The two were among a group of ex-Marsh executives who were charged in a criminal indictment in September 2005.
MISR Securities International of Egypt allegedly refused to pay the debit balance in its account.
MBIA has pulled away from the Association of Financial Guaranty Insurers, saying it no longer shared the trade association’s views.
J. Andrew Kalbaugh is replacing Mr. Dixon as chairman of Mutual Service as well as chairman and CEO of Associated Securities.
A top brokerage executive with an independent-contractor firm has been fired for failing to report outside business activity.
The French bank posted a $4.93 billion loss compared to a $1.7 billion profit in the year-ago period.
Eaton Vance Corp. and Deutsche Borse AG both reported impressive earnings growth in financial reports issued today.
The all-in-one rider provides an income step-up to 200% of the initial guaranteed amount 10 years into the policy.
Ex -AIG CEO Maurice R. Greenberg will get court-ordered access to legal documents that could help him fight fraud charges, according to published reports.
Assets in managed accounts grew by 20.1% last year, hitting $1.49 trillion, according to the Money Management Institute.
The New York State Insurance Department also reproached the plan, arguing that it would be “bad for the banks.”
FBR booked a net loss of $27.8 million compared with a net loss of $7 million in the year-ago period.
The Charlotte, N.C.-based bank collected $483 million in annuity fees, or 0.06% of $782.8 billion in assets.
Warren Buffett faced is facing criticism after Moody’s Investors Service — in which he is the largest stakeholder —told bond insurers to accept a bailout.
The <a href=/assets/docs/CI39631220.PDF>assessment</a> details areas where reciprocity and uniformity initiatives must improve in U.S. states.
The consumer price index increased 0.4% in January, fueled in large part by rising food and beverage prices.
Christopher Poch will run the private trust group at the firm.
First-quarter results will suffer from subprime-related trading losses.
Despite its many setbacks in 2007, TD Ameritrade Institutional has one measurable edge over bigger rivals — better trade execution, according to its executives.
As if corporations needed another reason to stop offering quarterly earnings guidance, apparently more and more companies are struggling to make these forecasts even remotely accurate.
