Commerce Bank and TD Banknorth Motivated Kids to Read 150 000 Books During Summer Vacation: related news

Commerce Bank and TD Banknorth Motivated Kids to Read 150,000 Books During Summer Vacation

CHERRY HILL, N.J. and PORTLAND, Maine, Oct. 10 /PRNewswire/ -- More than 15,000 kids from Maine to Florida participated in Commerce Bank and TD Banknorth's 2008 Summer Reading Program, having read at least 150,000 books over the course of their summer vacations. Commerce Bank and TD Banknorth rewarded these young readers by depositing a total of $150,000 into their savings accounts.

Pacific Commerce Bank Reports 8th Consecutive Profitable Quarter

LOS ANGELES (Business Wire) -- Pacific Commerce Bank (OTCBB:PFCI) announced financial results today for the third quarter ended September 30, 2008. Net income for the quarter was $166,000 compared to $63,000 for the same quarter in 2007. The increase was attributable to $319,000 increase in net interest income offset by $278,000 increase in non-interest expense, $105,000 decrease in provision for loan losses, and $54,000 reduction in income tax benefits. Operating income before loan loss provision, stock options expense, and income tax benefits increased $53,000 to $273,000 compared to $220,000 for the third quarter in 2007.

Prosperity Bank(R) to Acquire All Deposits of Franklin Bank From FDIC

the parent company of Prosperity Bank(R), announced that as of the close of business today Prosperity Bank will assume approximately $3.7 billion of deposits, including all uninsured deposits, from the Federal Deposit Insurance Corporation (FDIC), acting in its capacity as receiver for Franklin Bank. The FDIC was named receiver of Franklin Bank SSB. The FDIC entered into a purchase and assumption agreement with Prosperity Bank, which paid a premium to ensure that all deposits of Franklin Bank, both insured and uninsured, were transferred to Prosperity Bank. Beginning Saturday, November 8th, Prosperity Bank will provide banking services to Franklin Bank's former customers. Prosperity results from this acquisition as a Texas based bank holding company with over one-hundred seventy (170) banking locations across the state of Texas.

Video B-Roll via On-Demand and Satellite - Welcome To TD Bank, America's Most Convenient...

Video B-Roll via On-Demand and Satellite - Welcome To TD Bank, America's Most Convenient Bank(R) - Official Unveiling Of New TD Bank Sign WASHINGTON, DC, Nov. 1 /PRNewswire-FirstCall/ - The following B-Roll is available at the listed times and co-ordinates: Live Satellite Coordinates: DATE OF FEED: November 1, 2008 TIME OF FEED: 3:30 PM EDT - 4:00 PM EDT CO-ORDINATES: Horizons2/K20 - 36Mhz Dwn: 12180.00 V URL/Download Coordinates: DATE: November 1, 2008 TIME: 5:30 PM EDT here 108 Please contact broadcast@newswire.ca to gain immediate access. CNW's On-Demand service provides broadcast quality footage to accredited journalists worldwide. STORY SUMMARY: Starting November 1, Commerce Bank and TD Banknorth stores in the mid-Atlantic, metro Washington, D.

Comerica Bank Announces $200,000 Grant to Oakland Business Development Corporation...

Comerica Bank Announces $200,000 Grant to Oakland Business Development Corporation for Loans to Small Businesses Celebration of Oakland Businesses at New Comerica Banking Center Features Mayor Ron Dellums, Rep. Barbara Lee, and Chinese Lion Dance Troupe OAKLAND, Calif., Oct. 29 /PRNewswire-FirstCall/ -- Comerica Bank announced a $200,000 grant to the Oakland Business Development Corporation for loans for small businesses. (Logo: here) The announcement was made Oct. 28 by Mike Fulton, president and CEO of Comerica Bank's Western Market at the bank's new Oakland banking center, which opened in August at 12th Street and Broadway in downtown Oakland. "It's all about forging community partnerships," Fulton told business and community leaders, bank executives and small business owners who had gathered at the new Comerica Bank banking center in

Stearns Bank N.A. Acquires All Insured Deposits of Alpha Bank & Trust in Alpharetta,...

