BayernLB Upgrades VWD Terminals

Most of the 400 new screens are located across 47 Bavarian savings and loans banks that form part of BayernLB, with six screens deployed at the bank's headquarters in Munich, which will provide first-level support to the local subsidiaries.

The project to upgrade the terminals began on June 1. The bank has already transitioned around 80 percent of the 400 planned users, and plans to complete the migration across all of its local S&L banks by October. Philip Karlstetter, department head at

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The Cusip lawsuit: A love story

With possibly three years before the semblance of a verdict is reached in the ongoing class action lawsuit against Cusip Global Services and its affiliates, Reb wonders what exactly is so captivating about the ordeal.

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