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News

Morgan Stanley, Smith Barney benefits held up by IT

When it comes to mergers, integration at the technology level can make the difference between success and failure. In the case of Morgan Stanley and Smith Barney, the merger may have been dealt a... Read more...

Say goodbye to the CheckFree name

CheckFree has been around forever, or so it seems. But the name will disappear soon as Fiserv plans retire the name--long recognized as an electronic bill payment pioneer--in favor of the parent... Read more...

Will SOA save bank mergers?

There have been some historic mergers struck in the last year or so. Just look at JPMorgan Chase-Bear Stearns, Bank of America-Countrywide, Bank of America-Merrill Lynch and Wells Fargo-Wachovia--not... Read more...

BONY depending on savvy Mellon integration

The merger of the Bank of New York and Mellon Financial was a big deal in the custodial industry, creating an instant power. At the time, technology was thought to be one of the biggest areas of... Read more...

Press Releases

S.A. Fabrica de Produtos Alimenticios Vigor Announces Commencement of Consent Solicitation

SAO PAULO, Sept. 1 /PRNewswire/ -- S.A. Fabrica de Produtos Alimenticios Vigor ("Vigor" or the "Issuer") announced today that it is soliciting consents from the holders of U.S.$100.0 million in Read more >>

The SEC Announces the Creation of a $150 Million Bank of America Corporation Fair Fund

WASHINGTON, Sept. 1 /PRNewswire-USNewswire/ -- A New York federal judge gave final approval to Bank of America Corporation's Settlement with the U.S. Securities and Exchange Commission. Pursuant to Read more >>

OneCalifornia Bank to Acquire ShoreBank Pacific and Provide Growth Capital To Extend Beneficial Banking From California to

OAKLAND, Calif.--(BUSINESS WIRE)-- Today OneCalifornia Bank and ShoreBank Pacific announced the signing of a stock purchase agreement for the acquisition of ShoreBank Corporation’s Pacific Northwest Read more >>

Towers Watson Reports Fourth Quarter Adjusted EPS of $0.90

Expect Fiscal 2011 Adjusted EPS of $3.95 to $4.10 NEW YORK--(BUSINESS WIRE)-- Towers Watson (NYSE, NASDAQ: TW), a leading global professional services company, today announced financial results for Read more >>

Life Quotes, Inc. Announces Completion of Tender Offer for Shares of Life Quotes, Inc. by LQ Acquisition, Inc.

Offer Price of $4.00 in Cash per Share for Public StakeDARIEN, Ill., Aug. 13 /PRNewswire-FirstCall/ -- Life Quotes, Inc. (Nasdaq: QUOT) announced today the completion of the tender offer by LQ Read more >>