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News & Commentary
Content tagged with Management Strategies posted in June 2012
HNW Launches Retail Banking Practice
News  |  6/26/2012
The newest practice of the firm will focus on delivering a wide range of integrated marketing solutions primarily for retail banks.
Salary Survey Results: Automation Push and Data Analysis Strengthens Financial Services IT Job Market
News  |  6/25/2012
After several years of painful cuts, the market for IT talent in the financial services industry is strengthening.
Shiver Me timbers! The Bankers Are Boarding
News  |  6/25/2012
With the crisis in the shipping market now in its fourth year, bankers are putting to sea and seizing ships to protect the value of their loans to struggling shipowners.
Bank of America Executive Places Importance on Risk Management as New Banking Technologies Emerge
News  |  6/24/2012
As Bank of America's top global technology and operations executive, Cathy Bessant oversees the infrastructure that makes the bank hum. Whether it's pursuing efficiency, streamlining operations, cutting costs or reducing risk, Bessant and her team support it all.
12 Bank Acquisition Deals So Far in June
News  |  6/21/2012
According to SNL Financial, there have been 99 M&A deals in the banking industry in 2012 so far.
Wells Fargo Looking to Move Some Jobs to India, Philippines
News  |  6/21/2012
Wells Fargo & Co, the fourth-largest U.S. bank by assets, is looking to move some jobs outside the United States as it pushes forward with a company-wide cost-cutting program, a spokeswoman said on Wednesday.
Dissatisfaction Still Looms 6 Months After Bank Transfer Day
News  |  6/20/2012
A new report from Javelin Strategy & Research finds that big banks are still vulnerable to losing customers.
Dimon Tops Bank Executive Compensation List
News  |  6/20/2012
According to research from SNL Financial, the JPMorgan Chase CEO earned $23.1 million in total compensation in 2011
6 Steps for Building the Next-Gen Bank IT Workforce
News  |  6/19/2012
Bank technology organizations increasingly require new capabilities that go well beyond traditional IT skills. Here are six challenges banks must address in building the IT workforce of the future.
Dell Made Rival $2.15 Billion Bid for Quest
News  |  6/15/2012
Dell Inc is the "strategic bidder" that offered to buy Quest Software for $2.15 billion in cash, trumping a bid by Insight Venture Partners, sources familiar with the matter told Reuters.
Dell to Cut $2 Billion In Costs, Counts On Acquisitions
News  |  6/14/2012
Dell Inc plans to slash more than $2 billion in costs over the next three years, primarily from the supply chain and sales group, as it sharpens its focus on the technology needs of corporations.
Five Critical Tactics In The Wells Fargo-Wachovia Integration
Commentary  |  6/6/2012
Few IT shops will ever work on a project as big as this historic banking acquisition. But some tactics Wells Fargo used make sense for smaller scale mergers and consolidation projects.
IT Spending to be Top Area of Bank Investment: Survey
News  |  6/6/2012
A survey conducted by KPMG also found that bank executives believe regulatory reform changes and legislative pressures will be the biggest barriers to growth during the next year
HP Says Oracle Violated Contract, Seeks Billions
News  |  6/5/2012
Oracle Corp violated a clear contract with Hewlett-Packard Co when it decided it would no longer make new versions of its database software compatible with HP's Itanium-based servers, a lawyer for HP said in court.
Bank of America Sells $10 Billion Worth of Mortgage Servicing Rights
News  |  6/5/2012
Nationstar Mortgage Holdings Inc. announced today it has reached an agreement with the bank.
HP and Oracle Set for Court Clash Over Itanium
News  |  6/4/2012
Lawyers for Hewlett-Packard Co and Oracle Corp will face off in court on Monday for opening statements in a bitter lawsuit over Oracle's decision to end support for HP's Itanium-based servers.
Misys to Merge With Turaz
News  |  6/1/2012
Vista Equity Partners has finalized its $2.6 billion all-cash takeover of the U.K. financial services vendor, and announced it will merge the company with business banking software provider Turaz.

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