Lead Editor: Sean McMahon

About This Industry

SmartBrief brings you all the latest news from every corner of the financial services sector. When you need more intel about how market trends and policymakers are going to affect you and your business, SmartBrief has you covered.

What are board members doing to combat risk?


  • CGMA Magazine online

U.S. public company board members are increasing certain procedures to prevent fraud risk, but many are not comfortable with their understanding of their companies' risk appetite, according to a new s… Read More

Civeo opts against becoming a REIT, will relocate to Canada


  • Bloomberg
  • News & Observer (Raleigh, N.C.), The

Houston-based Civeo, a company that owns worker housing mostly located in Canada and Australia, has decided not to become a REIT but to relocate its headquarters to Canada. Civeo said the move would b… Read More

Suit brought by Fannie, Freddie investors against U.S. dismissed


  • Examiner (Washington, D.C.), The
  • Bloomberg

Judge Royce Lamberth of the U.S. District Court for the District of Columbia dismissed a lawsuit brought by a group of investors in Fannie Mae and Freddie Mac. The investors sought to reverse an Obama… Read More

Consumer advocates want stricter ACA single-risk-pool designations


  • National Underwriter Life & Health

State regulators should treat a health insurer and all of its affiliates within a market as a single entity under the Affordable Care Act's single-risk-pool provision, consumer advocates said in a let… Read More

Europe surpasses U.S. in M&A activity among insurers, report says



Mergers-and-acquisitions activity among U.S. insurers decreased to 97 transactions from July 2013 through June, while such transactions among European insurers rose to 139, according to a Clyde & Co. … Read More

AmEx exec to lead PayPal as it separates from eBay


  • Bloomberg Businessweek

American Express' Dan Schulman, who helped lead the company's development of online and mobile banking and products for the underbanked, will be president and CEO of PayPal as it breaks away from pare… Read More