Stories about: Bank One

SpongeBob SquarePants is cool, and Bob the Builder isn't a bad guy. I can even root for "Smiling Bob" on those Enzyte natural male enhancement commercials.

Austin Adams, who gained attention in 2004 for canceling a mammoth outsourcing contract with IBM, is retiring as CIO of New York City-based JP Morgan Chase Adams will step down at the beginning of October.

Once upon a time, not so very long ago, banks were among the most innovative of industries when it came to using IT to create competitive advantage. Observers of the financial services scene have begun to notice and comment on banking's boring period (1996-?). The question is, is this period of non innovation an anomaly or the new normal?

Credit card companies have room for improvement when it comes to Web site reliability, according to Keynote Systems. Poor performance over dial-up connections also is a common problem, the Web performance monitoring firm reported recently.

Sears this week killed a US$1.6 billion outsourcing deal with Computer Sciences, saying CSC failed to perform "certain of its obligations."

Sneezing and headaches are starting to mean something to many employers.

IBM reported fourth-quarter financial results on Tuesday that Chief Executive Officer Sam Palmisano called the company's strongest ever, with earnings passing US$3 billion for the first time.

Information security services companies TruSecure and Betrusted plan to announce on Tuesday that they have merged, forming a new company called Cybertrust.

IBM lost one of its highest-profile outsourced-IT clients on Wednesday, as JPMorgan Chase & Co said it is canceling the remaining portion of a contract that was intended as a seven-year, US$5 billion deal.

Betrusted has tightened its stranglehold in the Australian security solutions industry following the announcement by South Australian-based TXU that it has selected the vendor to consult on implementing security services.

During the 1990s Mark Bradley’s employer, Zurich Life Insurance Company of America, acquired a couple of companies (parts of Kemper and all of Scudder, Stevens & Clark) and merged about three or four IT shops into one large organization. Growing business meant growing IT tasks, and the number of merged shops made the service management waters murky.