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Citigroup rolls out new credit card
US-based Citigroup has launched Citi Forward, a new credit card. The card has been designed to meet the specific financial needs and interests of today's consumers, the bank said.
Banking Business Review

Financial Services Stimulus: Xerox Helps KeyCorp Save Millions in Operating Costs
Gaining control of print infrastructure is an effective way to cut costs, prime for growth - - ROCHESTER, N.Y. -- Companies facing pressure to cut corporate expenses can follow KeyCorp's lead. The fina...
Webwire

Locke Joins TWFG as VP of Claims
The Woodlands Financial Group Inc. (TWFG), a retail and managing general agency headquartered in The Woodlands, Texas, has added Charles Locke as its new vice president of claims. Locke brings ...
Insurancejournal.com

New York Insurance Chief Dinallo`s U.S. Senate Testimony on AIG
Testimony by New York Insurance Superintendent Eric Dinallo to the United States Senate Committee on Banking, Housing and Urban Affairs Hearing on 'American International Group: Examining What ...
Insurancejournal.com

Investing Strategies with the Baltic Dry Index
Jonathan O'Shaughnessy submits:Investors are continuously searching for a leading indicator that would give good entry and exit signals and prevent investors from losing money. Today, it would be foolish for someone to claim that a reliable indicator exists. Even the famous Merton and Scholes, after the collapse of LTCM, agreed that there is no such crystal ball, especially given the current market. However, investors can rely on few financial indicators to measure the state of the global economy the same way lights at the cross road gives you the signal to stop or keep on driving.Two indices followed by most investors are the London Inter Bank Offered Rate ((LIBOR)) and the Baltic Dry Index ((BDY)). This article will take a look at the Baltic Dry Index since it is a bit more straightforward and easily digestible.Complete Story »
Seeking Alpha

Broadpoint to acquire Gleacher Partners
Broadpoint Securities Group, an investment bank, has entered into a definitive merger agreement to acquire Gleacher Partners, a financial advisory boutique.
Insurance-business-review.com

South Carolina Police Say Camera Helps Recover Stolen Cars
The police chief in North Charleston, South Carolina says a new camera system that can check license plates in an instant is so good at finding stolen cars and tags, he wants to set up a camera in ...
Insurancejournal.com

Judge Says AIG Claim Against Ex-CEO Greenberg`s Firm Can Proceed
A federal judge has rejected a bid to dismiss one of three remaining claims brought by AIG in a court battle against Starr International Co., a company controlled by former AIG Chief Executive ...
Insurancejournal.com

Digital lite media agencies will die
Media agencies have been warned that unless they fully embrace online media they will not survive the global financial crisis. Speaking at the AME Info Digital Marketing Conference in Dubai today, Mohammad Itani, digital director at Mediacom, said the credit crisis was forcing companies to be digital savvy. ?It?s ironic to see that because of [the financial crisis] online budget is going up. Any agency that doesn?t do online, that doesn?t do digital will go down.?
AME Info

Stanley Hartt Appointed Chairman of Macquarie Capital Markets Canada Ltd.
TORONTO, ONTARIO--(Marketwire - March 5, 2009) - Macquarie Group ('Macquarie') today announced the appointment of Stanley Hartt, O.C., Q.C., as Chairman of Macquarie Capital Markets Canada Ltd. The newly created full-time role reflects the continued expansion and breadth of Macquarie's advisory and capital markets activities in Canada, which will benefit from Mr Hartt's depth of experience in corporate and public life. Mr Hartt will be based in Toronto.Prior to joining Macquarie, Mr Hartt was Chairman of Citigroup Global Markets Canada Inc. and previously served as the Federal Deputy Minister of Finance and Chief of Staff in the Office of the Prime Minister. As Chairman of Macquarie Capital Markets Canada Ltd., Mr Hartt will work closely with Macquarie's senior management on developing new business and providing high-level strategic advice to Macquarie's key clients.
Marketwire

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