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Huge fine for financial adviser: related news

Huge fine for financial adviser

A firm of independent financial advisers, the Thinc Group, has been fined £900,000 for poor record-keeping when selling sub-prime mortgages.

The Globe and Mail names Wellington Financial site one of the "Best Financial Blogs"

TORONTO, May 6 /CNW/ - Canada's National Newspaper, The Globe and Mail, announced earlier today that it had rated Wellington Financial's corporate blog as one of the 25 best financial blogs. Wellington Financial LP is a Toronto-based, privately held specialty finance firm. Launched in 2006, Wellington Financial's blog attracts more than 400,000 hits each month. Its corporate blog is available at www.wellingtonfund.com/blog.

Fine Art Capital Changes Its Name to Emigrant Bank Fine Art Finance, Effective May 27, 2008

Fine Art Capital, LLC today announced that it has changed its name to Emigrant Bank Fine Art Finance, LLC. The new title highlights the company's affiliation with Emigrant Bank, the largest privately held bank in the country. Emigrant Bank Fine Art Finance's sole business is making loans collateralized by art and antiques. Its staff, headquarters location, and ownership remain unchanged.

Authernative Granted U.S. Patent

Authernative, Inc., developer of user and transaction authentication and identity management technologies, announced that the United States Patent & Trademark Office has granted the company a patent for a private and secure financial transactions method. The patent describes an enhanced security and fraud protection system, which enables financial account holders to perform secure financial transactions with or without disclosing private financial or personal information to merchants or sellers. The method describes a transaction-processing architecture for performing secure in-person, offline, online, or mobile financial transactions with the direct participation of the account holder's financial account. The patent also introduces a random partial PIN/password recognition algorithm to authenticate the account holder.

Mitsubishi Electric Announces Consolidated and Non-Consolidated Financial Results...

Mitsubishi Electric Announces Consolidated and Non-Consolidated Financial Results for Fiscal 2008 TOKYO--(Business Wire)-- Mitsubishi Electric Corporation (President and CEO: Setsuhiro Shimomura) announced today its consolidated and non-consolidated financial results for fiscal 2008 (April 1, 2007 - March 31, 2008). -0- *T Consolidated Financial Results ---------------------------------------------------------------------- Net sales: 4,049.8 billion yen (5% increase from the previous fiscal year) Operating income: 267.2 billion yen (15% increase from the previous fiscal year) Income before income taxes: 226.6 billion yen (23% increase from the previous fiscal year) Net income: 157.9 billion yen (28% increase from the previous fiscal year) *T -0- *T Non-consolidated Financial Results --------------------------------------------------------

Blue Nile Names Marc Stolzman Chief Financial Officer

SEATTLE -- Blue Nile, Inc. today announced that Marc Stolzman will join the Company as Chief Financial Officer effective June 9, 2008. Stolzman brings twenty years of extensive financial and retail experience to his new role and will be a key member of the management team. As CFO, Stolzman will be responsible for all aspects of Blue Nile's finance function, including accounting and financial reporting, financial planning and analysis, tax, treasury and investor relations. Stolzman will report to Diane Irvine, Chief Executive Officer.

Fine Art Capital Changes Its Name to Emigrant Bank Fine Art Finance, Effective May 27, 2008

NEW YORK - (Business Wire) Fine Art Capital, LLC today announced that it has changed its name to Emigrant Bank Fine Art Finance, LLC. The new title highlights the company

Administrative and Financial Domain Technical Committee Call for Particpation - Supply Chain Inventory Experts Administrative and Financial Domain Technical Committee

Administrative and Financial Domain Technical Committee Call for Particpation - Supply Chain Inventory Experts Administrative and Financial Domain Technical Committee

Financial Ombudsman Service annual review of personal finance disputes

The Financial Ombudsman Service - the independent organisation that settles disputes between consumers and financial companies - has published its annual review for the 2007 / 08 financial year. The review shows that during the year, the ombudsman:

24/7 Wall St. Buys Financial Blogs: The BioHealth Investor, Volume Spike

Financial blog 24/7 WallSt. says it has acquired various other financial blogs including The Biohealth Investor and Volume Spike. The deals sound like acq-hires, as the company touts the opportunity to provide the site’s writers with greater financial backing as well as more exposure via 24/7’s established position. By adding some blogs to its roster in specific verticals, it looks like the site may come to resemble the early iteration of SeekingAlpha, which divided its content between specific sites like TheChinaStockBlog and TheInternetStockBlog, before adopting its current platform approach. Deal terms were not disclosed. Statement.

Original Disney Fine Art Paintings, Free Disney Gift with Purchase & Free Shipping

SandersArtStudio.com, an authorized Disney Fine Art Gallery, is offering one (1) free Disney Fine Art Pin with each purchase of any Disney Fine Art Giclee or Original Painting

SingTel IP VPN - FSI Financial Services Institutions

Organizations in the financial services industry can gain significant business benefits from IP VPN deployments. Not only are financial services organizations information-intensive, their operations are also widely distributed within their branches, agencies and remote offices. IP VPN technology, with its inherent benefits, can enable Financial Services Institutions (FSI) to reduce their operational expenses while increasing network performance and quality of service offered to both internal and external customers. This is achieved by the availability of secure and reliable data networking in the face of a changing industry landscape. Read this white paper to learn more.

