Hedge Fund News From HedgeCo.Net

Hedge Fund Boosts Red Cross Flood Relief in Pakistan

New York (HedgeCo.net) – Hedge fund service organization Harris Financial Corp., is supporting the  Red Cross flood relief and recovery efforts in Pakistan with a $100,000 contribution from the bank’s parent company, BMO Financial Group.

Additionally, through Sept. 17, 2010, Harris branches will accept donations to the Red Cross and will waive wire transfer fees for customers sending funds to Pakistan to help facilitate additional humanitarian aid.

“Our team at Harris is deeply saddened by the devastation in Pakistan,” Ellen Costello, president and CEO at Harris said, “We hope that by utilizing our resources — our retail branch network and ability to carry out wire transfers — we can help facilitate the emergency relief work of agencies like the Red Cross, which is providing vital aid to victims of this disaster.”

“We’re so pleased that Harris Bank continues to make supporting humanitarian relief efforts a priority. They’ve been a valued partner and continue to provide much needed help to people affected by disasters that strike here in our backyard, across the country or around the world,” said Heidi Mucha, Chief Advancement Officer, American Red Cross of Greater Chicago.

Editing by Alex Akesson

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