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LOUISVILLE--S.Y. Bancorp, Inc. , parent company of Stock Yards Bank & Trust Company, with offices in the Louisville metropolitan area, Indianapolis and Cincinnati, and S.Y. Bancorp Capital Trust II, today announced the sale by the Trust of 3,000,000 10% cumulative trust preferred securities, which represent preferred undivided interests in the assets of the Trust, at an offering price of $10 per preferred security. The offering, which includes 300,000 trust preferred securities to cover over-allotments, was underwritten by J.J.B. Hilliard, W.L. Lyons, LLC.
in Banking
via DBusinessNews.com @ 14:21 24th Dec
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WELLINGTON, Dec. 11 - ING Property Trust (the "Trust") announced today the unconditional sale of a further five properties for a total of $49.4 million. The properties are located in Hawkestone Street, Wellington, Garnett Avenue, Hamilton, McCormack Place, Wellington, The Strand, Parnell and Park Avenue, Grafton. All five sales are due to settle prior to the Trust's balance date of 31 March 2009.
in Banking
via Interactive Investor International @ 20:55 10th Dec
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WELLINGTON, Dec. 11 - ING Property Trust (the "Trust") announced today the unconditional sale of a further five properties for a total of $49.4 million. The properties are located in Hawkestone Street, Wellington, Garnett Avenue, Hamilton, McCormack Place, Wellington, The Strand, Parnell and Park Avenue, Grafton. All five sales are due to settle prior to the Trust's balance date of 31 March 2009.
in Banking
via Interactive Investor International @ 20:55 10th Dec
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The bidding will likely take place next week, with major domestic trust banks including Mitsubishi UFJ Trust and Banking and Sumitomo Trust & Banking expected to make bids for the firm
in Banking
via Livemint.com @ 10:07 30th Nov
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(RTTNews) - S.Y. Bancorp, Inc. (SYBT: News ) announced the proposed sale by the Trust of 2.7 million cumulative trust preferred securities, which represent preferred undivided interests in the assets of the Trust, at an offering price of $10 per preferred security.
in Banking
via RTTNews.com @ 8:47 5th Dec
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Corporate blogs rank at the bottom of the trust scale with only 16% of online consumers who read them saying that they trust them. Furthermore, the consumers who say they trust these blogs are the most likely to trust all other sources of information. Does this mean you should give up on corporate blogging ideas? No, but you certainly ought to be strategic about them. Blogs that talk mostly about your products often aren't worth the effort. But blogs make sense if they demonstrate thought leadership; fit into a larger groundswell strategy with communities, videos, or the like; or allow PR groups to respond to groundswell threats.
in Blog Watch
via Forrester @ 15:18 9th Dec
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Copernican Capital Corp. today announced the finalized consolidation ratio in connection with the special income distribution payable to unitholders ("Unitholders") of record of Copernican British Banks Fund (TSX: CBB.UN) (the "Trust") as at December 30, 2008. Unitholders of the Trust will receive a special income distribution on December 31, 2008 in the aggregate amount of $0.311846 per Trust unit ("Unit"). Such distribution will be paid by way of Units to all Unitholders, rather than by way of cash. Immediately following the Unit distribution, outstanding Units of the Trust will be consolidated on the basis of one Unit for every 1.225975 Units outstanding, such that after the consolidation of Units, the number of Units outstanding will be equal to the number of Units outstanding immediately prior to the Unit distribution.
in Banking
via Stockhouse Canada @ 14:33 2nd Jan
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Trust Digital, a provider of enterprise mobility management (EMM) solutions for government organizations and large businesses, may have done more for the iPhone’s adoption in enterprises than Apple's sub-par iPhone deployment tools have accomplished so far: Trust Digital's EMM lets companies secure and manage Windows Mobile, Symbian and Palm devices - and the newly added iPhone support marks the first time that a trusted IT infrastructure vendor recognized Apple’s smartphone. This means that businesses do not have to deal separately with Apple hardware and can rely on... Full Story...
in Handhelds
via IOL Technology @ 5:18 11th Dec
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MOSCOW, Dec 20 (MARKET WIRE) -- TRUST National Bank, one of the leading commercial banks in Russia, has completed the upgrade of its country-wide communications network with Cisco(R) (NASDAQ: CSCO) Unified Communications to offer highly secure, multi-functional digital telephony services. The Bank now boasts a resilient multiservice network infrastructure that helps reduce management and operational costs. The need for fast and reliable voice and data communications across a growing network of branches and customers necessitated an infrastructure upgrade to be able to offer a host of next generation services, such as multimedia conferencing and location agnostic presence, for improved customer service. "As one of the largest commercial banks in Russia, TRUST National Bank needs to ensure 24x7 access to the full range of banking services,
in Banking
via Reuters @ 19:37 20th Dec
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Ahmedabad (PTI): The copyright of Navjivan Trust on Mahatma Gandhi's writings expired on Thursday enabling other publishers, besides the Trust, to reproduce the same.