Stearns Bank N.A. Acquires All Insured Deposits of Alpha Bank & Trust in Alpharetta, Georgia ALPHARETTA, Ga., Oct. 24 /PRNewswire/ -- Effective October 24, 2008 at 4:00 p.m. EDT, Stearns Bank N.A. headquartered in St. Cloud, Minnesota acquired all insured deposits of Alpha Bank & Trust located in Alpharetta & Marietta, Georgia. Insured depositors of Alpha Bank & Trust will automatically become depositors and customers of Stearns Bank and will retain uninterrupted services and access to their accounts. Stearns Bank is an independently owned financial institution established in 1912, under current ownership since 1964. Stearns Bank has grown to more than one billion dollars in assets with locations in St. Cloud, Edina, Albany, Holdingford, and Upsala, MN, along with Scottsdale, AZ.

Standard Bank Group Limited - Standard Bank Group Basel II Disclosure as

SBK - Standard Bank Group Limited - Standard Bank Group Basel II Disclosure as at June 2008 Standard Bank Group Limited Incorporated in the Republic of South Africa Registration number 1969/017128/06 JSE share code: SBK NSX share code: SNB ISIN ZAE000109815 ("Standard Bank Group") STANDARD BANK GROUP BASEL II DISCLOSURE AS AT JUNE 2008 Standard Bank Group was required to comply with Basel II from 1 January 2008. In terms of the disclosure requirements under Basel II, comprehensive semi-annual and annual disclosures are required. The semi-annual disclosure for Standard Bank Group, based on June 2008 information, will be published on 10 October 2008 on the Standard Bank website, at the following link: http://www.standardbank.co.za/site/investor/int2008_analysis.

Reuters Summit-UPDATE 2-TD Bank to boost stake in Ameritrade

By Jonathan Spicer NEW YORK, Nov 12 (Reuters) - Toronto-Dominion Bank will increase its stake in online broker TD Ameritrade Holding Corp to 45 percent from 40 percent, the chief executive of the Canadian bank said on Wednesday. 'We will go to 45 percent,' Ed Clark, speaking at the Reuters Global Finance Summit, said of TD Bank's option to boost its stake by January. When asked if TD Bank would eventually take full control of the discount brokerage, Clark said it is unlikely that Joseph Ricketts, the founder of Ameritrade who with his family owns about 22 percent, would sell. '(Ricketts) likes his stake in the company, and I don't think he's given us any indication that he would want to sell,' Clark said. Both Clark and Ricketts sit on TD Ameritrade's board.

BayernLB bank first to apply for government aid

The regional bank BayernLB has applied for 5.4 billion euros in state aid, becoming the first bank in Germany to take advantage of a 500-billion euro government-backed rescue plan that came into force on Monday. The bank ran into trouble due to risky investments in the United States. An association representing more than 400 savings banks, including seven state banks, is also discussing aid packages with the government. The maximum amount a bank can apply for is ten billion euros. Salaries of top bank managers will be capped at 500,000 euros per year, and executive bonuses and dividends will be banned during the recapitalisation period. Several major banks including the Deutsche Bank have said they will not need assistance.

Federal Home Loan Bank of Atlanta Announces Third Quarter 2008 Operating Highlights

ATLANTA, Nov. 14 /PRNewswire/ -- Federal Home Loan Bank of Atlanta (the Bank) today released the results for the quarter ended Sept. 30, 2008. As of Sept. 30, 2008, the Bank had total assets of $213.7 billion, an increase of $24.8 billion, or 13.1 percent, from Dec. 31, 2007. This increase was primarily a result of increases in advances, federal funds sold, and held-to-maturity securities. Advances, the largest asset on the Bank's balance sheet, increased by $21.4 billion, or 15.0 percent, during this same period due to increased demand for advances during the last month of the third quarter as the Bank responded to its members' increased need for liquidity. The Bank reported a net loss of $46.1 million for the third quarter of 2008, a decrease of $179.

