Monthly Archives: August 2005

India offers 51% FDI in insurance auxiliaries

From Business-Standard Revised offer for services negotiations at WTO. India has offered to allow up to 51 per cent foreign investment in insurance auxiliary services as part of its revised offers for services negotiations at the World Trade Organisation. This … Continue reading

Leave a comment

Surveylab Lands $2m Venture Capital Investment

From BlackEnterprise.com Press, The; Christchurch, New Zealand Venture capital firm No. 8 Ventures has made its first investment in Wellington, paying $2 million for a minority stake in technology firm Surveylab, which appears poised to win large contracts with the … Continue reading

Leave a comment

GE to enter Japan’s banking market

From Forbes.com US electronics giant General Electric Co plans to enter Japan’s banking market as early as next year, following its consumer financing business in the country, the Yomiuri Shimbun reported Saturday. General Electric, a diversified manufacturer and financial house, … Continue reading

Leave a comment

Int’l banking, investment exposition to be staged in Beijing

From Xinhuanet News BEIJING, Aug. 28 (Xinhuanet) — The Beijing international banking and investment exposition will open on September 1, according to an official with the Beijing municipal government.     The four-day event aims to provide a platform for … Continue reading

Leave a comment

Boston stock trading to rival NYSE

From Newsday.com In a move said to be aimed at providing more competition for New York-based stock exchanges, four major financial services firms and the Boston Stock Exchange announced plans yesterday to launch an electronic stock market. The firms forming … Continue reading

Leave a comment

ATMIA summit to preview 2006 expectations for FIs, ISOs

From ATM marketplace Sept. 14-16’s ATM Industry Association’s North American ATM Debit Summit will address a few of those issues, which are affecting U.S. deployers, keeping security at the forefront. Lori Breitzke, vice president of prepaid products for Atlanta-based RBS … Continue reading

Leave a comment