Latest Seven Bank Ltd ADR (SVNBY) Headlines Glo
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Global Axcess Corp Secures Asset Purchase Agreement with FCTI
PR Newswire - Tue Aug 06, 5:01AM CDT
Global Axcess Corp (OTC Bulletin Board: GAXC; the "Company"), a leading provider of ATM services and DVD self-service kiosks, announced today that it entered into as Asset Purchase Agreement with a "stalking horse bidder," Financial Consulting & Trading International, Inc. ("FCTI") a wholly owned subsidiary of Seven Bank, Ltd., to acquire substantially all of the assets of the Company's ATM operating business. The DVD assets will be sold under a separate process. The ATM business sale will potentially allow the Company to emerge with the strong financial backing of a new owner with substantial experience in the ATM industry.
Hampton Roads Bankshares Announces Consolidation of Seven Bank Branch Locations Into Nearby Branches
GlobeNewswire - Wed Mar 27, 7:00AM CDT
Hampton Roads Bankshares, Inc. (Nasdaq:HMPR) (the "Company"), the holding company for The Bank of Hampton Roads and Shore Bank, announced today the consolidation of seven The Bank of Hampton Roads and Shore Bank branch locations into nearby branches. These branch consolidations are one component of the Company's long term strategic plan, known as "One Bank", which forms the blueprint for the Company's future success. The strategic framework of "One Bank" provides for the optimal combination of branches and online/mobile banking technologies, supported by highly experienced bankers, to offer customers convenience and high service levels while maintaining an efficient, competitive cost structure. After consolidation, the Company will continue to operate 33 full service strategic branch locations along with a full suite of the latest technologies including online, mobile and remote banking products and services. The Company continues to invest in its electronic banking technologies, most recently announcing th