Read Larry Connors' blog – Short Term Trading Strategies
FOREX Bank has partnered with MoneyGram International since 2004, providing International money transfers across 100 locations in Sweden, Denmark, Finland and Norway. "We are delighted to extend our agreement with such a strategic partner. FOREX Bank has delivered strong, transaction growth year-on-year," said Mark Crowson, regional director for Northern Europe at MoneyGram. Crowson continued, "FOREX Bank offers solid network coverage, a reputation for exceptional customer service and a well-known, respected brand. We look forward to working closely in growing the MoneyGram brand, identifying new growth opportunities and developing new products and channels." Daniel Soderberg, deputy managing director at FOREX Bank, added "We are extremely pleased to continue our long-term partnership with MoneyGram. As FOREX Bank evolves from a foreign exchange bureau into a consumer bank, it is critical that we offer compelling financial services that both retain current customers and acquire new ones. We are excited about the future and growing our money transfer business with MoneyGram." The completion of the new agreement illustrates the opportunity presented by money transfers in the Nordic Region -- particularly in light of the volume of money sent overseas from Sweden and Norway by growing migrant populations. According to the World Bank, the Nordics represents a key remittance market with an estimated 3 million immigrants currently residing and working across the region. About MoneyGram International MoneyGram International offers more control and more choices for people separated from friends and family by distance or those with limited banking relationships to meet their financial needs. A leading global provider of money transfer services, MoneyGram International helps consumers to safely send money around the world with funds arriving in as little as 10 minutes. Its global network is comprised of 180,000 agent locations in 190 countries and territories. MoneyGram's convenient and reliable network includes retailers, international post offices and financial institutions. To learn more about money transfer, please visit www.moneygram.com About FOREX Bank In 2003, FOREX Bank, the leading foreign exchange company established in 1965, extended its business into consumer banking. Today FOREX Bank offers currency, savings & loans, cash, credit & prepaid cards, payment & cashier services and money transfer. More products and services within the area of consumer banking are currently in development including mortgages and investments funds. Our services are available at over 100 conveniently located shops in Sweden, Finland, Denmark, Norway and UK, and at www.forex.se. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6089431&lang=en SOURCE: MoneyGram International MoneyGram James Casey, + 44 (0) 7827 887420 jcasey@moneygram.com or FOREX Bank Daniel Soderberg, + 46 (0) 8 587 60707 Daniel.soderberg@forex.se For full details on Moneygram International (MGI) click here. Moneygram International (MGI) has Short Term PowerRatings of 6. Details on Moneygram International (MGI) Short Term PowerRatings is available at This Link.
Email Print Archives Feedback Email Article Link
Close X
Related News [MGI]
UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
Thursday December 3 12:30 PM
* Attendance is strictly limited and are filled on a first-come, first-served basis.
The TradingMarkets Directory
Stocks
Options
Forex
E-mini/Futures
How to Trade
Tools
PowerRatings
Blogs
Premium Subscription Services
RELATED SITES
Please call 1-213-955-5858 ext. 1
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. The Connors Group, Inc. © Copyright 2009 The Connors Group, Inc. All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy. © 2009 The Connors Group, Inc.
|
