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Press Releases

The Bank of New York Mellon's Pershing Unit Releases New Study for Hedge Funds...

JERSEY CITY, N.J., Jan. 5 /PRNewswire-FirstCall/ -- A new white paperpublished by Pershing LLC, a subsidiary of The Bank of New York MellonCorporation, and Aite Group LLC has found that managing

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Morningstar, Inc. Acquires UK-Based Tenfore Systems Limited, Provider of Real-Time Data Feeds and Financial Data Workstations

CHICAGO and LONDON, Dec. 17 /PRNewswire-FirstCall/ -- Morningstar, Inc. (Nasdaq: MORN - News), a leading provider of independent investment research, today announced it has acquired Tenfore Systems

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The Pecos County Bank Acquires All the Deposits of Sanderson State Bank, Sanderson, Texas

December 12, 2008- Sanderson State Bank, Sanderson, Texas, was closed today by the Texas Department of Banking, and the Federal Deposit Insurance Corporation (FDIC) was named receiver. To protect the

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BB&T Company Acquires All the Deposits of Haven Trust Bank, Duluth, Georgia

December 12, 2008- Haven Trust Bank, Duluth, Georgia, was closed today by the Georgia Department of Banking and Finance, and the Federal Deposit Insurance Corporation (FDIC) was named receiver. To

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Discover Financial Services Introduces Biodegradable Discover(R) Card

RIVERWOODS, Ill., Dec 09, 2008 (BUSINESS WIRE) -- Discover Financial Services today announced the launch of a biodegradable Discover(R) Card option, the only U.S. biodegradable consumer credit card

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United Bank Acquires All the Deposits of First Georgia Community Bank, Jackson, Georgia

First Georgia Community Bank, Jackson, Georgia, was closed today by the Georgia Department of Banking and Finance, and the Federal Deposit Insurance Corporation (FDIC) was named receiver. To protect

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U.S. Bank Acquires All the Deposits of Two Southern California Institutions

U.S. Bank, National Association, Minneapolis, MN, acquired the banking operations, including all the deposits, of Downey Savings and Loan Association, F.A., Newport Beach, CA, and PFF Bank &

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Bank of Essex, Tappahannock, Virginia Acquires All the Deposits of The Community Bank, Loganville, GA

The Community Bank, Loganville, Georgia, was closed today by the Georgia Department of Banking and Finance, and the Federal Deposit Insurance Corporation (FDIC) was named receiver. To protect the

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New Report Highlights Opportunities for SOX Optimization

Program Scope AND Structure Both Key Factors in Controlling Compliance Costs and Maximizing Effectiveness AS5 Broadly Welcomed, But Many Companies Yet to Realize Value Increasing Sophistication of

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OpenPages Survey Reveals Organizations Plan to Invest More in Risk Management in 2009

Fortune 1000 respondents expect increased GRC spending, convergence challenges in year ahead Waltham, Mass - November 10, 2008 - OpenPages, the leading provider of enterprise GRC management solutions

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Pacific Western Bank Acquires All the Deposits of Security Pacific Bank, Los Angeles, California

Security Pacific Bank, Los Angeles, California, was closed today by the Commissioner of the California Department of Financial Institutions, and the Federal Deposit Insurance Corporation (FDIC) was

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Prosperity Bank Acquires All the Deposits of Franklin Bank, S.S.B., Houston, Texas

Franklin Bank, S.S.B., Houston, Texas, was closed today by the Texas Department of Savings and Mortgage Lending, and the Federal Deposit Insurance Corporation (FDIC) was named receiver. To protect

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Fifth Third Bank Acquires All the Deposits of Freedom Bank, Bradenton, Florida

Freedom Bank, Bradenton, Florida, was closed today by the Commissioner of the Florida Office of Financial Regulation, and the Federal Deposit Insurance Corporation (FDIC) was named receiver. To

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U.S. Department of Labor orders Charles Schwab to reinstate two corporate fraud whistleblowers

MILBURN, N.J. - The U.S. Department of Labor has ordered The Charles Schwab Corp. to reinstate and pay back pay and damages to two employees who were fired in violation of the whistleblower provision

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Stearns Bank, National Association Acquires the Insured Deposits of Alpha Bank & Trust, Alpharetta, GA

Alpha Bank and Trust, Alpharetta, Georgia, was closed today by the Georgia Department of Banking and Finance, and the Federal Deposit Insurance Corporation (FDIC) was named receiver. To protect the

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