- Cardinal Financial Reports Earnings
Cardinal Financial Corporation (NASDAQ:CFNL) (the "Company"), parent company of Cardinal Bank (the "Bank"), announced its results of operations for the second quarter and first six months of 2006. - U.S. Bancorp Announces Davis to Succeed Grundhofer as CEO
Implementing an established succession plan, the board of directors of U.S. Bancorp (NYSE:USB) announced today that Richard K. Davis will succeed Jerry A. Grundhofer as president and chief executive officer effective following the U.S. Bancorp board meeting. Davis was elected to the board of directors of U.S. Bancorp effective immediately. - Fiserv Expands Clearing Network to New England Through Agreement with Bankers' Bank Northeast
Fiserv Inc. (Nasdaq: FISV) has extended its Fiserv Clearing Network (FCN) to the Northeastern part of the United States through the recent signing of Bankers' Bank Northeast as a settlement partner. The contract makes Bankers' Bank the FCN Settlement Bank for item processing centers located throughout New England. - New SAS Office in Charlotte, NC, Targets Financial Services Industry
SAS, the leader in business intelligence, opened a new regional office this week in the nation's second-largest banking city: Charlotte, North Carolina. Behind only New York City, Charlotte is a growing market for financial services and SAS. - San Diego Trust Bank Announces Record Earnings
San Diego Trust Bank (OTCBB:SDBK) announced record earnings for the quarter ending 6/30/06 as well as the first six months of the year. Net Income for the second quarter increased significantly to $335 thousand compared to $142 thousand for the same period last year. Earnings for the first six months of the year were also up sharply totaling $648 thousand, more than three times last year's results for the same period. - Danville Based Diablo Valley Bank Reports Record Six-Month Earnings And Total Assets of $222 Million
Diablo Valley Bank (OTCBB:DBVB) today announced record first half profitability and asset growth for 2006. As of June 30, 2006, the Bank's net income rose 90% to $1,009,901, or $0.34 basic income per share, compared to net income of $530,785, or $0.21 per share, for the first half of 2005. The Bank's first-half 2006 earnings were reduced by an income tax provision of $756,000, compared to a tax provision of only $800 in the first half of 2005. - Fitch Downgrades Venezuelan Banks Individual Ratings
-Fitch Ratings has downgraded the individual rating of several banks in Venezuela. The rating action reflects the sustained decrease in capital ratios due the significant increase in assets, lower expected profitability and growing government intervention over the system. - Malaga Financial Corporation Reports Earnings for 2005
Malaga Financial Corporation (OTCBB:MLGF), the parent company ('Company') of Malaga Bank FSB, today reported that net income for the year ended December 31, 2005 was $4,758,000 compared to $5,394,000 for the previous year, a decrease of $636,000 or 12%. Diluted earnings per share were $.81 versus $.94, for 2005 and 2004, respectively. - Signature Bank Names Private Client Banking Team for Its New Jackson Heights, Queens, N.Y. Office
Signature Bank (Nasdaq:SBNY), a New York-based full-service commercial bank, announced today that Thomas Grippa has joined the Bank as Group Director and Senior Vice President. Concurrent with Grippa's appointment, Signature Bank announced it would open a new location in Jackson Heights, N.Y., from which Grippa and his private client banking team will be based. - UBS Extends Premier Sponsorship of TopCoder Events
TopCoder(R), Inc., the leader in online programming competition, skills assessment and competitive software development today announced that UBS, (NYSE:UBS), the global financial services firm, has continued its sponsorship of TopCoder global events by becoming a Premier level sponsor of the 2006 TopCoder Collegiate Challenge (TCCC06) in San Diego, CA this November. UBS recently sponsored the TopCoder Open 06 in Las Vegas. - Holmes Fin(No.8) Plc UK Regulatory Announcement: FRN Variable Rate Fix
As Agent Bank, please be advised of the following rate determined on:13-Jul-2006
Issue : Holmes Finance (No.8) plc - Series 3 - Class C
EUR 57,500,000 Subordinated FRN due Jul 2040
ISIN Number : XS0188150105
Common Code / : 18815010
144A ISIN
Issue Nomin EUR : 57,500,000.00
Period : 17-Jul-2006 to 16-Oct-2006 Payment Date 16-Oct-2006
Number of Days : 91
Rate : 3.94
Denomination EU : 500, - OptimumBank Holdings Announces Strong Quarterly and Record Six-Month Results
OptimumBank Holdings, Inc. (NASDAQ:OPHC), holding company for OptimumBank, reported net income of $487,100 or $.17 per share for the second quarter ended June 30, 2006, compared to net income of $387,870 or $.15 per share for the prior year quarter ended June 30, 2005, a 25.6% increase. Net income for the six-month period ended June 30, 2006 was $1,003,412 or $.36 per share compared to $771,871 or $.29 per share for same period last year, a 30.0% increase. - Washington Trust Announces Plans To Open New Commercial Lending Office In Downtown Providence
The Washington Trust Company today announced the Bank's plans to open a new commercial lending office in the financial district of Providence, RI. Washington Trust will lease 6,261 square feet of space on the first floor of 10 Weybosset Street to house the Bank's Providence-based Commercial Lending team, which is currently located at the Bank's Washington Street branch. The office is scheduled to open later this year.
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