| Bank of America Launches Microsite
Bank of America Corp. has launched its "Bank the Way You Live" mircosite today in an effort to attract customers who want to do mobile banking. The site features characters that lead users through interactive demonstrations of each online and mobile banking product. Customers can find information on how to access accounts, pay bills, transfer funds, locate branches or ATMs and receive account alert text messages on their mobile phone. Customers can also see how to gather information and accounts for a clearer financial picture, all with layers of security to keep customers personal finance information protected. .
BofA launches football-related sweepstakes
Bank of America Corp. has launched a six-week sweepstakes to encourage saving through its Keep the Change program. Through the promotion, dubbed Monday Morning Quarterback, customers can win prizes that include a trip for two to Super Bowl XLII in Arizona. Participants also will vie for weekly prizes such as a refund equal to one-quarter of their weekend spending. Customers can go to www.bankofamerica.com/quarterback for information and to enroll. Keep the Change customers have each check-card purchase rounded up to the next whole dollar amount. The difference is transferred from their checking account to their savings account. "Through the Monday Morning Quarterback promotion, we hope to highlight the importance of saving and remind customers that they can join the more than 6.5 million customers who have already saved more than $620 million just by enrolling in Keep the Change and using their debit cards for everyday purchases," says Susan Faulkner, deposits and student-lending executive.
(AFX UK Focus) 2007-11-19 05:47 GMT: G20 MEETING At-a-glance guide to the main points
KLEINMOND, South Africa (Thomson Financial) - Following is an at-a-glance guide to the weekend meetings of G20 finance ministers and central bank governors. GLOBAL GROWTH G20 finance ministers and central bankers conceded that the extent of the global economic slowdown following this summer's turmoil in financial markets is difficult to predict. In its communique after their weekend meeting, the G20's finance ministers and central bankers noted that "downside risks to the near-term outlook have increased as a consequence of recent financial market disturbances". While the G20 believes the slowdown is likely to be modest, it also acknowledged that the extent and duration of the slowdown remain "difficult to predict". Though the slowdown is expected to moderate pressures on capacity and resources, the G20 warned that rising energy and food prices will be important sources of inflationary pressure.
The CNN Wire: Wednesday, Oct. 31
7 killed in suicide attack in Pakistan's eastern province (CNN) -- A suicide bomber rammed his motorcycle into a Pakistani air force bus, killing at least seven people and wounding 30 others Thursday, police told CNN. Some of the dead included air force personnel, police said, although they did not specify a number. The attack occurred near Sargodha, a city in eastern Punjab province.(Posted 2:05 a.m.) Talks between Hollywood writers and producers break off LOS ANGELES (CNN) -- Contract talks broke off between Hollywood writers and producers Wednesday evening, ahead of a midnight deadline for their current labor package to expire. There were no immediate plans for the 12,000 members of the Writers Guild of America to strike and the Alliance of Motion Picture and Television Producers said no talks were scheduled for Thursday.
Business: Bank secures major account
A SWEDISH bank which has just opened its doors for business in Coventry city centre has secured the business of one of the area's most successful local house builders. Handelsbanken, which moved into its new Coventry office at 6 The Quadrant, beat off competition from the major banks to win the account of rapidly expanding Ian Neale Homes Ltd. The management team at Handelsbanken's Coventry office have excellent career track records with the UK's major banks but believe Handelsbanken with its emphasis on building personal relationships with its customers, will offer a different perspective in commercial banking to the local business community. The Swedish bank already has more than 600 branches worldwide and more than 40 in Britain. Ian Neale will be a customer of the new Handelsbanken Coventry branch.
Banks bitten as £5bn wiped off shares
THE gossip is as fine as the vintage wine at the New York headquarters of Citigroup, and it flows just as freely. At 399 Park Avenue in Manhattan, the management team of one of the world's largest banks enjoys access to nine private dining rooms and a menu prepared by a team of top chefs. Yesterday's dish of the day was humble pie. The resignation of Charles Prince, the chief executive, amid losses of as much as $18 billion (£9 billion), as a result of high-risk mortgages, triggered further losses of £5 billion in the shares of Britain's banks, leaving the public to question whatever had happened to the days when bank managers were cautious men who lunched at their desks on sandwiches from brown paper bags and carefully scrutinised, over half-moon spectacles, home-loan applicants.
Publicis Groupe: 3rd Quarter Revenue
Third Quarter Revenue 2007 Publicis Groupe's consolidated revenue for Q3 2007 rose 10.8% to EUR 1,122 million, compared with EUR 1,013 million for the same period in 2006. In Q3 alone, the negative impact of exchange rate variations was EUR 33 million. At constant exchange rates the increase would have been 14.5%. Organic growth in the third quarter was 4.6%, in line with the Groupe's expectations. It should be noted that the performance of Digitas (+17.7%) is not taken into account in the calculation of Groupe organic growth in 2007. The third quarter saw a steady progression at Publicis Worldwide and Leo Burnett, and strong growth at Saatchi & Saatchi, particularly in the USA. Publicis Groupe Media networks, Starcom MediaVest and ZenithOptimedia, both achieved double-digit growth.
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