Banking News

SunGard has reported a net income of $94m for the fourth quarter of 2011 compared to a net loss of $117m for the same period in 2010. [...]

Deutsche Borse's derivatives exchange unit Eurex is planning to introduce a new trading system in the fourth quarter of 2012, subject to the required legal approvals. [...]

Credit Agricole Private Equity has made an investment in IT consulting and services company e-Frontech alongside French State telecom engineer Edith Letournel who is acquiring the company. [...]

Heartland Payment Systems has reported a net income of $11.32m, or $0.28 diluted earnings per share, for the fourth quarter of 2011, compared to $6.67m, or $0.17 diluted earnings per share, for the same period in 2010. [...]

Sri Lanka-based asset management firm NDB Aviva Wealth Management has selected US-based Advent Software's wealth management solution which covers portfolio, client relationship and trade order management. [...]

CBOE Holdings has reported a net income of $31.3m, or $0.35 diluted earnings per share, for the fourth quarter of 2011, compared to $30.7m, or $0.31 diluted earnings per share, for the same period in 2010. [...]

Walker Crips Stockbrokers has hired Mark Rushton as its chief investment officer. [...]

Brazil-based investment bank BTG Pactual and Chile-based investment bank Celfin Capital have merged to form a new Latin American investment bank. [...]

US-based SharePlus Federal Bank has named Thomas Heslep as senior vice president of commercial lending. [...]

MasterCard Worldwide and Silver Tail Systems, a provider of web session intelligence, have formed an alliance to focus on leveraging and creating solutions to help combat online fraud. [...]