Wednesday 13 October 2010

ING Introduces Executive Benefits and Business Planning Symposium for Life Insurance Professionals

English news - The ING Life Companies launched today its first-ever Executive Benefits and Business Planning Symposium for life insurance producers and distributors. The two-day program offers practical topics to help the participants who want to expand their business in this segment of the market.

"When it comes to business planning, we're in a different game today. We are in the midst of a paradigm shift. Businesses are under more pressure to reduce costs and meet expectations. This could include retaining key associates or development of a supplemental retirement plan. Even experienced producers have found that the environment and rules of the game have changed and that they need to reinvent themselves," said Kurt Fasen, senior vice president and head of ING Life Sales Support. "Given our renewed focus on business- and executive-benefit planning and our in-house expertise, we're able to pass on the knowledge to those who want to help their business clients with today's solutions."

Examples of topics offered at the program include:

* Diagnosing your clients' needs
* Split-dollar plans that work
* Tax-deductable plan design
* Premium-financed executive benefits


The executive benefits and business-planning program complements two on-site academies offered by ING Life Companies, the Case Design Academy and the Premium Finance Academy. In addition, the company offers a robust online offering of practical topics to help life insurance producers of a variety of experience levels grow their business in today's marketplace.

"To be successful, you need more than great products," said Randy Kemnitz, manager of Business Planning and Executive Benefits – ING Life Sales Support. "The successful producer understands a broad range of client solutions, has resources available to support his or her sales efforts, and keeps current on the latest tools in the marketplace. At ING Life Companies, we arm the financial professionals with the tools they need to best help their clients."

For more information about ING Life Companies' executive benefits and business-planning products or other ING services, contact ING Life Sales Support at 1-866-ING-SELL begin_of_the_skype_highlighting 1-866-ING-SELL end_of_the_skype_highlighting

ING is a global financial institution of Dutch origin offering banking, investments, life insurance and retirement services to over 85 million private, corporate and institutional clients in more than 40 countries. With a diverse workforce of about 105,000 people, ING is dedicated to setting the standard in helping our clients manage their financial future.

English news online - In the U.S., the ING (NYSE: ING) family of companies offer a comprehensive array of financial services to retail and institutional clients, which includes life insurance, retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, employee benefits and financial planning. ING holds top-tier rankings in key U.S. markets and serves nearly 30 million customers across the nation. For more information, visit www.ing.com/us.

The ING Life Companies are represented by ReliaStar Life Insurance Company (Minneapolis, MN), ReliaStar Life Insurance Company of New York (Woodbury, NY) and Security Life of Denver Insurance Company (Denver, CO). Within the state of New York, only ReliaStar Life Insurance Company of New York is admitted, and its products issued. All are members of the ING family of companies.
English news

NC4 Unveils Comprehensive Risk Management Solution at ASIS International, Booth #3457

English news online - NC4, the leader in Situational Readiness solutions for risk management, today announced the unveiling of the NC4 Risk Center™ solution at ASIS International. This electronic warning service can be configured with a variety of powerful components to better support the needs of corporate security, business continuity, supply chain and travel managers.

Real-time situational awareness and alert notifications have been a hallmark for NC4 over the past decade. Operating from redundant 24x7 east and west coast Incident Monitoring Centers, these real time alerts will continue to be at the core of the NC4 Risk Center. These functions are now augmented with global predictive intelligence, enhanced analysis and threat information. In addition, a travel risk management component provides organizations with a comprehensive view of travel risk exposure for employees and expatriates.

"U.S. and global corporations are seeing increasing risks to their domestic and international operations, traveling employees, and supply chains," said Jim Montagnino, President and CEO of NC4. "We have assembled a powerful set of components that customers can leverage within the NC4 Risk Center solution to better manage their operational risk."

