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       <title>Financial Services - livepress.com</title>
      <link>http://financial-services.livepress.com</link>
			<id>http://financial-services.livepress.com</id>
  <updated>2006-08-03 08:35:41</updated>
  <entry>
    <title><![CDATA[Wal-Mart's Mexico unit eyes banking 
    (AP)
]]></title>
    <link href="http://livepress.com/go/?132497"/>
    <id>http://livepress.com/go/?132497</id>
    <updated>2006-08-03 08:31:09</updated>
    <summary><![CDATA[    AP - The Mexican unit of  Wal-Mart  Stores Inc. has filed for a  banking  license with local regulators, the latest retailer to enter the realm of  financial services  in Mexico in recent years.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[M.Stanley in talks on News Corp Boston land: report 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?129504"/>
    <id>http://livepress.com/go/?129504</id>
    <updated>2006-07-29 13:51:33</updated>
    <summary><![CDATA[Reuters -  Financial services  firm  Morgan Stanley  
 and a Boston property developer are in talks to purchase 
waterfront land in the Northeastern city from  News Corp  
, the Boston Globe reported on Saturday.]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Hartford posts lower earnings in second quarter 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?128342"/>
    <id>http://livepress.com/go/?128342</id>
    <updated>2006-07-27 16:40:00</updated>
    <summary><![CDATA[Reuters -  Hartford Financial Services  Group Inc. 
, one of the largest U.S. insurers, said on Thursday 
that second-quarter earnings fell 21 percent, hurt by a 
settlement with a reinsurance carrier.]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Bernanke: High energy prices hurt economy 
    (AP)
]]></title>
    <link href="http://livepress.com/go/?124108"/>
    <id>http://livepress.com/go/?124108</id>
    <updated>2006-07-20 23:49:14</updated>
    <summary><![CDATA[    AP - Surging energy prices are acting like a double whammy on the country's economy, crimping growth even as they push up inflation, Federal Reserve Chairman Ben Bernanke said Thursday.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Bernanke: High energy prices hurt economy 
    (AP)
]]></title>
    <link href="http://livepress.com/go/?123977"/>
    <id>http://livepress.com/go/?123977</id>
    <updated>2006-07-20 19:31:53</updated>
    <summary><![CDATA[    AP - Surging energy prices are acting like a double whammy on the country's economy, crimping growth even as they push up inflation, Federal Reserve Chairman Ben Bernanke said Thursday.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Bernanke says wages can, should grow 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?123842"/>
    <id>http://livepress.com/go/?123842</id>
    <updated>2006-07-20 15:44:28</updated>
    <summary><![CDATA[    Reuters - There is room for American workers' 
wages to grow and reason to expect it, Federal Reserve Chairman 
Ben Bernanke Thursday told congressional critics who said pay 
wasn't keeping pace with profits.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Dubai To Set Up An Offshore Financial Hub In India]]></title>
    <link href="http://livepress.com/go/?121192"/>
    <id>http://livepress.com/go/?121192</id>
    <updated>2006-07-14 06:56:17</updated>
    <summary><![CDATA[Dubai International Financial Center(DIFC), a major regional offshore  financial services  hub, said it was in talks to create a financial district in India. Omar bin Sulaiman, governor of the state-owned DIFC, said the Indian center might open as early as 2007 but stressed that talks with the...]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Chinese Foreign Investment Gets International Players]]></title>
    <link href="http://livepress.com/go/?114442"/>
    <id>http://livepress.com/go/?114442</id>
    <updated>2006-06-28 08:41:48</updated>
    <summary><![CDATA[Foreign  financial services , like ABH AMRO, HSBC and Citibank are hoping to grab hold of opportunities to link up with China's investment of its rising wealth in overseas markets. However, industry experts along with analysts claim that foreigners seeking a license to invest Chinese finances...]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Discover targets small business with new card plan 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?104095"/>
    <id>http://livepress.com/go/?104095</id>
    <updated>2006-06-12 01:10:53</updated>
    <summary><![CDATA[Reuters - Discover  Financial Services , the 
credit card division of  Morgan Stanley  , on Monday 
launched a card targeting small business owners, a big market 