in IP & Patents
via The Hindu @ 12:09 1st Jan
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DENVER, Dec. 2 /PRNewswire-FirstCall/ -- DCT Industrial Trust Inc. (NYSE: DCT - News), a leading industrial real estate investment trust, today announced that Philip Hawkins, Chief Executive Officer, will make a presentation at the Wachovia Global Real Estate Securities Conference at the Palace Hotel in New York. The presentation is scheduled to begin at 8:45 a.m. Eastern time on Tuesday, December 9, 2008.
in Banking
via Yahoo! Canada @ 16:37 2nd Dec
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GRAND CAYMAN, Cayman Islands - (Business Wire) Investors Trust Assurance SPC, a global insurance company providing quality offshore wealth management solutions to international investors, today announced upgrades to its online security platform that ensures the safety and confidentiality of its clients’ financial transactions and personal data. Security upgrades include VeriSign’s Extended Validation SSL Certificate, KPMG’s Web Application Security Assessment, and the continuous vulnerability testing executed by McAfee SECURE. These actions taken by Investors Trust will continue to provide users a safe online experience.
in Computer Security
via Earthtimes.org @ 10:41 6th Jan
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Company Executives Have No Desire to Dilute Their Loyal Shareholders SAN DIEGO--(Business Wire)-- San Diego Trust Bank (OTCBB: SDBK), one of the most consistently profitable banks in the entire country over the past several years, announced today that it does not intend to apply for funds available through the Capital Purchase Program, part of the federal government’s now infamous Troubled Assets Relief Program, commonly referred to as “TARP”. San Diego Trust is one of the strongest capitalized financial institutions in all of Southern California, let alone, San Diego County. In fact, its capital ratios will still surpass those of most financial institutions in the region, even after they have received a capital injection from the government.
in Banking
via Reuters @ 9:32 8th Dec
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SAN LUIS OBISPO, Calif., Dec. 8, 2008 (GLOBE NEWSWIRE) -- The Board of Directors of San Luis Trust Bank (OTC BB:SNLS.OB - News) recently approved the Bank's application for the U.S. Treasury TARP funds. The Board of Directors has not yet decided if they will accept the funds if approved. However, in order to be eligible, the Bank had to submit its application by December 8, 2008. Many banks will decide not to take the funds -- along with the additional governmental strings and requirements. Since San Luis Trust Bank is already considered to be ``well-capitalized,'' accepting the TARP funds may be counter-productive to the long-run independence of the Bank. Within the next few weeks, the Board of Directors will make its final decision to either accept the TARP funds or withdraw its application.
in Banking
via Yahoo! Canada @ 14:19 8th Dec
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TOKYO: Citigroup plans to sell NikkoCiti Trust and Banking, its trust bank unit in Japan, as part of its global restructuring effort in a deal that could raise as much as Ą40 billion, the Japanese media reported Sunday.
in Banking
via International Herald Tribune @ 6:46 30th Nov
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US banking giant Citigroup, beset by the global financial turmoil, has decided to sell its Japanese trust banking unit NikkoCiti Trust and Banking, reports said Sunday.
in Banking
via Yahoo! Singapore @ 17:30 30th Nov
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US banking giant Citigroup, beset by the global financial turmoil, has decided to sell its Japanese trust banking unit NikkoCiti Trust and Banking, reports said Sunday.
in Banking
via Bangladesh Daily Star @ 17:39 30th Nov
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US banking giant Citigroup, beset by the global financial turmoil, has decided to sell its Japanese trust banking unit NikkoCiti Trust and Banking, reports said Sunday
in Banking
via Turkish Press @ 6:46 30th Nov
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US banking giant Citigroup, beset by the global financial turmoil, has decided to sell its Japanese trust banking unit NikkoCiti Trust and Banking, reports said Sunday.
in Banking
via SINA @ 6:47 30th Nov
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(RTTNews) - Citigroup Inc. (C) is reportedly planning to sell its trust bank in Japan, the NikkoCiti Trust and Banking Corp., as part of its efforts to raise cash through the sale of assets and other restructuring actions. The bank is expected to start receiving bids for the unit this week and raise an estimated yen 40 billion through the sale.
in Banking
via Quote.com United States @ 21:32 30th Nov
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