latest news releases from the newsroom
City National Bank
City National Bank Names Chief Compliance Officer
LOS ANGELES, June 25, 2007 (PRIME NEWSWIRE) -- City National Bank has appointed David L. Watson to serve as senior vice president and chief compliance officer. Watson will oversee the day-to-day activities of City National's compliance department, which is responsible for the bank's compliance with all federal, state and local laws and regulations.
EMS Technologies, Inc.
EMS Technologies to Acquire DSpace
ATLANTA, June 25, 2007 (PRIME NEWSWIRE) -- EMS Technologies, Inc. (Nasdaq:ELMG), announced today that it signed a definitive agreement to acquire DSpace, of Adelaide, Australia, for (US) $5.7 million. The acquisition will enable EMS to build on the strength of its SATCOM business, which grew approximately 40 percent last year, and to exploit rising demand for Inmarsat's BGAN services in new markets.
AmTrust Financial Services, Inc.
AmTrust Financial Services, Inc. Announces Agreement to Acquire Associated Industries Insurance Services, Inc. and Associated Industries Insurance Company, Inc.
NEW YORK, June 25, 2007 (PRIME NEWSWIRE) -- AmTrust Financial Services, Inc. (Nasdaq:AFSI) announced today that it entered an agreement to acquire all of the issued and outstanding stock of Associated Industries Insurance Services, Inc., a Florida-based workers' compensation managing general agency, and its wholly-owned subsidiary, Associated Industries Insurance Company, Inc., a Florida workers' compensation insurer, also licensed in Alabama, Georgia and Mississippi (collectively, "Associated") for approximately $41.2 million. Consummation of the transaction is subject to regulatory approval.