Expansion Includes Increased Lending to Larger Customer Base LONDON — January 17, 2013 – Wells Fargo & Company (NYSE: WFC), the leading commercial real estate lender in the U.S., today announced the expansion of its Commercial Real Estate capabilities in the United Kingdom. The expanded London-based Wells Fargo team will better serve the needs of […]
Discover Home Loans Helps Cardmembers Looking to Buy or Refinance a Home to Start the New Year Off on the Right Foot RIVERWOODS, Ill.–(BUSINESS WIRE)–Jan. 16, 2013– Discover Home Loans wants to help Discover cardmembers start the year off right by helping them receive cashback on appraisal deposits for either a home purchase or mortgage […]
‘Great Rotation’ to Equities From Bonds Gets Under Way Tuesday, January 15, 2013 – Global investors have entered 2013 in buoyant but not yet exuberant mood, according to the BofA Merrill Lynch Fund Manager Survey for January. The new year sees asset allocators assigning more funds to equities than at any time since February 2011, […]
Signature debit program delivers superior value to bank, its clients RIVERWOODS, Ill. & BIRMINGHAM, Ala–(BUSINESS WIRE)–Jan. 14, 2013– Discover has joined with Cadence Bank to create the new Cadence Bank Debit Card powered by Discover Debit. The new card will be issued to all of the bank’s debit cardholders during the second quarter of 2013. […]
Branch Produces As Much Energy As It Consumes FORT LAUDERDALE, Fla., Jan. 14, 2013 /PRNewswire/ – PNC Bank announced today the opening of its new net-zero energy bank branch. PNC expects this branch, which is the company's most energy-efficient, to use 50 percent less energy than a typical bank branch and exceed LEED® (Leadership in Energy […]
NEW YORK–(BUSINESS WIRE)–Jan. 11, 2013– Loews Corporation (NYSE: L) has hired Robert Gendelman as a Senior Portfolio Manager and Head of Equity Investments. Gendelman has more than 20 years of experience in the financial services industry and has a proven track record as a value investor. Most recently, Gendelman was Chief Investment Officer for RG […]
Friday, January 11, 2013 – U.S. Trust today released its 2013 market outlook, saying while aggressive monetary policy has been the most important catalyst for stabilization and rising asset prices in the past few years, fiscal policy transparency will take the lead in 2013. Combined with a continued easing monetary policy and improving economies both […]
Leah Henderson Transitions to Special Advisor to the President HOUSTON–(BUSINESS WIRE)–Jan. 9, 2013– PULSE, one of the nation’s leading debit/ATM networks, promoted Mike Urquizu to Senior Vice President, Sales and Account Management. Urquizu’s new responsibilities involve managing and directing the company’s sales and business development activities. He reports directly to PULSE President Dave Schneider. Prior […]
Jamie Forese and Manuel Medina-Mora appointed Co-Presidents New York – January 7, 2013 – Chief Executive Officer Michael Corbat today announced the roles and responsibilities of the members of his management team and appointed Jamie Forese and Manuel Medina-Mora as Co-Presidents of Citi. Mr. Forese will be responsible for all of Citi’s Institutional businesses, and […]
All-in-One Card Combines Industry’s Top Features with Premiere Customer Experience RIVERWOODS, Ill.–(BUSINESS WIRE)–Jan. 2, 2013– Discover Financial Services today announced the national launch of Discover it TM, a no annual fee credit card which offers cardmembers the rewards and service for which the company is known, while providing a unique combination of features, benefits and […]