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Mon, 12 May 2008 09:49:00 GMT

BB&T Provides Three Facilities; Hires Commercial Finance Specialist

BB&T Commercial Finance provided a $6 million credit facility to a mortgage origination company in South Carolina, a $7 million credit facility to a mortgage brokerage company in Maryland, and a $4 million credit facility to a food exporter in Georgia.
Mon, 12 May 2008 09:49:00 GMT

S&P: U.S. Banks Likely to Survive Current Market Turmoil

U.S. banks and securities firms appear to have made it through the worst of the recent market turmoil, according to a new report from Standard & Poor's Ratings Services. In the report, titled, 'Rated U.S. Banks Likely To Weather Market Difficulties,' S&P
Mon, 12 May 2008 09:49:00 GMT

Wells Fargo Foothill Promotes Marasco to Lead Business Development Efforts

Wells Fargo & Company announced it has named Jim Marasco as senior managing director for its Wells Fargo Foothill unit. In his new role, Marasco will oversee the senior secured lender's new business efforts among its referral source community, especially
Mon, 12 May 2008 09:48:00 GMT

Wells Fargo, Scotiabank Sign Factoring Agreement

Wells Fargo & Company and Scotiabank reported that Wells Fargo will provide Scotiabank with factoring services through its Wells Fargo Century subsidiary and treasury services through its Global Correspondent Banking division. Factoring provides
Mon, 12 May 2008 09:46:00 GMT

Wells Fargo Foothill Promotes Marasco to Lead Business Development Efforts

Wells Fargo & Company announced it has named Jim Marasco as senior managing director for its Wells Fargo Foothill unit. In his new role, Marasco will oversee the senior secured lender's new business efforts among its referral source community, especially
Mon, 12 May 2008 08:12:00 GMT

Wachovia Securities American Gold Cup to Host Qualifier for FEI Children's International Jumping Final

- Stadium Jumping, Inc., the nation's oldest and most respected producer of quality equestrian competitions, announced that they will host one of only two United States qualifying events for the 2008 FEI Children's International Jumping Final. This
Mon, 12 May 2008 06:37:00 GMT

Bank of America Names Native Kansans to Wichita and Kansas President Roles

Wichita - WICHITA -- Bank of America Market President Executive Walter Elcock today announced two new key leaders for the company in Kansas. Diane Dickerson will serve as Kansas state president for the company while Shawn Lancelot will assume
Mon, 12 May 2008 04:06:00 GMT

Oracle, Citibank To Start Cash Management System

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Mon, 12 May 2008 03:07:00 GMT

Gilead Sciences to Present at the Bank of America 2008 Healthcare Conference on Tuesday, May 13

Webcast Available Through Gilead Corporate Website FOSTER CITY, Calif.-- (BUSINESS WIRE) -- Gilead Sciences, Inc. (Nasdaq:GILD) today announced that its corporate presentation will be webcast from the Bank of America 2008 Healthcare Conference in Las
Mon, 12 May 2008 01:14:00 GMT

Thompson Gives Up Chair at Wachovia

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Mon, 12 May 2008 00:38:00 GMT

History of the Burnham/PNC era should be researched, recorded

I fully support Mr Rakesh Rampertab?s contention that the history of banditry in the eighties (see below) ought to be researched, documented and published. It will be a tragic loss to history if the many events of the 1961 ? 1992 Guyanese era were to
Sun, 11 May 2008 22:58:00 GMT

Auto Affordability Best in Six Years Comerica Bank Chief Economist Reports

DETROIT, May 9 /PRNewswire-FirstCall/ -- The purchase of an average-priced new vehicle took 23.9 weeks of median family income in the first quarter, according to the Auto Affordability Index compiled by Comerica Bank. The latest reading is down 0.6 weeks
Sun, 11 May 2008 20:40:00 GMT

BioMimetic Therapeutics, Inc. to Highlight Corporate Activities at Bank of America Securities 2008 Healthcare Conference

FRANKLIN, Tenn.-- (BUSINESS WIRE) -- BioMimetic Therapeutics, Inc. (NASDAQ: BMTI) announced today that Larry Bullock, CFO, will provide an update of corporate activities at the Bank of America Securities 2008 Healthcare Conference. The presentation will
Sun, 11 May 2008 19:17:00 GMT

Regulator Orders Wachovia Compensation for Third-Party Scams

Regulator Orders Wachovia Compensation for Third-Party Scamsepaynews.com May 06 2008 : Following an 18-month investigation, the U.S Office of the Comptroller of the Currency (OCC) has directed Wachovia Bank to make restitution to consumers harmed by its
Sun, 11 May 2008 13:08:00 GMT

