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CLEVELAND_United Technologies Corp. on Monday dropped its unsolicited $2.6 billion bid to buy ATM manufacturer Diebold Inc., which had frustrated UTC because it wouldn't discuss the offer and delayed releasing its financial information.
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After shutting down its origination services for six months, Lending Club Corp. has started them up again and has developed the first U.S. secondary market in peer-to-peer lending.
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FRAUDSTERS have been siphoning off millions of pounds from British bank accounts using doctored chip-and-pin machines.
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HDX Named Exclusive Canadian Retail Distributor of eCOM Gift Card MasterCard(R) and Reloadable eCOM Prepaid MasterCard(R) Cards [Market News Publishing Canada] Market News Publishing
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MasterCard, a provider of payment processing solutions, has appointed Jackson Tai to its board of directors. With this appointment, the MasterCardboard of directors returns to a full complement of nine Class A directors and three directors representing the financial institutions that own MasterCard Class M shares. Mr Tai joins the MasterCard board as a Class M director. He is the former vice chairman and CEO of DBS Group and DBS Bank, having served as CEO from until. He joined DBS Group as CFO, and subsequently served as president and COO until his appointment as CEO.Prior to joining DBS Group, Mr Tai was a managing director in the investment banking division at JP Morgan & Company, where he served 25 years and held several management positions in New York, Tokyo and San Francisco. Richard Haythornthwaite, chairman of the MasterCard board of directors, said: "Jackson is an accomplished financial services executive, and his deep knowledge of our industry and global experience, particularly in Asia , will greatly benefit MasterCard."
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NEW YORK & SEATTLE--(BUSINESS WIRE)--October 8, 2008--Chase and WaMu customers are already finding 14,000 reasons to like the Sept. 25 combination that created the #1 U.S. bank in deposits.
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MasterCard Worldwide has launched a new program, MasterCard Savings, which is claimed to provide debit MasterCard and eligible prepaid MasterCard cardholders with many significant merchant-funded discounts and special offers each day from merchants across the US.
October 15