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March 7, 2008
Chase Expands Surcharge Free ATM Access At Hess Express Gas Stations In NY & NJ
Analysis of: Chase in ATM Branding Deal With Hess Express Gas Stations | www.finextra.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Chase Expands Surcharge Free ATM Access At Hess Express Gas Stations In NY & NJ
Analysis of: Chase in ATM Branding Deal With Hess Express Gas Stations | www.finextra.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
"Chase What Matters" is Chase's new tagline in its national ads. Chase's customers' are saying "surcharge free ATM access" is what matters to them, which is why Chase is expanding its ATM branding deal with Cardtronics to install Chase branded ATMs at Hess Express Gas Stations in NY and NJ. Surcharge...
March 5, 2008
Congress Grilled Bank Regulators on 3.4.08: Asks Why A Warning Bell Didn't Sound On Risky Lending Practices?
Analysis of: Regulators Say Banking Industry Strong Despite Current Problems | www.mercurynews.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Congress Grilled Bank Regulators on 3.4.08: Asks Why A Warning Bell Didn't Sound On Risky Lending Practices?
Analysis of: Regulators Say Banking Industry Strong Despite Current Problems | www.mercurynews.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Senator Chris Dodd, Chairman of the Banking Committee grilled bank regulators on 3.4.08 to determine why regulators didn't intervene as loose lending standards led to a meltdown in the mortgage market and caused a credit crunch that could thrust the U.S. economy into a recession. Regulators Donald Kohn...
March 5, 2008
Congress Wants to Talk "Executive Pay" With Angelo Mozilo, The Prince & Stan O'Neal on 3.8.08
Analysis of: US Congress Panel Sets March 7 Subprime CEO Hearing | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Congress Wants to Talk "Executive Pay" With Angelo Mozilo, The Prince & Stan O'Neal on 3.8.08
Analysis of: US Congress Panel Sets March 7 Subprime CEO Hearing | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
The House Committee on Oversight & Government Reform will grill Angelo Mozilo, Countrywide's CEO, Charles Prince-former CEO of Citigroup and Stan O'Neal-former CEO of Merrill Lynch, when they testify on 3.7.08, as lawmakers examine if there is a link between "executive pay" and the U.S. mortgage...
March 5, 2008
Debit Card Growth Continues to Skyrocket; Surpassing Other Payment Instruments
Analysis of: Debit Cards in Use to Reach 5.2 Billion By 2012, According to New Report by Global Industry Analysts, Inc. | www.prweb.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Debit Card Growth Continues to Skyrocket; Surpassing Other Payment Instruments
Analysis of: Debit Cards in Use to Reach 5.2 Billion By 2012, According to New Report by Global Industry Analysts, Inc. | www.prweb.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Over the past five years consumers have chosen "debit cards" as their preferred payment of choice, trumping credit cards, cash, checks and other forms of payment. 63% of consumers chose debit cards for ease of use;57% perceive debit cards are safe and secure;53% chose debit cards because they can pay...
March 4, 2008Data is King: Verizon, Sprint, AT&T, and T-Mobile Hasten Voice as Commodity in the Wireless World
Analysis of: Verizon Wireless Introduces New Unlimited Plans That Are as Worry Free as the Guarantee | biz.yahoo.com
Author: Kenneth Eisner, Principal, Eisner Consulting
With the decreasing value of voice through both mobile and landline phones, Verizon, AT&T, Sprint, and T-Mobile are all entering into a price war that places a decreasing value on voice. They are also adding data onto their plans, and services such as Sprint TV, in the hopes of getting consumers...
March 3, 2008
HSBC to Writedown $17.2 Billion; Pressured to Sell U.S. Business Unit - HSBC Finance
Analysis of: HSBC Bad Debts Hit 8.7 Billion Pounds | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
HSBC to Writedown $17.2 Billion; Pressured to Sell U.S. Business Unit - HSBC Finance
Analysis of: HSBC Bad Debts Hit 8.7 Billion Pounds | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
The U.S. subprime market crisis has affected another bank, HSBC, who will take a $17.2 billion writedown in losses for 2007, however, not all the news is bad for HSBC. HSBC sold its HSBC France bank branches to Banque Populaire for $3.2 billion. Rumors were rampant that HSBC wanted to sell HSBC France...
March 3, 2008
Microsoft is a behemoth that won't be ignored in SaaS offerings
Analysis of: Microsoft Expands Online Services | online.wsj.com
Author: GLG Expert Contributor
Analysis of: Microsoft Expands Online Services | online.wsj.com
Author: GLG Expert Contributor
SaaS is stepping front and center in the software market. Subscription managment skills will become increasingly important. Managing customer relationships within software companies will replace license management as the preminent skill. Operational excellence for ISV's in the management of software...
March 3, 2008
United Technologies Goes Public With $3.0 Billion Bid for Diebold
Analysis of: United Tech Makes Bid for ATM Maker Diebold | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
United Technologies Goes Public With $3.0 Billion Bid for Diebold
Analysis of: United Tech Makes Bid for ATM Maker Diebold | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
UTX has made an unsolicited bid for ATM manufacturer Diebold for approximately $3.0 billion in an all cash offer. UTX believes Diebold would benefit from its "international presence and disciplined operating systems." UTX has been pursuing Diebold for the last two years, however, Diebold's management...
February 29, 2008
CME Group Eyeing NYMEX For $11 Billion But the DOJ Could Hamper the Deal
Analysis of: Nymex stakes in other exchanges a factor in talks with CME | www.marketwatch.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
CME Group Eyeing NYMEX For $11 Billion But the DOJ Could Hamper the Deal
Analysis of: Nymex stakes in other exchanges a factor in talks with CME | www.marketwatch.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
CME Group and NYMEX have entered into an exclusive negotiating period until 3.15.08, to conduct due diligence and to determine if a merger between to the two exchanges is doable. CME Group is proposing a cash and stock deal worth $11 billion, however, the DOJ is calling for the separation of clearing...
February 29, 2008
Visa Ups the Stakes With $19 Billion IPO Which Is Expected To Shatter U.S. IPOs On Record
Analysis of: IPO REPORT: Visa Would Be Richest-ever U.S. IPO At Nearly $19 Billion | www.smartmoney.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Visa Ups the Stakes With $19 Billion IPO Which Is Expected To Shatter U.S. IPOs On Record
Analysis of: IPO REPORT: Visa Would Be Richest-ever U.S. IPO At Nearly $19 Billion | www.smartmoney.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Visa's much anticipated IPO could shatter the current Top 10 U.S. IPOs on record and go down in history as the largest U.S. IPO if Visa's share price hits its target price of $37 to $42 per share. Visa is facing a sluggish market that is hampered by the U.S. credit crunch. Visa is hoping to usurp its...
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