Latest News
Netherlands: ABN-Fortis won't be sold before 2011
News & Observer (Raleigh, N.C.), The | 1 hour 16 minutes ago
The Associated Press Comment on this story AMSTERDAM, Netherlands - The Dutch government named former finance minister Gerrit Zalm as chief executive of the recently nationalized ABN Amro and Fortis banks on Friday, and said the combination will not be privatized before 2011.Finance Minister Wouter Bos announced the appointment at a press conference Friday. He called Zalm an "influential leader who has affinity with the banking and political worlds."Zalm, Bos's predecessor, was the co...... (more)
Japan Approves Tokio Marine Acquisition of Philadelphia Insurance
Insurance Journal | 2 hours 5 minutes ago
Philadelphia Consolidated Holding Corp. reported that the Financial Services Agency of Japan has approved its acquisition by Tokio Marine Holdings, Inc. Advertisement Tokio Marine is acquirinsg all outstanding shares of the insurer for $61.50 per share in cash.... (more)
Your Life Insurance Policy May Not Be Protected
BusinessWeek | 11 hours 54 minutes ago
Major companies such at Met Life already are in trouble. If they fail, policyholders shouldn't count on guarantees... (more)
Mitsui, Orix, Softbank, Sumitomo Metal: Japan Equity Preview
Bloomberg | 19 hours 56 minutes ago
By Norie Kuboyama Nov. 20 (Bloomberg) -- The following companies may have unusual price changes in Japanese trading tomorrow. Stock symbols are in parentheses, and share are from the previous close. The information in each item was released after markets shut, unless stated otherwise. ... (more)
Groupama buys Turkish insurer
Business Insurance | 1 day 4 hours 6 minutes ago
ISTANBUL, Turkey—Groupama S.A. has paid 180 million ($225.5 million) for a Turkish agriculture insurer and its life insurance subsidiary. The Paris-based insurer recently completed the purchase of 99% of Guven Sigorta T.A.S. and Guven Hayat Sigorta A.S. from the Central Union of Agricultural ...... (more)
Dutch firm sees Suburban as way to bailout
Sun (Baltimore), The | 2 days 4 hours 29 minutes ago
Dutch insurer Aegon NV is exploring a bid to buy the troubled Suburban Federal Savings Bank in Crofton as a way of becoming eligible for money from the federal bank bailout plan.... (more)
Pacific Rim Bank introduces CDARS
American City Business Journals | 2 days 15 hours 24 minutes ago
Pacific Rim Bank has introduced a financial product that insures customer deposits up to $50 million. The service, Certificate of Deposit Account Registry Service, or CDARS, places customer certificate of deposits into a network of banks insured by the Federal Deposit Insurance Corp., allowing customers to manage all their funds through one portfolio at Pacific Rim Bank.... (more)
Ohio.com - Paulson, Bernanke defend use of $700 billion bailout
Akron Beacon Journal (Ohio) | 2 days 16 hours 34 minutes ago
Woman dies after I-76 crash... (more)
Q: Why is the Treasury opposed to the Federal Deposit Insurance Corp. plan on mortgages? | courier-journal | The Courier-Journal
Courier-Journal (Louisville, Ky.), The | 2 days 19 hours 9 minutes ago
A: The FDIC head wants the government to provide $24 billion to guarantee 2.2 million loans once they're modified with reduced interest rates or longer loan terms to make payments more affordable. The Treasury says the proposal is a spending plan that offers no chance of the government getting the money back.... (more)
Paulson voices opposition to Big 3 bailout bill - Sacramento News - Local and Breaking Sacramento News | Sacramento Bee
Sacramento Bee (Calif.), The | 2 days 22 hours 30 minutes ago
Treasury Secretary Henry Paulson, left, and Federal Reserve Chairman Ben Bernanke testify on Capitol Hill in Washington, Tuesday, Nov. 18, 2008 in Washington, before the House Financial Services Committee.... (more)
Bankers' Caution Is A Boon For Asset
InsuranceNewsNet | 3 days 1 hour 47 minutes ago
Insurance News Net Site Map... (more)
MAPFRE to establish reinsurer in Brazil
Business Insurance | 3 days 3 hours 50 minutes ago
MADRID, Spain—MAPFRE S.A. has been authorized to underwrite reinsurance in Brazil through its new subsidiary MAPFRE RE DO BRASIL Companhia de Reaseguros. Several international reinsurers have established operations in the Brazilian market since a new law passed in April ended the state ...... (more)
14 Stories | 
RSS Feed
Sign up for The Financial Services Roundtable SmartBrief
Companies in the news
- Federal Deposit Insurance Corp
- Fortis NV
- Groupama S.A.
- MAPFRE S.A.
- Orix
- Philadelphia Consolidated Holding Corp