2004

Jan

01

Fortis Health To Offer Comprehensive HSA Products To Individuals And Small Businesses

Fortis Health would distribute comprehensive Health Savings Account (HSA) Policy products to individuals and small groups through Fortis Insurance Company and John Alden Life Insurance Company. HAS is the newest concept in the health insurance mar

2004

Jan

01

Another US State Introduces Bill To Restrict Outsourcing Overseas

Wisconsin state lawmakers have introduced a bill in the state senate that seeks to restrict state contracts to companies that perform the services within the United States, instead of outsourcing them overseas. For more click here

2004

Jan

05

Bank Of Shanghai Teams with HSBC To Launch International Credit Card

Bank of Shanghai has formed a joint venture with HSBC to launch the Shanghai International Credit Card that enables mainland China customers to make purchases worldwide and settle their payments in renminbi (RMB) through a Bank of Shanghai account.

2004

Jan

05

Standard Life Joins Hands With Teda Investment To Distribute Insurance Products In China

Standard Life has partnered with Teda Investment Holding to set up a joint venture company to distribute insurance products in the Chinese market. Through the deal, joint venture firm Heng-An Standard Life would distribute insurance products thr

2004

Jan

05

Morgan Stanley Provides Merchant Banking Services To Centurion Bank

Morgan Stanley inked a deal with Centurion bank to provide merchant banking services. Through the deal, Morgan Stanley would act as merchant banker for Centurion's proposed Rs 65 crore rights or public issue for its second phase of capital infus

2004

Jan

05

Outsourcing To Be In US Presidential Race Agenda

Outsourcing of jobs to countries like India has drawn attention in the presidential race. According to congressional sources, efforts would be expected to accelerate in the US Congress this year to curb offshore outsourcing. Massachusetts Se

2004

Jan

05

Friends Provident Selects ASP' TaxChecker For Online Self Assessment Tax Services

Friends Provident has deployed Assured Solution Providers' self-assessment software, TaxChecker and added it to its Web site for online self-assessment tax services. This online service makes calculations and highlights any mistakes and allows use

2004

Jan

05

Bank Of China Rolls Out Summit Systems' Software For Interest Rate Derivatives Trading Services

Bank of China has adopted Summit Systems' treasury and capital markets software across its interest rate derivatives trading desks. By implementing the software, BOC could manage all aspects of derivatives trade entry and pricing. Additionally,

2004

Jan

05

CBOT Forms Alliance With NexTrade To Develop Expirationless Options

Chicago Board of Trade (CBOT) has formed a strategic alliance with NexTrade Holdings (NexTrade) to develop Expirationless Options services. Expirationless Options is a service to offer market participants new, innovative ways to hedge risk, specul

2004

Jan

05

Daughters Of Charity Extends Outsourcing Contract with Mellon For Custody, Investment Management Services

Mellon Global Securities Services (GSS) group has renewed outsourcing contract with Daughters of Charity to provide domestic custody, investment management, securities lending and global cash management for its $1 billion fund. Additionally, Mell