GLG News by CheckFree Experts

Commerce Bank's Board and Management decided to take TD's cash and stock deal, valued at $8.5 billion, barely 90 days after founder Vernon Hill was ousted as Chairman and CEO. The deal is estimated to be worth about $42/share, less than $1 above CBH's all time high. Was the price right for shareholders...

m-banking is expected to grow exponentially over the next few years and financial institutions, payment processors, MNOs (Mobile Network Operators), merchants, card networks and service providers are still hashing out how to fix a fragmented infrastructure in the U.S and determine which technology (NFC-Near...

Discover Financial Services has signed three more merchant acquirers in 3Q07, which means Discover has access to more than 90% of U.S. transaction processing volume, with deals from Chase Paymentech, BA Merchant Services and most recently Wells Fargo Merchant Services and Discover is closing in on 100%...

NetBank, with total assets of $2.5 billion and $2.3 billion in total deposits as of 6.30.07, was closed on 9.28.07 by the Office of Thrift Supervision (OTS) and the FDIC was named receiver by the OTS of NetBank's assets. The FDIC's Board approved the acquisition of the insured deposits of NetBank by...

I don’t think so. And here are the reasons

The most recent round of virtualization technology has been highlighted by the dynamic emergence of VMware as one of the hottest products around. Of course virtualization has been around a long time both on the mainframe (IBM) and the desktop (Citrix). But why has this latest round of products grabbed...

From an equity holder standpoint a lot can go wrong with the payment processor’s LBO and enterprise value creation. However, for debt holders near-term risks are modest.

This announcement has been a long time in the making for both ACI and IBM. ACI's Base 24-eps fills a large solution hole in the IBM partner directory. Is this a big deal or not? Who are likely to be the winners and losers from this partnership? What is the impact of this announcement on banks?

With ACI and IBM in collaboration, what will happen to the sub sector competitors.

Countrywide projects a 25% decline in mortgage origination volume as the reason behind this dramatic employee layoff. Is Countrywide's new origination forecast in the ballpark? How far will the mortgage market fall? Will other institutions be affected too?