announced today that it ranks number one among banks and insurance companies – and thirteenth overall – in Newsweek magazine’s inaugural Green Rankings of the country’s 500-largest companies. “A healthy...
9 - Union Bank Opens First Branch in Texas
SAN FRANCISCO-(Business Wire)-September 25, 2009 - Union Bank, N.A., has established its first Texas branch at 500 N. Akard Street, Suite 4200, in Dallas, Texas. The branch opened on September 25, 2009. Union Bank has been operating in Texas since 1985, providing commercial loans and project...
10 - Metro Bancorp, Inc. Announces Pricing of Common Stock Offering
HARRISBURG, Pa.-(Business Wire)-September 25, 2009 - Metro Bancorp, Inc. (NASDAQ Global Select Market: METR) announced today that it has priced a public offering of 6,250,000 shares of its common stock to the public at $12.00 per share. The Company also granted the underwriters a 30-day option to...
11 - The South Financial Group Announces Dates for 3rd Quarter 2009 Earnings Release and Conference Call
GREENVILLE, S.C.-(Business Wire)-September 25, 2009 - The South Financial Group, Inc. (NASDAQ: TSFG) announced it will release third quarter 2009 earnings on Tuesday, October 20, 2009 after the market closes. The press release and quarterly financial data supplement will be available at that time in...
12 - First Bancshares, Inc. Announces Fourth Quarter Fiscal 2009 Results
MOUNTAIN GROVE, Mo.-(Business Wire)-September 24, 2009 - First Bancshares, Inc. (NASDAQ - FstBksh:FBSI), the holding company for First Home Savings Bank (“Bank”), today announced earnings for the fourth quarter and for its fiscal year ended June 30, 2009. For the quarter ended June 30, 2009, the...
13 - IBC - Commerce Bank’s CEO Ignacio Urrabazo Jr. Appointed To FDIC Advisory Committee on Community Banking
LAREDO, Texas-(Business Wire)-September 24, 2009 - Commerce Bank President and CEO Ignacio Urrabazo Jr. has been appointed to the Federal Deposit Insurance Corporation (FDIC) Advisory Committee on Community Banking. Urrabazo, the only Texan on the committee, along with the other members, will...
14 - Invesco AimSM Web Site Earns High Marks From DALBAR
HOUSTON-(Business Wire)-September 24, 2009 - Invesco Aim today announced that its public web site, www.invescoaim.com, was No. 3 in DALBAR’s recent e-Delivery Promotions on the Web Report, in the Ranking of Effectiveness category, which gauged how well financial services firm web sites promoted...
15 - BV Financial, Inc. Announces Date of Annual Meeting
BALTIMORE-(Business Wire)-September 24, 2009 - BV Financial, Inc. (OTCBB:BVFL) today announced that its annual meeting of stockholders will be held at Bay-Vanguard Federal Savings Bank’s Arundel Mills branch, Hanover, Maryland on Tuesday, November 3, 2009 at 3:00 p.m., local time. BV Financial...
16 - Union Bank and KCET Honor Los Angeles and Orange County Latinos as Local Heroes
LOS ANGELES-(Business Wire)-September 24, 2009 - In celebration of Hispanic Heritage Month, Union Bank and KCET will honor five exceptional Latinos from Los Angeles and Orange County with the 2009 Local Heroes Award for their outstanding community service. This year’s honorees are: Judge Rudolph...
17 - Harland Financial Solutions Launches PhoenixEFE™ to Help Institutions Unify Their Entire Enterprise
LAKE MARY, Fla.-(Business Wire)-September 24, 2009 - After a two-year development effort, Harland Financial Solutions today unveiled Phoenix Extended Financial Enterprise (PhoenixEFE™), an integrated enterprise software platform for U.S. banks, savings institutions and credit unions. PhoenixEFE...
18 - Wells Fargo Launches Customer-to-Customer Mobile Banking Money Transfers – Simple and Secure Way to Send Funds to Family and Friends
SAN FRANCISCO-(Business Wire)-September 24, 2009 - Wells Fargo & Company (NYSE:WFC) today announced its new mobile customer-to-customer payment option, which allows Wells Fargo customers to transfer money to each other via the Wells Fargo MobileSM Banking service. “More and more Americans are...
19 - John F. Woods to Join Union Bank as Vice Chairman; Will Succeed David I. Matson as Chief Financial Officer
SAN FRANCISCO-(Business Wire)-September 23, 2009 - UnionBanCal Corporation and its primary subsidiary, Union Bank, N.A., today announced that John F. Woods will join the Company as Vice Chairman, Financial Management Group, effective October 13, 2009. Woods will succeed Vice Chairman and Chief...
20 - BFC Financial Corporation to Fully Participate in BankAtlantic Bancorp’s Proposed Rights Offering
FORT LAUDERDALE, Fla.-(Business Wire)-September 23, 2009 - BankAtlantic Bancorp (NYSE:BBX) announced today that BFC Financial Corporation (Pink Sheets: BFCF) has provided notification of its intent to fully participate in BankAtlantic Bancorp’s previously announced rights offering by exercising...
