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Woori, Hana Ordered to Cover Investors' Losses

Korea Times, The | 18 hours 7 minutes ago

Court Ruling Seen as Move to Bring More Accountability to Financial Firms By Park Si-soo Staff Reporter A Seoul court ordered an asset management firm and a bank to pay 6.1 billion won ($5.25 million) in compensation to 214 private investors, Monday, for losses incurred by their arbitrary change of terms of investments.... (more)


Reliance Cap gets foreign interest in life unit

Reuters | 20 hours 15 minutes ago

MUMBAI (Reuters) - Indian financial services firm Reliance Capital (RLCP.BO: Quote, Profile, Research, Stock Buzz) has been approached by three foreign insurance companies looking to take a stake in its life insurance business, its chief executive said on Monday.... (more)


Economic optimism is inflated and there is a deficit of clear thinking

Observer (London), The | 2 days 4 hours 4 minutes ago

With no signs of green shoots, Mervyn King is right to be downbeat - whatever the Queen said" /> <link rel="stylesheet" type="text/css" href="http://combo.guim.co.uk/82479/common/styles/wide/attention-data.css" media="screen... (more)


Tower Group To Appoint Hitselberger CFO

National Underwriter | 3 days 9 hours 39 minutes ago

Tower Group said William E. Hitselberger of PMA Capital Corp. ... (more)




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