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Citigroup Repayment May Have to Wait

Trading
Dec 07, 2009
Citibank has a 10-day window of opportunity in which to raise funds to repay the U.S. government $20 billion in TARP loans, sources close to the bank said.

Microsoft Names Joe Pagano Worldwide Managing Director for Banking and Capital Markets

banking
Dec 07, 2009
Microsoft veteran most recently managed sales team for strategic Global Financial Services accounts.

CNA's CIO Ray Oral Drives Reinvestment in the Business

Insurance
Dec 07, 2009
CNA CIO Ray Oral is directing increased IT spending to areas such as systems consolidation and analytics for distribution and underwriting decision support.
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News

Bank of America Merrill Lynch Enhances Canadian Algos

Bank of America Merrill Lynch has enhanced its algorithmic trading platform for Canadian equities with several new algorithms available to Canada and other changes to deliver improved execution performance.

Numerix Launches Trader Applications

Numerix has launched a suite of Numerix trader workbook applications including Numerix FX Trader, Numerix Rates Trader and Numerix Credit Trader.

Memento's New Check Fraud Prevention Solution Aims to Reduce Analyst and Investigator Workloads

Memento Security"Check Fraud produces fewer fraud alerts with no reduction in detection rates, vendor says.

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