Provident New York Bancorp announced today the completion of its previously announced acquisition of Sterling Bancorp, which became effective after the close of business on October 31, 2013. The combined company, known as Sterling Bancorp, will trade on the New York Stock Exchange under the new ticker symbol “STL”. With assets of nearly $7 billion, the company will specialize in serving small-to-middle market commercial and consumer clients across the greater New York metropolitan area. In connection with the acquisition, Sterling National Bank merged with Provident Bank. Provident Bank has converted to a national bank charter and has adopted the Sterling National Bank name.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/64222-provident-new-york-bancorp-completes-merger-with-sterling-bancorp
This week, Saxo Bank is unveiling a behind-the-scenes campaign to show day to day life inside the Copenhagen-based online trading and investment bank.
In a new global campaign, called “Number one. Just like you”, the founders and joint CEOs of Saxo Bank, Kim Fournais and Lars Seier Christensen, will launch a series of videos showing unseen and authentic everyday processes inside the Bank. With unprecedented access to the heart of the Bank, the highly respected film director, Kasper Torsting, has followed the two founders of Saxo Bank for the past 4 months to see firsthand life inside the Bank.
To view Multimedia News Release, go to http://www.multivu.com/mnr/64997-saxo-bank-founders-one-campaign
With an estimated 1.2 billion young people between the ages of 15 and 24, the vast majority of them living in developing countries, youth are both a policy and political priority for many countries around the world. These numbers represent major development challenges, but also great opportunity.
Youth are particularly vulnerable to economic problems. They often do not have access to savings accounts, credit, or insurance due to lack of education and employment. Governments are aware of this and many are working to make it easier for young people to access financial services so they can transition smoothly into adulthood.
To view Multimedia News Release, go to http://www.multivu.com/mnr/56883-cgap-changing-mindsets-on-youth-opportunity-and-financial-services
Providing further evidence of economic recovery throughout the nation, an Experian trends analysis of new mortgages and bankcards from Q1 2013 showed a 16 percent year-over-year increase in mortgage origination volume and a 20 percent increase in bankcard limits. Other insights offered by Experian, the leading global information services company, include evidence of a strong rebound in the Midwest as well as unprecedented lows in bankcard delinquencies.
To view Multimedia News Release, go to http://www.multivu.com/mnr/55343-experian-bank-card-and-mortgage-originations-credit-trends-analysis
Ukraine’s PrivatBank has released a conceptual video showing how the bank’s mobile applications will be used in the nearest future after the launch of Google Glass.
The video shows how Google Glass will be used to pay bills by taking pictures of them, transfer money by giving voice commands, withdraw money or pay for purchases by reading QR codes, and even refuel.
PrivatBank explains that it has created numerous mobile applications which already can be used to do what is shown in the video.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/61903-privatbank-google-glass-mobile-app
Ally Bank’s suite of customer–centric products and features expands this month to include the second generation of Ally Mobile Banking apps–featuring customers’ most–requested capabilities–including Ally eCheck Depositsm, Bill Pay, and fund transfers to and from external banking institutions.
The updated mobile banking app, available for Android™ and iPhone®, and mobile banking website (m.ally.com) continue to offer customers all of its original features: the ability to check balances, search transaction history, transfer money between Ally Bank accounts, see current call wait time, and find nearby ATMs and cash–back locations.
To view Multimedia News Release, go to http://www.multivu.com/mnr/59070-ally-bank-mobile-apps-android-iphone-atm-cash-back-locator-echeck-deposit
Ally Bank, the direct banking subsidiary of Ally Financial Inc., today launched a new advertising campaign highlighting its leading customer service approach and the ease of banking with Ally. The latest ads illustrate Ally Bank’s understanding of innate consumer skepticism when it comes to banking, in general, and aim to debunk common misconceptions consumers may have about Ally’s direct banking model, in particular.
To view Multimedia News Release, go to http://www.multivu.com/mnr/63401-ally-bank-new-ad-campaign-ease-of-banking-customer-service
An Experian analysis of bankcard trends from Q2 2013 showed a 21 percent year-over-year increase in bankcard origination volumes, equating to a $12 billion increase in new bankcard limits issued. Other insights offered by Experian, the leading global information services company, include record lows in early-stage bankcard delinquencies.
To view Multimedia News Release, go to http://www.multivu.com/mnr/60907-experian-analysis-shows-bankcard-origination-volumes-increasing-21-percent
At Munich’s real estate exhibition last week, Russia’s leading e-commerce company, Ulmart, hosted a “working breakfast” to discuss the nuances and intricacies of investing in Russia today during times of heightened international tension.
The topic, “Making the Case for Star Investment Projects in Russia”, featured Ulmart’s chairman and majority shareholder Dmitry Kostygin; Andrew Kaye, Managing Director and Co-Head of Technology Banking, William Blair International; Calin Anton Business Development Director Russia & CIS, Astron; and, Tim Millard, Regional Director, Head of Consulting Services at Jones Lang LaSalle, Russia.
A lively discussion kicked off about how some in the investment community tend to focus—even obsess—on macro realties at a state-to-state level ignoring many truly interesting project; precisely the types of projects that keep most of the world’s economies developing positively from cycle to cycle.
To view the multimedia release go to:
http://www.multivu.com/players/English/7660751-ulmart-russian-investment-update/
Chase Card Services, a division of JPMorgan Chase & Co. [NYSE: JPM], today announced the launch of the new Chase Ultimate RewardsSM website developed to meet the changing needs of Chase cardholders and deliver a more personalized experience. According to a recent survey Chase conducted in partnership with Mercator Advisory Group, 35 percent of consumers surveyed ranked an attractive rewards program ahead of other factors like interest rates and credit line when selecting which credit card to use most. Additionally, the survey found that 55 percent of consumers surveyed said that, as a rule, they try to use a credit card with rewards that are relevant to them.
To view the Multimedia News Release, go to: http://www.multivu.com/players/English/7328251-chase-launches-new-website-offering-enhanced-personalized-rewards/
Nuage Networks™, an Alcatel-Lucent (Euronext Paris and NYSE: ALU) venture focused on software defined networking (SDN) solutions, has today announced an open software-based solution to address the key datacenter network constraints that limit cloud services adoption. The Virtualized Services Platform (VSP) will allow healthcare, banking, utilities and other enterprise market segments, as well as webscale companies – large Internet-based companies – and telecom service providers, to scale their cloud offers and provide instant, secure connectivity to multiple customers.
To view Multimedia News Release, go to http://www.multivu.com/mnr/60963-alcatel-lucent-nuage-networks-virtualized-services-platform-cloud-solution
