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Financial services sector IT skills crisis must not make City techies complacent

Despite the shortage of IT skills in the financial services sector*, IT professionals must guard against being complacent when it comes to a career in the City warns www.itjobsinthecity.com, part of online recruitment specialist, www.theitjobboard.com.

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Sybase IQ Analytics Server Creates Competitive Advantage for Top Financial Services Firms

Sybase, Inc., a leading provider of enterprise infrastructure and mobile software, today announced that Sybase® IQ, the choice of nearly 200 of the world’s leading financial institutions, is experiencing explosive growth in the critical financial services market segment.

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InfoPrint Solutions Company Chooses IBM Global Financing

as Preferred Provider of Strategic Financing Services for Customers

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Wal-Mart Pushes Financial-Services Menu

Acknowledging that it won't gain a bank charter anytime soon, Wal-Mart Stores Inc. is pushing ahead with plans to carve out store space for its existing financial services, such as check cashing and money transfers, reported The Wall Street Journal.

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A.G. Edwards to be bought by Wachovia for $6.8 billion

Wachovia Corp. and A.G. Edwards Inc. announced today an agreement under which Wachovia will acquire A.G. Edwards, which will be combined with Wachovia Securities, LLC, to create an industry-leading retail brokerage firm with $1.1 trillion in client assets and nearly 15,000 financial advisors. The combined firm will have an enhanced share of the U.S. brokerage market with significantly increased penetration in 48 of the 50 largest metropolitan statistical areas.

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Netcall Solution Now Rated "Avaya Compliant"

Netcall, a leading developer of innovative communications solutions, today announced that its QueueBuster callback solution for customer care operations, running on the Netcall Intelligent Communications Platform (ICP), is compliant with key Internet protocol (IP) telephony and contact center solutions from Avaya, a leading global provider of business communications applications, systems and services.

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Fifth-Annual Microsoft Financial Services Developer Conference

Bringing together business and technical leaders from financial services firms worldwide to preview the latest technologies on the Microsoft platform, Microsoft Corp. today hosts its annual Financial Services Developer Conference.

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GE Healthcare Financial Services Closes $20 Million Deal With Centric Health Finance

GE Healthcare Financial Services has provided a $20 million revolving line of credit to Centric Health Finance, LLC.

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ABN AMRO and Barclays announce agreement on terms of merger

Barclays PLC is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services. We are one of the largest financial services companies in the world by market capitalisation.

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IBM Opens New Centers to Help Banks Improve the Consumer Experience

Acting on consumer and market research, IBM today launched three new Banking Centers of Excellence (BCOE) to help financial services clients modernize aging computing systems and develop new business models to better meet the needs of banking consumers.

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Citigroup to Streamline Organization, Reduce Expense Growth by Cuttin 17K Jobs

Citigroup Projected Savings of Approximately $2.1 Billion in 2007, Growing to $4.6 Billion in 2009. First Quarter 2007 Pre-Tax Charge of $1.38 Billion.

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US Retail Gas Operations of Kinder Morgan, Inc. Acquired by GE Energy

Kinder Morgan, Inc. has completed the sale of its US natural gas retail distribution and related operations serving over 260,000 customers in Colorado, Nebraska, Wyoming, as well as Hermosillo, Mexico, to GE Energy Financial Services and Alinda Investments LLC for $710 million plus working capital, the companies announced today

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