By configuring the solution to customer's specific needs, NC4 supports a holistic view of operational risk to enable customers to quickly learn about risks threatening assets, operations, suppliers, and employees. The NC4 Risk Center helps organizations to ensure business continuance, protect the health, life, safety and productivity of employees, streamline risk-related decision-making processes, and reduce labor costs. In addition, other optional NC4 components, such as the capability for secure communication and collaboration, may be incorporated into NC4 Risk Center to further enhance an organization's Risk Management program.

Genzyme's security team, long time users of NC4 services, is at the forefront of Enterprise Risk Management with their business-based approach to security and risk mitigation. "NC4's Risk Center helps us in our efforts of improving our capabilities for monitoring, analyzing and responding to threat information. With NC4's Risk Center, we are in a better position to deliver actionable business intelligence to the enterprise to help us protect our corporate interests worldwide," says Bhavesh Patel, Senior Director of Global Risk and Business Resources. Bhavesh adds, "We work with many technologically savvy companies such as NC4. What sets NC4 apart is that not only do they have superb technology, but they also listen and react to their customer's needs."

NC4 is previewing the new NC4 Risk Center capabilities this year at the American Society for Industrial Security (ASIS) International Conference to be held in Dallas, Texas, October 12th through 14th in booth #3457. Individuals are invited to stop by the booth for additional information or to contact NC4 at info@nc4.us for a personalized demonstration.

English news - About NC4

NC4's Situational Readiness offerings revolutionize how government and businesses collect, manage, share and disseminate information to mitigate risks, manage incidents, and securely communicate and collaborate with one another.
English news

Banking Site DepositAccounts.com Now Tracks 60,000 Bank Rates, Launches New Features

English news - DepositAccounts.com announced today that the number of unique bank and credit union rates the site is now tracking has exceeded 60,000. The site, which helps individuals find and compare the best Checking, CD, Money Market, Savings account and IRA rates, has also launched several new features – including a "Bank Health Rating" section.

"60,000 is a milestone for our users," says DepositAccounts.com's primary blogger – noted banking industry watchdog, Ken "The Bank Deals Guy" Tumin. "Particularly given the total objectivity of our rate tables. When users search our site for the best rates in any category, that's exactly what they'll find. Our rankings are never impacted by advertising relationships, and that simply isn't the case with a lot of other sites."

DepositAccounts.com enables visitors to search and compare various products' rates, either locally or nationally, based on a number of optional criteria. This includes a table for high-yield Rewards Checking accounts offering APY as high as 4.01% (as of 10/4/10).

English news Online - Tumin typically posts, on his blog, information for 3 - 5 new rate deals each day, as well as broad commentary on the banking industry. Tumin launched the blog in 2005. To date, the blog contains more than 7,500 posts and 34,000 user comments.

DepositAccounts.com's new "Bank Health Rating" feature offers a simple search form for finding, (free of charge) updated FDIC and NCUA data for every federally insured bank and credit union.

This section provides current and historic numbers on Assets & Liabilities; current Quarterly Profit Margins; and each institution's overall health scores (on a scale of 0 to 5) – as well as scores for Texas Ratio, Texas Ratio Trend, Deposit Growth and Capitalization. Also in this section, site users are given an option to "Write A Review", and rate institutions (on a scale of 1 to 5).
English news

New Capital Ideas Blog Offers Advice for Selling, Financing a Business

English news - Allegiance Capital Corporation has launched the Capital Ideas blog to offer M&A tips to entrepreneurs and business owners who need to sell a company, recapitalize, and/or make acquisitions.

"Our Capital Ideas blog will be a robust combination of practical M&A advice, and 'war stories' about entrepreneurs who have had amazing successes and colossal failures. No one will be bored reading it," said David Mahmood, Chairman.

Mahmood has built eight companies and has been advising privately-held, closely-held companies on M&A and financing strategies for the past 25 years. Collectively the bankers at Allegiance Capital have advised on more than 200 private and public transactions with an aggregate value of more than $20 billion.

Subscribe to the Capital Ideas blog by visiting: www.allcapcorp.com/blog .

