| South Africa: Standard to Raise Transaction Charges
Standard Bank would increase its transactional bank charges an average 4,65% from January, its CEO for personal and business banking for SA, Sim Tshabalala, said yesterday. Tshabalala said charges on transaction products would rise 4,33% while those for savings and investment products would be increased 1,9%. Charges on the bank's Mzansi and E-Plan products would rise 2,3% and 4,4%, respectively. .
PNC Vice Chairman to Speak at BancAnalysts Association of Boston Conference
PITTSBURGH, Nov. 1 /PRNewswire-FirstCall/ -- The PNC Financial Services Group (Nachrichten), Inc. announced today that Vice Chairman William S. Demchak will discuss the company's strategy and business performance at the BancAnalysts Association of Boston Conference in Boston on Thursday, November 8 at 2:00 p.m. (EST). Internet Access: Live webcast accessible at http://www.pnc.com/investorevents Presentation Materials: Presentation slides will be included as part of the webcast, and presentation handouts will be available on PNC's Web site prior to the start of the webcast Replay Information: Available on PNC's Web site for 30 days The PNC Financial Services Group, Inc. (http://www.pnc.com/) is one of the nation's largest diversified financial services organizations providing retail and business banking; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global fund services.
St George best business bank
ST GEORGE Bank has thrashed the majors in the business banking service ranks, particularly Commonwealth Bank of Australia (CBA), which continued to lag the pack, a survey says. Regional banks were rated better business bankers by their customers than the big four in a monthly survey for October of 850 customers by consultant East & Partners. On a scale from one to 10, the best ranked banks were the regionals, which were pooled together in the survey and received a collective score of 6.54. St George came second with a score of 6.05. National Australia Bank got the best score out of the majors of 5.61, while CBA came last with 4.14. "Arguably, these figures are fairly ordinary,'' East & Partners senior manager Robert Morgan said. "At the top end you've got 6.54, but that's only just over the medium point of five.'' Mr Morgan said the increasing competitiveness and complexity of business banking had made customers more discerning.
J.D. Power and Associates Reports: While Small Businesses are Particularly Profitable, Banks Struggle to Satisfy These ...
Banks struggle to satisfy small business customers, as these customers tend to be more difficult to please compared with the average retail banking customer, according to the J.D. Power and Associates 2007 Small Business Banking Study(SM) released today. .
Executive Items
Marissa Lehigh and Robert Lucas have joined SGA Architecture LLC as project managers. Lehigh holds a bachelor's degree in architecture from the University of Kentucky. Previously she was an architectural assistant at Ian Springford Architects in Edinburgh, Scotland. Lucas holds a master's degree in architecture from Clemson University. He has more than seven years of experience in architecture. Banking Kevin Williams and Kay Rode have joined First Reliance Bank. Williams is vice president, business banker. He has more than 10 years of banking experience. He holds bachelor's and master's degrees in business administration from The Citadel and is a graduate of the South Carolina School of Banking at the University of South Carolina. Rode joins the Mount Pleasant branch as a mortgage loan specialist.
St George blitzes big banks
ST GEORGE Bank has thrashed the majors in the business banking service ranks, particularly Commonwealth Bank of Australia, a survey says. Regional banks were rated better business bankers by their customers than the big four in a monthly survey for October of 850 customers by consultant East & Partners. On a scale from one to 10, the best ranked banks were the regionals, which were pooled together in the survey and received a collective score of 6.54. St George came second with a score of 6.05. National Australia Bank got the best score out of the majors of 5.61, while CBA came last with 4.14. "Arguably, these figures are fairly ordinary,'' East & Partners senior manager Robert Morgan said. "At the top end you've got 6.54, but that's only just over the medium point of five.'' Mr Morgan said the increasing competitiveness and complexity of business banking had made customers more discerning.
PNC to acquire Central Jersey wealth management services firm
PNC Financial Services Group Inc. has agreed to acquire a provider of portfolio accounting and wealth management services. PNC Chairman and CEO James Rohr said Albridge Solutions Inc. of Lawrenceville, N.J., will broaden the offerings of PNC's PFPC Worldwide Inc. investment services unit. Albridge provides consolidated client account information from hundreds of data sources including mutual funds, managed accounts banking, brokerage, insurance and retirement. It works with 150 financial institutions and more than 100,000 financial advisers whose assets under management exceed $1trillion. PNC (NYSE:PNC) of Pittsburgh is one of the nation's largest diversified financial services organizations, providing retail and business banking, real estate finance and asset-based lending, wealth management, asset management and global fund services.
|