Nokia Reaffirms its Commitment to TD-SCDMA

MACAU, China, November 19 /PRNewswire-FirstCall/ -- Nokia (NYSE: NOK) today reaffirmed its commitment to TD-SCDMA at the Mobile Asia Congress in Macau. Mr. Colin Giles, President of Nokia China, said at the event: "Nokia firmly supports the development of TD-SCDMA. Our goal is to not only develop TD-SCDMA products that can deliver outstanding user experiences to consumers, but also to work with operators, chipset providers, developers and all parties along the value chain to support the creation of a vibrant TD-SCDMA ecosystem in China." Nokia has started the development of a TD-SCDMA device based on S60 on Symbian OS, and plans to launch the product before the end of 2009. Nokia's S60 TD-SCDMA device will enrich the TD-SCDMA device portfolio for Chinese consumers, and promote the development of TD-SCDMA in China.

Volga Universal Bank renamed Flexinvest Bank

MOSCOW. Oct 20 (Interfax) - Volga Universal Bank changed its name to Flexinvest Bank and re-registered its domicile to Moscow from Samara, the bank's owner, UK-based direct investment fund Aurora Russia Limited, said in a statement. Flexinvest Limited LLC, an Aurora Russia subsidiary, purchased 100% of Volga Universal Bank in April 2008 for 4.52 million pounds sterling and an investment of 1.87 million pounds in the bank's current operations. Aurora Russia chief James Cook was named to head the bank. Flexinvest's financial products will be sold by Creditmart, a financial products supermarket created by Aurora Russia. The Aurora Russia fund was founded to invest in Russian companies operating on financial and retail services markets. Its shares are quoted on the alternative investment section of the London Stock Exchange.

2008 Global Broadband - M-Commerce, E-Commerce & E-Payments

This annual report offers a wealth of information on the trends and developments taking place in the worldwide m-commerce and c-commerce sectors. The report provides analyses of the issues surrounding the growth of e-commerce, including e-banking, e-payments and online advertising. Information on mobile commerce developments are also provided, including m-payments and m-banking. Comprehensive information on the exciting developments taking place on a regional level is included along with statistics and forecasts for both the e-commerce and m-commerce sectors.

Hybris and Portaltech launch QuickLive Commerce for SME market at E-Commerce Expo

London - 16 October 2008. hybris, a leading multi-channel communication and commerce software vendor, and its strategic partner Portaltech, will be unveiling QuickLive Commerce, their joint proposition to the UK SME market, at E-Commerce Expo 2008 to be held at Olympia, London, from 28/ 29 October 2008. Long Tall Sally, the UK's leading fashion retailer for tall women and the first organisation to select QuickLive Commerce as its preferred e-Commerce platform, will highlight the key factors that influenced its decision to invest in QuickLive Commerce at a seminar on the first day of the Expo, focusing on the challenges it faces in growing its online channel and expanding its global presence in the long term.

Hybris and Portaltech launch QuickLive Commerce for SME market at E-Commerce Expo Leading UK online retailer Long Tall Sally to talk about the benefits of this solution

London - 16 October 2008. hybris, a leading multi-channel communication and commerce software vendor, and its strategic partner Portaltech, will be unveiling QuickLive Commerce, their joint proposition to the UK SME market, at E-Commerce Expo 2008 to be held at Olympia, London, from 28/ 29 October 2008. Long Tall Sally, the UK's leading fashion retailer for tall women and the first organisation to select QuickLive Commerce as its preferred e-Commerce platform, will highlight the key factors that influenced its decision to invest in QuickLive Commerce at a seminar on the first day of the Expo, focusing on the challenges it faces in growing its online channel and expanding its global presence in the long term.