About Allegiance Capital - English news online

Allegiance Capital Corporation is a full-service investment banking firm specializing in the middle market (companies with revenue from $20 million to $500 million), with offices in Chicago, Dallas, New York, Madrid, Minneapolis/St. Paul, Seattle, and Shanghai. Through its global network, Allegiance Capital assists companies in every aspect of selling and financing a business, including debt restructuring, mezzanine financing, executing leveraged buyouts, strategic partnering, consulting and other related services. Its Special Situations group handles financial restructuring and distressed mergers and acquisitions. For more information, refer to the company website, www.allcapcorp.com, and its Facebook page.
English news

GMAC Mortgage Statement on Independent Review and Foreclosure Sales

English news - GMAC Mortgage is committed to preserving the integrity of the foreclosure process and in that spirit has engaged several leading legal and accounting firms to conduct independent reviews of its foreclosure procedures in each of the 50 states.

In addition, foreclosure sale files nationwide receive an additional review by a specialized team to ensure that: home preservation procedures have been fully followed; the timing and substance of the foreclosure is appropriate; and the file itself is in good order and complies with all laws and requirements of the state of jurisdiction.
English news Online.
Foreclosure is a very serious matter and only implemented when all other home preservation options have been fully exhausted. We are taking these additional steps to restore confidence in the process, which is critical for the stability of the home and mortgage industry.

In addition to the nationwide measures, the review and remediation activities related to cases involving judicial affidavits in the 23 states continues and has been underway for approximately two months. As each of those files is reviewed, and remediated when needed, the foreclosure process resumes. GMAC Mortgage has found no evidence to date of any inappropriate foreclosures.

GMAC Mortgage is committed to working through this matter diligently and encourages borrowers with questions to contact a customer service representative at 866-304-4682 begin_of_the_skype_highlighting 866-304-4682 end_of_the_skype_highlighting or loan.assist@gmacm.com. Additional information can be found by visiting www.gmacmortgage.com
English news

Encore Capital Group, Inc. to Announce Third Quarter 2010 Results on October 26

English news Online - Encore Capital Group, Inc. (Nasdaq: ECPG), a leading consumer debt buying and recovery company, announced today that it will release its financial results for the third quarter of 2010 on Tuesday, October 26, 2010, after the market closes. The Company will also host a conference call the same day at 5:00 p.m. Eastern Time to discuss the reported results.

Members of the public are invited to listen to the event via the Internet. To access the live webcast, log on at the Investor Relations page of the Company's website at www.encorecapitalgroup.com. A replay of the webcast will be available online shortly after the conclusion of the live event.

About Encore Capital Group, Inc. - English news

Encore Capital Group is a leader in consumer debt buying and recovery. We purchase portfolios of defaulted consumer receivables from banks, credit unions, consumer finance companies, commercial retailers, auto finance companies and telecommunication companies and manage them by partnering with individuals as they repay their obligations and work toward financial recovery.

Headquartered in San Diego, we are a publicly traded NASDAQ Global Select company (ticker symbol: ECPG) and a component stock in the Russell 2000 and the Wilshire 4500. Our performance derives from our sophisticated and widespread use of analytics, our investments in data and consumer intelligence, our cost leadership position (based on our enterprise-wide, account-level cost database as well as our India facility), and our commitment to see principled intent drive every consumer interaction. More information on the Company can be found at www.encorecapitalgroup.com.
English news

Thursday 20 May 2010

Court lifts BA cabin crew strike ban

British Airways cabin crew have been given the go-ahead to strike after a court overturned the airline’s injunction to stop the industrial action.

BA had won a high court injunction to stop the strikes which were due to start on Tuesday as part of a series of four separate five-day strikes, in a long running dispute over pay and working conditions.

BA said in a statement after the decision today that it would run a full programme at Gatwick and London City, while at Heathrow more than 60% of its longhaul operation and more than 50% of shorthaul would operate.

However, BA flights were disrupted earlier in the week even though the court had originally ruled against the strikes.

Tony Woodley, Unite joint general secretary, said: ‘We are delighted to have won today. Justice has been secured. Had it not been, the right to strike would now be hanging by a thread.’