it says gets little attention from other issuers.]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Fabian's Sell Signals Push Clients To Cash 
    (Investor's Business Daily)
]]></title>
    <link href="http://livepress.com/go/?95972"/>
    <id>http://livepress.com/go/?95972</id>
    <updated>2006-05-26 19:59:58</updated>
    <summary><![CDATA[Investor's Business Daily - Doug Fabian has moved mostly in cash. The chief investment strategist at Fabian  Financial Services  used to invest mainly in mutual funds. But earlier this year he launched ETF Trader, a newsletter geared to exchange traded funds.]]></summary>
  </entry>
  <entry>
    <title><![CDATA[MasterCard IPO prices below forecast 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?94478"/>
    <id>http://livepress.com/go/?94478</id>
    <updated>2006-05-24 20:48:25</updated>
    <summary><![CDATA[    Reuters - MasterCard Inc., the world&#039;s No. 2 
credit-card association, priced an initial public offering of 
stock worth about &#36;2.4 billion on Wednesday, amid expectations 
of strong demand for one of the  financial services  industry&#039;s 
top brands.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[MasterCard IPO set to price amid investor optimism 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?94193"/>
    <id>http://livepress.com/go/?94193</id>
    <updated>2006-05-24 13:13:03</updated>
    <summary><![CDATA[Reuters - MasterCard Inc., the world's No. 2 
credit-card association, is set to price its initial public 
offering later on Wednesday amid expectations of strong demand 
for one of the  financial services  industry's top brands.]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Wal-Mart quarterly profit beats forecasts 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?88282"/>
    <id>http://livepress.com/go/?88282</id>
    <updated>2006-05-16 06:53:12</updated>
    <summary><![CDATA[    Reuters -  Wal-Mart  Stores Inc. , the 
world&#039;s biggest retailer, on Tuesday posted a 
better-than-expected 6 percent rise in quarterly profit as new 
merchandise such as its Metro 7 clothing line boosted spring 
sales.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Wal-Mart testimony inaccurate on bank leases 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?84234"/>
    <id>http://livepress.com/go/?84234</id>
    <updated>2006-05-10 05:49:48</updated>
    <summary><![CDATA[    Reuters -  Wal-Mart  gave inaccurate testimony 
to U.S. regulators considering its application to open a bank, 
wrongly describing a provision of some leases signed by banks 
in its stores, according to leases obtained by Reuters.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[GM to sell 51 pct of GMAC to Cerberus group 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?60867"/>
    <id>http://livepress.com/go/?60867</id>
    <updated>2006-04-03 07:46:41</updated>
    <summary><![CDATA[    Reuters -  General Motors  Corp.  on Monday 
said it had agreed to sell a 51 percent stake in its financing 
arm,  General Motors  Acceptance Corp., to a consortium led by 
hedge fund Cerberus Capital Management LP for &#36;14 billion, 
payable over three years.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[GM may announce sale of GMAC stake to Cerberus 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?60698"/>
    <id>http://livepress.com/go/?60698</id>
    <updated>2006-04-03 00:57:33</updated>
    <summary><![CDATA[    Reuters -  General Motors  Corp.  is 
expected to announce on Monday it will sell a controlling stake 
in its  General Motors  Acceptance Corp.  financial services  
business to a consortium led by hedge fund Cerberus Capital 
Management LP for a total of roughly &#36;11 billion, sources 
familiar with the situation said on Sunday.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[GM may announce sale of GMAC stake Monday: sources 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?60581"/>
    <id>http://livepress.com/go/?60581</id>
    <updated>2006-04-02 19:39:31</updated>
    <summary><![CDATA[    Reuters -  General Motors  Corp.  may 
announce as soon as Monday a decision to sell a controlling 
stake in  General Motors  Acceptance Corp., its financial 
services business, for about &#36;11 billion, sources familiar with 
the situation said on Sunday.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Decision looms on GMAC stake sale 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?59907"/>
    <id>http://livepress.com/go/?59907</id>
    <updated>2006-03-31 23:06:50</updated>
    <summary><![CDATA[Reuters - The board of  General Motors  Corp. 