U.S. Bank Group Completes Phase One of Fraud Study

U.S. Bank Group Completes Phase One of Fraud StudyePaynews.com May 07 2008 : The Financial Technology Consortium (FSTC) says it has completed the first phase of a project to study transaction fraud across the entire financial services spectrum. The New
Sun, 11 May 2008 13:06:00 GMT

Alkermes' Corporate Presentation to be Webcast at the Bank of America Securities Health Care Conference

CAMBRIDGE, Mass.-- (BUSINESS WIRE) -- Alkermes, Inc. (NASDAQ: ALKS) announced today that its corporate presentation will be webcast live by Bank of America Securities on Wednesday, May 14, 2008 at 7:00 p.m. ET (4:00 p.m. PT). The presentation will be
Sun, 11 May 2008 12:34:00 GMT

Hologic to Present at the Bank of America Healthcare Conference

Hologic announced that Glenn Muir, Chief Financial Officer, will be presenting at the Bank of America Healthcare Conference being held May 13 - 15, at the Four Season Hotel in Las Vegas, NV. Interested parties are invited to listen to a live audio
Sun, 11 May 2008 09:32:00 GMT

Reliance Retail, Citibank to join hands for consumer finance

NEW DELHI: Mukesh Ambani Group company Reliance Retail and Citibank are understood to have agreed to float a joint venture for consumer finance. The two partners are believed to have decided on giving Sandeep Soni, who heads Citibank's new strategic
Sun, 11 May 2008 09:09:00 GMT

This Week's Financial Winners (BlackRock, Aflac) and Losers (Wachovia, AIG)

Our Financial Winners & Losers for the week: We've stopped counting the ways that BlackRock (BLK) has prospered from the credit crunch. The latest: the company will buy from UBS (UBS) at a steep discount. Here's one CEO who's not worried about
Sun, 11 May 2008 08:11:00 GMT

On the Record: John Stumpf, president and CEO, Wells Fargo & Co.

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Sun, 11 May 2008 06:38:00 GMT

Wachovia reorganizing real estate

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Sun, 11 May 2008 05:29:00 GMT

American Express leads the way in travel expense management with launch of Corporate Travel Account

INTERNATIONAL. Businesses in the Middle East will now be able to manage their travel expenses more efficiently and at reduced costs through Corporate Travel Account (CTA), an industry leading solution from American Express. This announcement was made
Sun, 11 May 2008 03:32:00 GMT

US Bank To Refer Clients To Tri-Pen For Reporting Solutions

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Sun, 11 May 2008 02:08:00 GMT

Asiana Launches New American Express Card

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Sun, 11 May 2008 02:06:00 GMT

Wachovia splits chairman, CEO roles

Ken Thompson has been relieved of his role as chairman of Wachovia, and will now occupy his time running the day-to-day operations of the Charlotte, N.C.-based financial firm. The role of chairman has been separated from that of chief executive, dividing
Sat, 10 May 2008 23:04:00 GMT

KBW Hires Banking Trio From Wachovia

KBW Inc. (KBW), an investment bank specializing in financial services, launched a dedicated real estate investment banking effort and hired a trio of former Wachovia Securities employees. Michael Hawkins, Robert Woomer and Christopher Hanley started this
Sat, 10 May 2008 22:56:00 GMT

Wachovia separates chairman, CEO positions

Wachovia Corp. on Thursday stripped Chief Executive Ken Thompson of his chairman role in a move that separates the top management position from the top oversight role. The Charlotte-based bank named its lead independent director, Lanty Smith, to the
Sat, 10 May 2008 22:29:00 GMT

Wachovia Splits Chairman, CEO Functions

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Sat, 10 May 2008 21:21:00 GMT

Brookdale to Present at Bank of America 2008 Health Care Conference on May 14

NASHVILLE, Tenn., May 9 /PRNewswire-FirstCall/ -- Brookdale Senior Living Inc. today announced that management will make a presentation regarding the Company at the Bank of America 2008 Health Care Conference to be held at the Four Seasons at Mandalay
Sat, 10 May 2008 20:56:00 GMT

TranS1 Inc. to Present At the Bank of America 2008 Health Care Conference

(PRIME NEWSWIRE) -- TranS1 Inc. (Nasdaq: TSON) announced today that Richard Randall, Chief Executive Officer, is scheduled to present at the Bank of America 2008 Health Care Conference at The Four Seasons Hotel, Las Vegas, Nevada on Wednesday, May 14,
Sat, 10 May 2008 19:20:00 GMT