SingTel IP VPN - FSI Financial Services Institutions

Organizations in the financial services industry can gain significant business benefits from IP VPN deployments. Not only are financial services organizations information-intensive, their operations are also widely distributed within their branches, agencies and remote offices. IP VPN technology, with its inherent benefits, can enable Financial Services Institutions (FSI) to reduce their operational expenses while increasing network performance and quality of service offered to both internal and external customers. This is achieved by the availability of secure and reliable data networking in the face of a changing industry landscape. Read this white paper to learn more.

SingTel IP VPN - FSI Financial Services Institutions

Organizations in the financial services industry can gain significant business benefits from IP VPN deployments. Not only are financial services organizations information-intensive, their operations are also widely distributed within their branches, agencies and remote offices. IP VPN technology, with its inherent benefits, can enable Financial Services Institutions (FSI) to reduce their operational expenses while increasing network performance and quality of service offered to both internal and external customers. This is achieved by the availability of secure and reliable data networking in the face of a changing industry landscape. Read this white paper to learn more.

Q1 2008 financial results and patent litigation updates by Affinity Technology Group Inc

Affinity Technology Group Inc (OTCBB:AFFI), which licenses certain patents related to technologies that enable financial institutions and other businesses to provide consumer financial services electronically, disclosed on 20 May its financial results for the first quarter ended 31 March 2008.

Shares hit by fears of financial turmoil http://ftalphaville.ft.com/blog/2008/06/27/14124/shares-hit-by-fears-of-financial-turmoil/?source=rss http://ftalphaville.ft.com/blog/2008/06/27/14124/shares-hit-by-fears-of-financial-turmoil/ I

anheuser-busch bank of america barclays berkeley group Bradford & Bingley calpers candover carlyle citi Clive Cowdery countrywide cqs credit suisse deutsche bank Expro federal reserve fortis glg goldman sachs Halliburton hbos Idea Cellular InBev J-Power john thain lansdowne merrill lynch Och-Zif resolution Royal Bank of Scotland Shanxi Securities Spice Communications tci tony pidgley ubs Virgin Green Fund Wolverhampton City Council

Blue Nile Designates Marc Stolzman Chief Financial Officer - Update [NILE]

5/6/2008 4:51:26 PM Tuesday, after the bell, Blue Nile, Inc. (NILE), an online retailer of diamonds and fine jewelry, announced the appointment of Marc Stolzman as the company's new Chief Financial Officer with effect from June 9, 2008. Stolzman is a veteran with two decades of extensive financial and retail experience and will be an important member of the management team.

UC Irvine Offers Elective in Personal Financial Planning

IRVINE, Calif. (May 28, 2008) – The University of California, Irvine Extension announces plans to offer a new online elective course as part of its Personal Financial Planning Certificate Program, a Certified Financial Planner Board of Standards, Inc.-registered program, designed to help students obtain the Certified Financial Planner® (CFP) designation. Held online beginning June 30 through Sept. 12.

Fine Art Capital Changes Its Name to Emigrant Bank Fine Art Finance, Effective May 27, 2008

NEW YORK--(BUSINESS WIRE)--May 27, 2008--Fine Art Capital, LLC today announced that it has changed its name to

*YAHOO! SAYS GOOGLE DEAL ENHANCES STRATEGIC PLAN [XFNA]

NEW YORK (Thomson Financial) - Chuck Mikolajczak cm COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. MMMM

*YAHOO: GOOGLE DEAL SUPERIOR TO MICROSOFT HYBRID DEAL [XFNA]

NEW YORK (Thomson Financial) - Chuck Mikolajczak cm COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. MMMM

*YAHOO: SEES $250-$450M IN INCREMENTAL OP CASH FLOW IN 1ST YR FROM GOOGLE DEAL [XFNA]

NEW YORK (Thomson Financial) - Chuck Mikolajczak cm COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. MMMM

*INFOGRAMES ENTERTAINMENT TO ACQUIRE ATARI [XFNA]

SAN FRANCISCO (Thomson Financial) - Gabriel Madway gm COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. MMMM

MOMENI CO-SPONSORS STUDENT ART CONTEST WITH FINE RUGS OF CHARLESTON CARLSDADT, NJ - Momeni with co-sponsor Fine Rugs of Charleston have named Cassie Schmitt the winner of the first annual Student Art contest. Schmitt, a first semester Interior Design

Left to right: Olga Odeide, Fine Rugs of Charleston; prize-winner Cassie Schmitt; Marlys Giordana, director of marketing and product development for Momeni; Hadi Sattari, senior account executive for Momeni, and Aria Momeni, a principal of Momeni.

Desert Schools Cites Investor Privacy Suit in SEC Letter

WASHINGTON — Responding to feedback on a Securities and Exchange Commission proposal involving protecting the privacy of a consumer’s financial information, Desert Schools Financial Services cited its own pending lawsuit against a former financial adviser.


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