 is edging toward a decision this weekend on whether to 
sell a controlling stake in  General Motors  Acceptance Corp., 
its  financial services  business, for about $11 billion, sources 
familiar with the negotiations said on Friday.]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Zurich Financial settles with 3 US states 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?56553"/>
    <id>http://livepress.com/go/?56553</id>
    <updated>2006-03-27 16:33:51</updated>
    <summary><![CDATA[    Reuters - Zurich  Financial Services  
 on Monday agreed to pay &#36;153 million to settle 
 insurance  bid-rigging charges by New York, Connecticut and 
Illinois, bringing to about &#36;325 million in such settlements it 
has made with 12 U.S. states.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Healthcare Executives Believe Efficient Payment Methods Could Reduce Costs]]></title>
    <link href="http://livepress.com/go/?53925"/>
    <id>http://livepress.com/go/?53925</id>
    <updated>2006-03-22 14:02:07</updated>
    <summary><![CDATA[ Ayinde O. Chase - AHN Staff Writer
 Pittsburgh, Pennsylvania (AHN) &#150; According to a study released on Wednesday by PNC  Financial Services  Group, hospital and  insurance  executives believe that an automated medical claims and payment process may reduce the costs of health care in the United...]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Hard to know what bond rates signal: Bernanke 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?52710"/>
    <id>http://livepress.com/go/?52710</id>
    <updated>2006-03-20 22:22:06</updated>
    <summary><![CDATA[    Reuters - Federal Reserve Chairman Ben Bernanke 
said on Monday it was hard to  gauge  why long-term interest 
rates were so low and said the U.S. central bank could not rely 
on them as its sole guide for policy-making.  ]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Zurich American Will Pay $171 Million In Bid-Rigging Case]]></title>
    <link href="http://livepress.com/go/?52089"/>
    <id>http://livepress.com/go/?52089</id>
    <updated>2006-03-20 02:42:42</updated>
    <summary><![CDATA[ Matthew Borghese - AHN Staff Writer
 Washington, D.C. (AHN) - A unit of Zurich  Financial Services  AG, will pay $171 million to nine U.S. states to settle a case involving bid rigging and price fixing. 
 According to Texas Attorney General Greg Abbott, the American unit of the biggest Swiss...]]></summary>
  </entry>
  <entry>
    <title><![CDATA[St. Paul denies merger talks with Zurich Financial: WSJ 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?51983"/>
    <id>http://livepress.com/go/?51983</id>
    <updated>2006-03-19 20:51:54</updated>
    <summary><![CDATA[Reuters - St. Paul Travelers Cos.  on 
Sunday denied reports that it's been in merger discussions with 
Zurich  Financial Services  Group , according to a 
report in the online version of the Wall Street Journal.]]></summary>
  </entry>
  <entry>
    <title><![CDATA[Amazon and Fidelity link up in financial services 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?50791"/>
    <id>http://livepress.com/go/?50791</id>
    <updated>2006-03-17 10:14:17</updated>
    <summary><![CDATA[Reuters - Fidelity Investments plans to sponsor a 
 financial services  store on Amazon.com Inc. , giving 
customers of the No. 1 online retailer access to the products 
of the world's biggest mutual fund company, Fidelity said on 
Friday.]]></summary>
  </entry>
  <entry>
    <title><![CDATA[St. Paul and Zurich Financial discuss merger: WSJ 
    (Reuters)
]]></title>
    <link href="http://livepress.com/go/?50550"/>
    <id>http://livepress.com/go/?50550</id>
    <updated>2006-03-17 01:54:24</updated>
    <summary><![CDATA[Reuters - St. Paul Travelers Cos.  is 
discussing the possibility of a merger with Zurich Financial 
Services  of Switzerland in what could be one of the 
largest acquisitions by a U.S. company in Europe, the Wall 
Street Journal reported on Friday.]]></summary>
  </entry>
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