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Saturday, November 21, 2009
News Making Money

Bank of America Merrill Lynch Names New Orange County Commercial Banking Executive

03/11/2009 15:15 (18 Day 00:12 minutes ago)

The FINANCIAL -- Bank of America Merrill Lynch on November 2 announced its Orange County commercial banking operations will be led by Global Commercial Banking Market Executive Tony Sciarrino.

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Sciarrino will work from the bank’s Costa Mesa office, with a 25-person commercial banking team dedicated to its commercial business clients throughout Orange County.

 

This team of financial professionals provides seamless, integrated delivery of the full capabilities of the bank - including credit, treasury, liquidity, investment banking, wealth management, international and capital markets solutions - to commercial businesses with annual sales of between $20 million to $2 billion.

 

“Orange County is a significantly important market for Bank of America Merrill Lynch, and we are directing the best resources and expertise here, starting with Tony,” said George Smith, Commercial Banking Pacific Southwest Region executive for Bank of America Merrill Lynch. “Commercial clients in Orange County can now benefit tremendously from the unmatched combination of our local commercial banking team with the new wealth and investment banking and management capabilities offered through Merrill Lynch.”

 

Sciarrino also oversees Global Commercial Banking teams in West Los Angeles, the South Bay, the San Fernando Valley and the Central California Coast. Prior to this, he was a senior client manager in the bank’s San Diego Commercial Banking office, and led business development for the Greater San Diego Global Commercial Banking market.

 

Sciarrino has been with Bank of America since 1992. He has a bachelor’s degree in business administration from the University of San Diego, and is a series 7/63/24 licensed investment professional.

 

 

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Politics
Ruling Party Firm on 30% Threshold for Mayoral Election

21/11/2009 13:54 (01:33 minutes ago)

The FINANCIAL -- According to Civil Georgia, the ruling party has already compromised on number of key electoral issues, including on rule of electing Tbilisi mayor and now expects the Alliance for Georgia to reciprocate and agree on 30% threshold for electing the capital city’s mayor, a senior ruling party lawmaker said on November 20.

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INSURANCE
ING restructuring plan approved by European Commission

19/11/2009 12:39 (2 Day 02:48 minutes ago)

The FINANCIAL -- ING announced on November 18 that the European Commission has formally approved the restructuring plan submitted by ING .

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