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Financial Industry


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Financial industry submitting to sharia law

Would any of this be happening without the petro dollars? For more on sharia finance and the financial jihad being waged across the world check out: Do you own stock in companies that do business with state sponsors of terrorism? The Terror Finance Blog Shariah Finance Watch Terror Free Oil Initiative Divest Terror Initiative

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Financial Industry Lobbyists Keep Bankers' Hours

For every star-studded concert and poker tournament when the sun goes down over the Rockies, there are dozens of mundane corporate events during the day that resemble what goes on in Washington nearly every other day of the year. Such was the scene Tuesday at a daytime event sponsored by the Financial Services Roundtable, an influential alliance of the nation's biggest banks, insurers, mortgage...

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DIFC Seminar To Explore Opportunities In The Regional Funds Industry

The Dubai International Financial Centre (DIFC) will host an industry seminar to shed light on how financial services companies can unlock the vast opportunities emerging in the Middle East's funds and investment management sector.

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SE Financial Corp. Announces Third Quarter 2008 Results

PHILADELPHIA--(BUSINESS WIRE)--SE Financial Corp. (trading symbol:SEFL) (the “Company”), the holding company for St. Edmond

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Lehman Cuts May Presage More Bloodletting on The Street

Word of 1,500 job cuts at Lehman Brothers shows that on Wall Street, the ax keeps falling again and again. And as the financial industry limps from one bleak quarter to the next, bankers and traders who dodged painful layoffs in the past year wonder if their luck is running out.

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IMSA: SEC & FINRA to Address "Senior Protection" Insurance Issues at Compliance Best Practices Workshop

BETHESDA, MD (MARKET WIRE) U.S. Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) representatives will address senior suitability and seminar selling at the IMSA Compliance Best Practices Workshop in Scottsdale, AZ on September 10 - 12, 2008.

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Shareholders of Raymond James SB-1 Equity Fund Approve Reorganization into Exchange-Traded Fund

... Stock Exchange and most regional exchanges in the United States. It is also a member of the Financial Industry Regulatory Authority and the Securities Investor Protection Company. The firm is a wholly owned subsidiary of Raymond James Financial, Inc., a Florida-based holding company whose subsidiaries are engaged in various financial services businesses including brokerage,...

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Mitsubishi UFJ expected to raise stake in Acom

Mitsubishi UFJ Financial Group will spend over $910 million to raise its stake in consumer lender Acom to more than a third, two people in the financial industry with direct knowledge of the deal said.

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Fiserv MyMoney Banking Application Built on Facebook Platform Wins The Banker Technology Awards 2008 Retail Award for Online Innovation

BROOKFIELD, Wis.--(BUSINESS WIRE)--Fiserv, Inc. (NASDAQ: FISV), a leading provider of information technology services to the financial industry, announced that its MyMoney

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Centene Names President and CEO of Indiana Subsidiary

... of health plan business unit. Mr Rooney has more than 14 years of experience in the healthcare financial industry. Most recently, he was vice president of health plan finance for Centene, in which he provided leadership for the centralized finance and accounting departments. Previously, Mr Rooney held financial positions with Mercy Health Plans and Group Health Plans in St...

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Quest Analytics LLC Helps Bankers Generate Deposits at American Bankers Association Marketing Conference

PITTSBURGH--(BUSINESS WIRE)--While the financial industry continues to struggle through a challenging economy, many smaller banks and credit unions are thriving by using new strategies for

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Rise of Entrepreuship May Increase Wealth Disparities

... some innovations created by entrepreneurial activity can have destructive consequences, as the financial engineering that contributed to the global credit crunch demonstrated.” The period of intense financial innovation that accelerated in the present decade — fostered by entrepreneurial employees at all levels in the financial industry — ultimately generated vast profits....

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Selling a Free Lunch

... savings.All of these investors have accused Morgan Keegan of fraud in claims filed with the Financial Industry Regulatory Authority (Finra). Morgan Keegan declines comment.The mutual fund universe has 6,700 funds competing for attention, not counting money markets. They garner it by running glossy ads and distributing spiffy sales literature to brokers and financial planners....

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LenderLive Network Becomes Parent Company to Guardian Mortgage Documents

LenderLive Network Becomes Parent Company to Guardian Mortgage Documents Business process outsourcer rounds out service offerings with in-house doc prep DENVER--()--., a company that provides business process outsourcing and technology to the financial industry, announced this week it has purchased the assets of Colorado-based Guardian Mortgage Documents (GMD), which has provided document...

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Deloitte FSI Day 2008 slated

The Austrian Deloitte Financial Services Industry practice is hosting a free, day-long seminar on 11 September that will bring together leaders from a variety of industries to discuss the risks and opportunities facing financial institutions. Registration closes on 5 September.