| Business: Bank secures major account
A SWEDISH bank which has just opened its doors for business in Coventry city centre has secured the business of one of the area's most successful local house builders. Handelsbanken, which moved into its new Coventry office at 6 The Quadrant, beat off competition from the major banks to win the account of rapidly expanding Ian Neale Homes Ltd. The management team at Handelsbanken's Coventry office have excellent career track records with the UK's major banks but believe Handelsbanken with its emphasis on building personal relationships with its customers, will offer a different perspective in commercial banking to the local business community. The Swedish bank already has more than 600 branches worldwide and more than 40 in Britain. Ian Neale will be a customer of the new Handelsbanken Coventry branch.
Medium-term budget
In tabling the 2007 Medium Term Budget Policy Statement, we can affirm that economic growth and investment in public services are steadily bringing a better life to millions of South Africans. We can look back with pride on the course we chose in implementing our Reconstruction and Development Programme, because we can see the fruits of the new Constitutional order we built, of the transformation of policy and service delivery we undertook, of the tough decisions we made and the dedicated efforts of South Africans from all walks of life who have contributed to our social progress and economic renewal. Today is better than yesterday, and tomorrow will be better than today. We can assert this confidently because our progress is recorded and measured, and the facts speak louder than any rhetorical flourishes. Yet the message of today’s Budget Statement is not that we have reached our destination or that victory can be claimed.
Bridenap Denied
With their trial just weeks away, Lemuel and Julia Redd are looking to clear up what they say are misconceptions about the highly publicized case in which they are accused of kidnapping their daughter to keep her from getting married. • IN A CASE THAT HAS CAUGHT national attention, the Redds are accused of kidnapping their daughter to prevent her from getting married. Their daughter, Julianna Myers, has testified that on Aug. 4, 2006, the day before her wedding was scheduled, her parents took her to Grand Junction, Colo., against her will, after ostensibly picking her up to go shopping for wedding clothes. The Redds characterize the August 2006 incident as family matter that should not be the domain of the courts. The ride they took with their daughter to Colorado wasn't a kidnapping, they said, but rather a last-ditch attempt to speak frankly with her about her upcoming wedding and discuss a litany of concerns they had about her fiance, Perry.
(AFX UK Focus) 2007-11-19 07:29 GMT: G20 leaders seek exchange rate flexibility
KLEINMOND, South Africa (AP) - Finance leaders of the world's 20 biggest economies called Sunday for greater exchange rate flexibility from countries with large current account surpluses in an apparent reference to China. China, a member of the group known as the G20, had been expected to come under pressure at the group's two-day meeting in South Africa to re-value its tightly controlled yuan, which has remained stationary while other currencies, such as the Canadian dollar, the euro and Brazil's real, have soared. But France's finance minister, Christine Lagarde, said that in the group discussions "we did not specifically point a finger at any particular currency." Meanwhile, the new managing director of the International Monetary Fund, Dominique Strauss-Kahn, promised to resolve or make substantial progress within months on developing countries' two-year-old demands for a bigger voice in that institution.
Financial News: No Hiding Place For European Banks
All eyes have been on the banking turbulence in the U.S., where first Stan O'Neal, chief executive of Merrill Lynch, and then Charles Prince, his counterpart at Citigroup, were made to walk the plank. Rarely have so many bank chief executives fallen in such a short period and don't believe this is the end of the bloodletting. Merrill Lynch and Citigroup shares may have been trampled underfoot but they were not alone in the U.S. Morgan Stanley's stock fell from a high of $90 to $ 52, a decline of more than 40%. Poor John Mack, chairman and chief executive, who was beginning to look as if he could walk on water, must have been devastated to realize the share price is barely higher than when he took over in summer 2005. Don't worry, John, because others in North America are feeling equal pain.
FGB's First Wealth links with Royal Skandia to offer customised investment plans
First Gulf Bank (FGB), one of the UAE's leading financial institutions headquartered in Abu Dhabi, will distribute Royal Skandia's regular savings and lump sum investment plans through First Wealth, FGB's dedicated Wealth Management Services. Royal Skandia is part of Skandia International, the offshore cross border business of the Skandia Group. .
Webroot(R) Research Finding: Convenience Outweighs Caution for Online Holiday Shopping -- Lack of Concern for Internet ...
Webroot Software, Inc., a leading provider of Internet security software for the consumer, enterprise and SMB markets, today reported the results of its latest research, "State of Internet Security: Protecting Consumers Online." According to the report, shopping online is expected to increase worldwide this holiday season along with the threats to online shoppers. The report revealed that a surprisingly large number of Internet users are not taking the steps necessary to ensure their privacy and personal information while online shopping. This lack of precaution will put them at risk of becoming a victim of cyber crime. The report further discusses specific risks, how to identify them and how to protect against cyber threats. .
RDS SPECIAL: Jack Henry & Associates Announces Mobile Banking Solution JHA’s goDough introduced as firm’s new ...
Jack Henry's new goDough is a browser-based m-banking solution that is device and carrier independent, making it compatible with any web-enabled mobile phone, regardless of make or model, and with all mobile phone carriers, claims the company. With goDough, users can conduct traditional in-branch and online transactions such as balance inquiries, funds transfers between accounts, and transaction viewing. goDough is designed to support all account types, including checking, certificates-of-deposit, money markets, loans, and lines-of-credit. Jack Henry & Associates' proprietary solution will also enable users to initiate bank-to-bank funds transfers, receive designated alerts, and make mobile payments to entities other than the offering financial institution.
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Register with FEMA now if affected by fires
As the embers from the recent firestorms cool, people affected are starting to look ahead. As the embers from the recent firestorms cool, people affected are starting to look ahead. The first step to recovery is a simple phone call: 1-800-621-FEMA (3362). For the speech or hearing impaired, the number is 1-800-462-7585. These numbers will connect the caller with the Federal Emergency Management Agency (FEMA) telephone registration hotline. Operators are available 24/7 to register the applicant for assistance. Those with Internet access can apply online at www.fema.gov. FEMA registration starts the government disaster application process. People who have registered with the American Red Cross or other helping agencies must also register with FEMA if they want access to federal and state aid.
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