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Kamala Worthington

Former VP, Marketing Product Manager
Bank of America Corporation
Member of the Financial Services Council

Kamala Worthington was until May 2006 a Vice President and Marketing Product Manager at Bank of America, for the ATM Channel, where she was responsible for conducting market research and competitive analysis to determine market trends in the ATM industry, predicting forecasts and conducting due diligence, to increase revenue generating opportunities in migrating customers to the ATM and implementing standardized surcharge rates. Ms. Worthington was also responsible for conducting market research and competitive intelligence on top ATM manufacturers Diebold, NCR, Wincor-Nixdorf, and Triton, as well as ISOs (Independent Sales Organizations). She has in-depth knowledge of Check 21, Triple DES, ADA regulations with Talking ATMs, upgrade cycles from the OS/2 platform to Windows based ATMs, as well as industry trends overseas in China, India, Europe, Brazil, and Canada. Ms. Worthington has over six years of experience as a consultant in asset management industry, serving firms like Evergreen Investments. (This is me - Update Profile)


Employment History
2004 - 2006 VP, Marketing Product Manager
Bank of America Corporation
1996 - 2002 AVP, WealthPlan Marketing Manager
Evergreen Investment Services, Inc

GLG NewsSM Analyses by Kamala Worthington(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
WAMU CLOSED: SOLD TO JP MORGAN CHASE FOR $1.9 BILLION | 09-29-2008
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation

Rumors had been swirling over the last few weeks that WAMU was shopping for a buyer, however, the OTS (the Office of Thrift Supervision) couldn't allow WAMU to continue its operations under constraints of deposit outflows exceeding $16 billion in the last week or so and JP Morgan Chase becomes the benefactor...

TRM Gets $11 Million Lifeline; Buys Rival "Access to Money" | 04-23-2008
Analysis of: BREAKING: TRM Buys ATM ISO Access to Money for $15 million | www.atmmarketplace.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation

TRM's $11 million "lifeline" from LC Capital Master Fund Ltd. helps the troubled ATM owner pay off its debts and gave TRM the seed money to acquire its rival, ATM deployer "Access to Money." When TRM acquired eFunds ATM Portfolio of 17,200 ATMs in 2004 for $150 million, TRM had over 22,000 ATMs and...

RBS To Raise $20 Billion+ In A Rights Issue & Sir Fred Goodwin Can Keep His Job For Now | 04-21-2008
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation

It's hard to fathom that "Fred the Shred's" (known for his brutal cost-cutting in the past) role in the battle for ABN-Amro between Barclays may have led to RBS's plans to raise the largest cash call of British banks of $20 billion+ in a 1-for-2 basis "rights issue" to raise capital and shore up its...

Alliance Data Sues Blackstone For $170 Million "Breakup Fee" | 04-21-2008
Analysis of: Blackstone Says Alliance Data Lawsuit Spurious | today.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation

Blackstone Capital Partners V L.P. may have had a case of "buyer's remorse" with its $7.8 billion deal including the assumption of certain debt of ADS. The deal valued ADS at $81.75 a share, representing a premium of about 30% over ADS's closing price of $62.96 on 5.16.07. However, since that time ADS's...

View All GLG News SM Analyses by Kamala Worthington

GLG InstituteSM Seminars with Kamala Worthington(?)

 
Kamala Worthington has not participated in any GLGi Seminars.
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