HYBRIS AND PORTALTECH LAUNCH QUICKLIVE COMMERCE FOR SME MARKET AT E-COMMERCE EXPO 08

London – 16 October 2008. hybris, www.hybris.com, a leading multi-channel communication and commerce software vendor, and its strategic partner Portaltech (www.portaltech.co.uk), will be unveiling QuickLive Commerce, their joint proposition to the UK SME market, at E-Commerce Expo 2008 (www.ecommerceexpo.co.uk ) to be held at Olympia, London, from 28/ 29 October 2008. Long Tall Sally (www.longtallsally.com), the UK’s leading fashion retailer for tall women and the first organisation to select QuickLive Commerce as its preferred e-Commerce platform, will highlight the key factors that influenced its decision to invest in QuickLive Commerce at a seminar on the first day of the Expo, focusing on the challenges it faces in growing its online channel and expanding its global presence in the long term.

HYBRIS AND PORTALTECH LAUNCH QUICKLIVE COMMERCE FOR SME MARKET AT E-COMMERCE EXPO 08

London – 16 October 2008. hybris, www.hybris.com, a leading multi-channel communication and commerce software vendor, and its strategic partner Portaltech (www.portaltech.co.uk), will be unveiling QuickLive Commerce, their joint proposition to the UK SME market, at E-Commerce Expo 2008 (www.ecommerceexpo.co.uk ) to be held at Olympia, London, from 28/ 29 October 2008. Long Tall Sally (www.longtallsally.com), the UK’s leading fashion retailer for tall women and the first organisation to select QuickLive Commerce as its preferred e-Commerce platform, will highlight the key factors that influenced its decision to invest in QuickLive Commerce at a seminar on the first day of the Expo, focusing on the challenges it faces in growing its online channel and expanding its global presence in the long term.

REG-CAM GLOBAL FINANCE S.A.UNIPERSONAL FRN Variable Rate Fix

LONDON--(Business Wire)-- -0- *T As Agent Bank, please be advised of the following rate determined on: 10-Nov-2008 Issue ¦ CAM Global Finance S.A. Unipersonal - Series 10 GBP 300,000,000.00 FRN Due 08-Feb-2012 ISIN Number ¦ XS0285473319 Common Code / 144A ¦ 28547331 ISIN Issue Nomin GBP ¦ 300,000,000.00 Period ¦ 10-Nov-2008 to 09-Dec-2008 Payment Date 09-Dec-2008 Number of Days ¦ 29 Rate ¦ 4.57125 Denomination GBP ¦ 50,000.00 ¦ 300,000,000.00 ¦ Amount Payable per ¦ 181.60 ¦ 1,089,585.62 ¦ Denomination Bank of New York Rate Fix Desk Telephone ¦ 44 1202 689580 Corporate Trust Services Facsimile ¦ 44 1202 689601 *T CAM GLOBAL FINANCE S.A.UNIPERSONAL Copyright Business Wire 2008

HDFC Bank buying Catholic Syrian?

Is HDFC Bank close to buying Catholic Syrian Bank? The bank vehemently denies such a development, but financial industry sources say the Aditya Puri-led tech-savvy bank, which has already folded in Centurion Bank and through it, the erstwhile Bank of Punjab, could be hungry for the south-based bank to consolidate its nationwide hold. This could be the best time to go shopping as banks with stronger balance sheets seek size and scale.

Central bank to allow loans to more institutions

The Bank of Canada said it will allow a wider range of financial institutions and funds to tap the central bank for loans in a bid to ensure smoother operation of money markets. The central bank said yesterday that instead of just banks being able to get loans, any federally or provincially regulated institution "which can demonstrate significant activity in the Canadian dollar wholesale money markets" can turn to the Bank of Canada for money. The cash will be made available as part of the central bank's purchase-and-resale operations, which are essentially short-term loans of two or four weeks. The loans are secured by collateral that's handed over to the Bank of Canada for the duration of the deal. The idea is to allow money market funds or pension funds that have sudden needs for cash to turn to the Bank of Canada rather than having to

