Financial Services News

Financial Services Industry News and Information

February 7th, 2007

PepsiCo CEO to add chairwoman to title


Hampton Roads Daily Press – Triad Hospitals Inc. said Monday that it agreed to be taken private in a $4.7 billion sale to an affiliate of Goldman Sachs and a firm spun off from JPMorgan Chase & Co. The Triad announcement comes on the heels of hospital giant HCA Inc.’s sale to

Ahead of the Bell: Hanover/Universal
Forbes – While JPMorgan Securities analyst Kevin G. Pollard said the merger will save well more than $50 million, he doesn’t think it will save as much as the stocks’ gains suggest. He estimated combining the companies will generate $350 million to $400

Australian Central Bank Probably Will Keep Key Rate at 6.25%
Bloomberg – 25% 6.00% Goldman Sachs 6.25% 6.25% 6.00% Grange Securities 6.25% 6.25% 6.50% HSBC Australia 6.25% 6.25% 6.25% ICAP Australia 6.25% 6.25% 6.00% IDEAglobal 6.25% 6.25% 6.25% JPMorgan

Credit Suisse Phila. office wants a slice of wealth pie
Philadelphia Inquirer – Before that, Jaffe, who received a master’s degree in business administration from the Wharton School, had been a managing director and region head for JPMorgan Private Bank in Philadelphia. Credit Suisse’s local offices are likely to be in

JPMorgan Chase edges BofA as No. 1 U.S. credit card issuer
Delaware Online – JPMorgan Chase & Co. s credit-card portfolio increased 6 percent in the second half of last year, passing rival Bank of America Corp. and making Chase the biggest U.S. issuer, according to the Nilson Report. Chase Card Services managed MasterCard

February 6th, 2007

Reliance telco unit nets US$1b

February 6th, 2007

FLORIDA BUSINESS BRIEFS

February 6th, 2007

Banks Appeal Ruling Allowing Enron Investors to Sue as Class

February 6th, 2007

Pakistan Bonds, Best in Asia, Lose Favor Amid Attacks (Update2)

February 6th, 2007

Babies anchor Olympic yachtie

February 5th, 2007

JP Morgan says China growth worth paying for

February 4th, 2007

Yen Gains as European Officials May Complain Japan’s Currency Is Too

February 4th, 2007

Delta to get exit financing

February 4th, 2007

Ahead of the Bell: Kellogg