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Banking and insurance highlights to 15:45 GMT


Published :
Wed, 24 Jan 2007 17:02
By : Agencies
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2007-01-24 14:53:16

First Cash 4Q profit climbs 26 percent

ARLINGTON, Texas (AFX) - First Cash Financial Services Inc. said Wednesday

stronger pawnshop sales and revenue from its new auto dealership business drove

a 26 percent increase in fourth-quarter profit.

2007-01-24 14:14:55

Affiliated Managers 4Q net income rises

BOSTON (AFX) - Asset-management company Affiliated Managers Group Inc. on

Wednesday said fourth quarter net income grew 26 percent, as assets under

management grew.

2007-01-24 13:58:35

Piper Jaffray 4Q profit surges

MINNEAPOLIS (AFX) - Investment bank Piper Jaffray Cos. said Wednesday its

fourth-quarter profit climbed 26 percent from last year, on strong revenue from

providing equity and fixed-income financing, as well as advisory services on

mergers and acquisitions.

2007-01-24 13:50:59

Alfa declares regular 11-cent dividend

MONTGOMERY, Ala. (AFX) - Alfa Corp., a provider of insurance and financial

services products, on Wednesday declared a regular quarterly dividend of 11

cents.

2007-01-24 11:58:00

EU closes infringement proceedings against Italy in ABN, BBVA acquisition

BRUSSELS (AFX) - The European Commission said it has decided to close an

infringement procedure against Italy concerning consolidation in the banking

markets, in a legal case which followed the blocking in 2005 of two attempted

takeovers of Italian banks by other EU banks, Banco Bilbao Vizcaya Argentaria

(BBVA) and ABN Amro.

2007-01-24 11:50:16

EU initiates legal action vs Ireland on voluntary health insurance

BRUSSELS (AFX) - The European Commission said it has sent Ireland a letter

of formal notice, the first stage in legal proceedings, requesting its

observations on the exemption of the Irish Voluntary Health Insurance Board

(VHI) from certain EU rules on non-life insurance.




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