Central bank to allow loans to more institutions

The Bank of Canada said it will allow a wider range of financial institutions and funds to tap the central bank for loans in a bid to ensure smoother operation of money markets. The central bank said yesterday that instead of just banks being able to get loans, any federally or provincially regulated institution "which can demonstrate significant activity in the Canadian dollar wholesale money markets" can turn to the Bank of Canada for money. The cash will be made available as part of the central bank's purchase-and-resale operations, which are essentially short-term loans of two or four weeks. The loans are secured by collateral that's handed over to the Bank of Canada for the duration of the deal. The idea is to allow money market funds or pension funds that have sudden needs for cash to turn to the Bank of Canada rather than having to

Central bank to allow loans to more institutions

The Bank of Canada said it will allow a wider range of financial institutions and funds to tap the central bank for loans in a bid to ensure smoother operation of money markets. The central bank said yesterday that instead of just banks being able to get loans, any federally or provincially regulated institution "which can demonstrate significant activity in the Canadian dollar wholesale money markets" can turn to the Bank of Canada for money. The cash will be made available as part of the central bank's purchase-and-resale operations, which are essentially short-term loans of two or four weeks. The loans are secured by collateral that's handed over to the Bank of Canada for the duration of the deal. The idea is to allow money market funds or pension funds that have sudden needs for cash to turn to the Bank of Canada rather than having to

Kuwaiti bank's chairman resigns over steep losses

The chairman of Gulf Bank resigned yesterday following the Kuwait bank's steep losses on derivatives, and the new chairman later announced the bank no longer deals in the financial instruments. Reportedly as high as 200 million dinars ($954.5-million), the loss prompted the Kuwait Central Bank to halt trading of the bank's shares Sunday, which sent shock waves through the Kuwait Stock Exchange and other Gulf markets. It also raised fears Kuwait had finally been hit by the global financial meltdown. Gulf Bank - the second-largest bank in the tiny Persian Gulf country - accepted the resignation of Bassam al-Ghanem as chairman, managing director and board member yesterday. He was replaced by his brother. GBK (Kuwait) fell 40 dinar to 950 dinar.

Kuwaiti bank's chairman resigns over steep losses

The chairman of Gulf Bank resigned yesterday following the Kuwait bank's steep losses on derivatives, and the new chairman later announced the bank no longer deals in the financial instruments. Reportedly as high as 200 million dinars ($954.5-million), the loss prompted the Kuwait Central Bank to halt trading of the bank's shares Sunday, which sent shock waves through the Kuwait Stock Exchange and other Gulf markets. It also raised fears Kuwait had finally been hit by the global financial meltdown. Gulf Bank - the second-largest bank in the tiny Persian Gulf country - accepted the resignation of Bassam al-Ghanem as chairman, managing director and board member yesterday. He was replaced by his brother. GBK (Kuwait) fell 40 dinar to 950 dinar.

SBR - SBR003 - The Standard Bank Of South Africa - Notice is hereby given that

SBR - SBR003 - The Standard Bank Of South Africa - Notice is hereby given that The Standard Bank of South Africa Limited has issued a 5 Year Retail Deposit Note SBR003 which shall yield a floating quarterly coupon of 3- month Jibar plus 0.30%. THE STANDARD BANK OF SOUTH AFRICA LIMITED Stock Code: SBR003 ISIN Code: ZAE000128195 Notice is hereby given that The Standard Bank of South Africa Limited has issued a 5 Year Retail Deposit Note SBR003 which shall yield a floating quarterly coupon of 3-month Jibar plus 0.30%. The Retail Deposit Note is listed on the JSE Limited effective from 5 November 2008 under the Other Securities Sector. Details of the issue are: * Settlement date: 5 November 2008 * Total issued: ZAR 220,000,000 * Total notes in issue: 2,200,000 * Maturity date: 5 November 2013 * Coupon: 3-month JIBAR + 30 basis points payable

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