Financial ServicesHSBCAdvance exceeds customer expectations
HSBCAdvance continues to exceed the expectation of customers by delivering a bundle of unsurpassed benefits and value at every touch point, according to HSBC.
It becomes more than just a banking product, but a global personal banking proposition, designed to support the evolving financial ambitions of individuals. Whilst inculcating the simple habit of saving, HSBCAdvance customers get to enjoy the most distinctive banking privileges and benefits, ideal for an exclusive membership.
JPMorgan CIO retires, Obama says proves reform case
Reuters: The leader of JPMorgan Chase & Co’s hedging unit is retiring after trading losses that could end up exceeding $3 billion, a shortfall that President Barack Obama said might have led the government to step in had such losses struck a smaller bank.
The Federal Reserve meanwhile said it is now looking into whether JPMorgan has similar risk problems at other units, joining a probe by the U.S. Securities and Exchange Commission and upcoming hearings in the U.S. Senate.
Ceylinco Insurance – General salutes its valiant heroes
Ceylinco Insurance – General recognised and handsomely rewarded its dynamic and dedicated sales team, at the recently concluded Annual Sales Conference and Awards Ceremony 2011. The glittering event showcased the company’s outstanding talent, rewarding its top performers, who overcame all obstacles, in order to provide their customers with an unparalleled service throughout the year. The event was graced by the Central Bank Governor Ajith Nivaard Cabral as Chief Guest.
Lanka ORIX Finance expands footprint; opens new branch in Balangoda
Lanka ORIX Finance PLC recently welcomed a new addition to its network of regional branches, when its newest branch was opened in Balangoda last week.
LOLC Group Chairperson Rohini Nanayakkara graced this momentous occasion as Chief Guest. Senior management members and customers from the Balangoda area also attended the opening ceremony.
Orient Leasing opens in Anuradhapura
Orient Financial Services Corporation Ltd. (OFSCL), the fast growing young leasing company, which counts nearly a decade in financial services, commenced Anuradhapura Service Centre operations recently at No. 255, Main Street, Anuradhapura.
Global bank picks DHL to pioneer carbon neutral courier service
- DHL GOGREEN Carbon Neutral Service becomes positive asset for international financial service sector
DHL’s pioneering carbon offset solution DHL GOGREEN Carbon Neutral service is a positive new asset for environmentally-savvy financial institutions.
DHL, the world’s leading logistics company, has contracts with several major banks for DHL GOGREEN Carbon Neutral services regionally and recently secured one global account. The fully-audited service enables customers to offset carbon emissions generated by international courier services by reinvesting in certified carbon management programs.
Rupee could lose 2-3 pct, says StanChart
Reuters Market Eye: The USD/INR is facing choppy trading in the near-term, with another 2-3 per cent upside from current levels amid global uncertainty.
The bank lowers its medium-term rating on the rupee to ‘neutral’ from ‘overweight’ as continued policy inertia lowers the possibility of sustained inflows.
The bank recommends USD-based investors in Indian assets maintain high short-term FX hedge ratios.
NDB reports strong financial results in 1Q
NDB reported strong financial results for the first quarter ended March 31, 2012 and has made significant progress during the period. The Banking Revenue for the quarter was Rs. 2,064 million, an increase of Rs. 611 million, or 42 per cent, over the same period in 2011. The Profit After Tax during the quarter increased by Rs. 506 million, or 115 per cent compared to the same period in the prior year.
Lloyd’s unveil 2025 strategy
Lloyd’s of London has unveiled a long-term strategy to make sure that the historic insurance market will become the major global hub for specialist insurance and reinsurance by 2025.
Asian Alliance Insurance – International Congress 2012, Thailand
The ‘International Congress 2012’ of Asian Alliance Insurance was held recently at the Indra Regent Hotel, Bangkok as a residential event under the theme ‘Asian Alliance Avurudu Asiri’. The event experienced a participation of over 100 professional Sales Advisors who were the winners of the New Business Competition held during the fourth Quarter of 2011 along with the Regional Distribution Management and the Field Management of the company. This is a bi-annual event of Asian Alliance Insurance which recognises the winners of the Life New Business Competition.
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