The company, which markets itself under the name Lincoln Financial Group, said it will accept as much as $950 million in capital as part of the government's $700 billion TARP program.
The British Bankers' Association said the rate on three-month loans in dollars — known as the London Interbank Offered Rate, or Libor — was down 0.01 of a percentage point to 0.61 percent.
Standard and Poor’s Ratings Services has raised its outlook on TARP recipients The Hartford (Conn.) Financial Services Group and Lincoln National Corp.
The Internal Revenue Service could help taxpayers reduce errors by clarifying instructions and improving the layout of Form 1040, a Treasury Department report released today charged.
Sun Life Financial Inc. today said that it will buy Lincoln National Corp.’s business in the United Kingdom for about $318.6 million.
It was the largest increase since sales surged by 1.7 percent in January following six straight declines.
The Labor Department says initial claims for unemployment insurance dropped last week by 24,000 to a seasonally adjusted 601,000. That's below analysts' estimates of 615,000.
The proposal would allow the SEC to issue rules requiring companies to give shareholders more say in executive compensation.
The number of U.S. households on the verge of losing their homes dipped in May from April, and the annual increase was the smallest in three years.
Barclays Global Investors North Asia Ltd. announced today that iShares, the firm’s exchange traded fund unit, has expanded its Asia management team.
