| Roger Suihkonen retires after 34 years in the banking business
VIRGINIA � When Roger Suihkonen graduated from college he never saw himself working in a bank. Yet, 34 years in the banking business later, Suihkonen, Wells Fargo District Community Bank President, is set to retire at the end of November with no regrets. �All the decisions I�ve made, if I had to do it all over again I�d do it the same way,� Suihkonen said. �It�s been a great ride.� Suihkonen, who has been president since 1985, starting working in Virginia at what would eventually become Wells Fargo � in the same Chestnut Street Building that houses the bank today � in 1974. After graduating from college in 1971 with a degree in mathematics and physics, Suihkonen said he was considering a career in computers or the applied science arena.
Ithmaar Bank operating income surges by 115pc
MANAMA � Ithmaar Bank yesterday announced that its operating income for the first nine months of 2007 more than doubled to $174.4 million. The 115 per cent surge compares to an income of $81.1 million for the same period last year. The bank achieved a net profit of $77.9 million for the first nine-months of 2007. The comparative result for 2006 was a net profit of $163.7 million, which included a gain of $105.5 million on the sale of a subsidiary, Islamic Investment Company of the Gulf (Bahamas) Limited. Excluding this gain, the bank's nine-month net profit actually increased by 34 per cent in 2007, when compared to the same period last year. "These results are a reflection of the growth in both Ithmaar Bank's direct business activities and the consolidated earnings of the Ithmaar banking group, which includes some of the most successful brands in the Islamic financial services industry.
Moody's shoes will be hard to fill
Amid the turmoil of another school year, the Paterson Board of Education works on policy and issues that have a daily impact on students. To help Herald News readers get to know these individuals beyond their names and faces, we ask and answer some basic questions. Today we look at Alonzo Moody. .
World-Check to Host Compliance Seminar in London Ahead of 3rd EU Money Laundering Directive
World-Check, the leading global provider of structured risk intelligence, will be hosting a compliance seminar aimed at lawyers and compliance professionals ahead of the 3rd EU Money Laundering Directive, which will come into effect on the 15th of December 2007. .
Salmond: Scotland independent in 10 years
ALEX Salmond has, for the first time, named a date by which he believes Scotland will be an independent country - 2017. The First Minister made the dramatic assertion on the eve of the SNP's first budget in government, a day in which the party will set out its spending priorities over the next three years. In a remarkable departure from his previous reluctance to set a timetable for achieving sovereignty, Mr Salmond yesterday said he anticipated Scotland would break away from the United Kingdom in a decade. The First Minister made the declaration, which was immediately attacked by political opponents, as he launched the Scottish Government's economic strategy, setting out ambitious targets for a decade of growth. .
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