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Complex event processing reaches beyond capital markets

We tend to think of complex event processing as a trading-oriented technology, an engine that processes multiple streams of market data at very high speeds. But as Bank Technology News makes clear,... Read more...

Computer glitch at Sallie Mae

Sallie Mae has been upgrading its systems to better conform with that of the credit agencies, presumably to make reporting easier among other things. But it all backfired when an unspecified... Read more...

Press Releases

SLM Corporation Announces Cash Tender Offers for Certain Outstanding Notes

RESTON, Va.--(BUSINESS WIRE)-- SLM Corporation (NYSE:SLM), commonly known as Sallie Mae, today announced that it has commenced two separate modified “Dutch Auction” cash tender offers for its (i) Read more >>

Private Student Loan Rates Drop, Lending Terms Improve

BOSTON, Aug. 10 /PRNewswire/ -- After a few years of strict credit requirements and limited options, students this year have seen financial institutions once again offer private student loans. And Read more >>

SLM Corporation Announces Preferred Dividends

RESTON, Va.--(BUSINESS WIRE)-- SLM Corporation (NYSE:SLM), commonly known as Sallie Mae, today announced a 2010 fourth-quarter dividend on its Preferred Stock Series A of $0.87125 per share. The Read more >>

Sallie Mae Reports Second-Quarter 2010 Results

RESTON, Va.--(BUSINESS WIRE)-- SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, reported core earnings net income of $209 million ($.39 per diluted share) for the second quarter 2010, which Read more >>

SLM Corporation to Announce Second-Quarter 2010 Results on July 20, Host Earnings Call on July 21

RESTON, Va.--(BUSINESS WIRE)-- SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, today announced that it will release 2010 second-quarter earnings results after the close of the New York Read more >>