Business - Banking latest news

Key Retirement Solutions, an independent financial adviser engaged in equity release, has hired Terry Pritchard as the new managing director of key partnerships.

Invesco Trimark, an investment management company, has announced that it is reopening Trimark Global Endeavour Fund, Trimark Global Endeavour Class and Trimark Global Mid-Cap Equity Private Pool to new investors, effective immediately.

ING Direct has closed its public takeover offer for Interhyp, a Germany-basedindependent residential mortgage distributor.

Southwest Securities, a provider of investment and financial services and a member of the SWS Group, has appointed Maryrose Dombrowski as the new senior vice president and head of marketing for its clearing services division.

ConfiCasa Mortgage International has announced the official opening of its new division in Puerto Vallarta, Mexico during the fall of 2008.

Genworth Financial has announced the launch of its new wealth management division, Genworth Financial Wealth Management, by integrating two of its companies, AssetMark Investment services and Genworth Financial Asset Management.

Washington Mutual, a consumer and small business banking company, has entered into an agreement with Cardtronics to brand more than 70 ATMs in CVS/pharmacy stores in Georgia, US.

(19 August 2008) - Inspired leaders who champion reforms, mobilize resources and involve communities can play a key role in helping Asia meet its many water and sanitation supply challenges, said Xianbin Yao, Acting Director General of Asian Development Bank's Regional and Sustainable Development Department.