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[16 Jan 2009 | No Comment | 538 supporters]

Korea Exchange Bank (KEB) and IBM (NYSE: IBM) announced the completion of KEB’s mainframe migration to IBM System z10 which will enable the bank’s credit card business (KEB Card) to create an advanced and smarter IT environment to improve efficiency and customer service.
Under the agreement signed in October 2008, IBM provided KEB Card with three units of the System z10 Enterprise Class (EC), the most advanced IBM System z mainframe with the equivalent capacity of nearly 1,500 x86 servers, with an 85% smaller footprint, up to 85% lower energy costs.
IBM …

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[31 Aug 2008 | No Comment | 704 supporters]

In 1985, when he was fourteen and in high school in Escondido, California, Anderson was subject to one of the largest FBI raids in California history after hacking into a Chase Manhattan Bank computer system and subsequently showing his friends how to do it.
MySpace and Anderson would not comment on this post. But most of the information is now available online as news articles from the 1980s (and earlier) have been added to Google and other search engines. We came across an initial article accidentally and started investigating from there. …

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[26 Mar 2008 | 4 Comments | 1,045 supporters]

Maybank is pleased to announce that it has today entered into a conditional sale and purchase agreement (“SPA”) to acquire up to 100% of Sorak Financial Holdings Pte Ltd (“Sorak”) for a cash consideration of approximately USD1.5 billion (RM4.8 billion) paving the way for Malaysia’s largest financial services group to be the controlling shareholder of Bank Internasional Indonesia (“BII”). The transaction price was agreed on a willing-buyer and willing-seller basis.
Sorak is 75%-owned by Financial Fullerton Financial Holdings Pte. Ltd., a wholly owned subsidiary of Temasek Holdings (Private) Limited, and 25%-owned …