Insurance broker Bolton & Company has acquired US based independent insurance agency Reaume Financial Group. Reaume Financial, founded in 1982, provides employee benefit services in southern California. As part of the deal, Reaume ...
Tags: Reaume Financial Group, Bolton, takeover, insurance
Ascent Solar stock tumbles on public offering news 20 Sep 2012 Struggling manufacturer of thin-film photovoltaic films looks to raise cash to bolster weak balance sheet. Victor Lee Ascent Solar,the developer of flexible copper indium ...
Tags: ascent solar, public offering, stock, CEO Victor Lee
KB Financial Group, one of the four largest wealth managers by assets, has reached the final stages of discussions with Dutch insurer ING to acquire its Korean insurance unit in a deal estimated to be worth $2.2bn. The Dutch underwriter ...
US based Lincoln Financial Group has spun off Lincoln VisionConnect, a fully insured vision plan for employer benefit packages, which caters full range of vision benefits, assisting employees to improve quality of life and production of ...
American International Group (AIG)'s life and retirement business, SunAmerica Financial Group has earmarked a definitive agreement with The Hartford Financial Services to purchase Woodbury Financial Services for an undisclosed sum. Upon ...
Tags: AIG, Woodbury Financial Services, Hartford
FBL Financial Group said that James Hohmann will be stepping down as its CEO effective 30 June 2012. Hohmanns will also be stepping down from the company's board. The company has named James Brannen, currently serving as CFO, chief ...
Tags: FBL Financial, interim CEO, James Hohmann
A US hi-tech investment bank with$20bn in assets has opened its first UK branch offering banking and loan services to the technology industry. Silicon Valley Bank(SVB),a subsidiary of SVB Financial Group,is looking for UK customers in the ...
Tags: Financial Support, SVB, Life Science, Hi-Tech Investment Bank
Korea Life Insurance Co and KB Financial Group have been shortlisted by ING for its life underwriting businesses in Asia. Sources close to the matter have told that the sales process allows bidders to bid for only part of the business, ...
Tags: ING, Korea Life, KB Financial, Asian Life-insurance Unit
ING US, the retirement, insurance and investment management operations of ING Group has appointed Michael Smith as chief risk officer to oversee its enterprise-wide and business-level risk monitoring and management program. In his new ...
Tags: ING US, Michael Smith, management program
Japanese stocks rose, with the Nikkei 225 (NKY) Stock Average rising the most in two weeks, after a North Korean rocket launch failed and Fast Retailing Co. Forecast record profit. Shares pared gains as slower growth in China tempered ...
Tags: market view, robotics