RAPSI reported that the East Siberian District Federal Commercial Court has ruled to suspend the execution of the ruling to grant Rusal Investment Management documents and information about Norilsk Nickel's activities, the court told the ...
Tags: Norilsk Nickel's application, Russian Legal Information Agency
The Prudential Insurance Company of America has inked a purchase deal with Verizon Management Pension Plan,to settle nearly$7.5bn of pension liabilities under a single premium group annuity contract. As per terms of the ...
Tags: America, insurance, retirement
US-based Gladstone Investment has announced an investment of $16.5m in Frontier Packaging, through a combination of debt and equity. Investment management company Gladstone provided the capital to purchase the business from its previous ...
Tags: Frontier Packaging, sensitive packaging materials, Gladstone Investment
North American supplier of packaging, closures and related services, Berlin Packaging has acquired the United States Container Corporation (USCC) a distributor of industrial and rigid packaging, California. USCC, founded in 1956, is a ...
Tags: packaging, Berlin Packaging, USCC, acquisition
Dutch insurer ING's US unit has inked a $330m deal with Cognizant, pursuant to which Cognizant will expand the business process management contract between the two companies. According to the terms of the deal, Cognizant will hire over ...
Tags: Dutch insurer ING, Cognizant, insurance
US asset manager Miles Capital has appointed Christie Bull as the company’s director, institutional sales, effective from 20 August 2012. In her new role, Bull will spearhead leading and managing the institutional sales effort for ...
Tags: Miles Capital, Christie Bull, director
Fairfax Financial Holdings’ RiverStone runoff subsidiary has signed an agreement with Brit Group to buy all the outstanding shares of Brit Insurance Limited (BIL) of London, England for an undisclosed sum. According to the insurer, ...
Tags: Fairfax, subsidiary, BIL, London
Linedata, a French insurance, asset management and credit professionals’ solution provider, has rolled out new versions of Linedata Chorus, the fund accounting and administration service, and Linedata Nile, an integrated securities ...
Tags: Linedata, asset management, insurance, investment management
US life insurer MetLife is set to launch a third-party asset management business to tap opportunities in private asset sectors, including real estate equity, commercial mortgages and private placement debt. The proposed business will ...
Tags: MetLife, asset management, private asset, commercial mortgage
Allied World Financial Services Company, a subsidiary of Allied World Assurance Company, has entered into strategic partnership with MatlinPatterson, a US-based private equity and hedge fund firm, to expand its asset management business. ...
Tags: Allied World Financial Services Company, assurance, financial service
Legal & General, a UK based provider of risk, savings and investment management products has appointed its chief financial officer Nigel Wilson to succeed Tim Breedon as the new chief executive of the company from 30 June 2012. According ...
Tags: Legal and General, risk management, investment management
Prudential Individual Life Insurance, a unit of Prudential Financial has promoted Caroline Feeney, agency distribution’s vice president of the eastern territory, as the president of agency distribution. Feeney will take the place of ...
Tags: Individual Life Insurance, insurance products, investment products
Prudential Financial has appointed Michele Meyer-Shipp as the new vice president and chief diversity officer to oversee all diversity and inclusion initiatives for the company. In this role, she will also maintain ongoing compliance with ...
Tags: Prudential Financial, legal advice, counsel, training
The Prudential Insurance Company of America has inked a deal with Verizon Communications, pursuant to which the latter will transfer nearly $7.5bn in pension plan obligations to the former. Following the completion of the deal expected in ...
Tags: Prudential Insurance, Verizon Communications, pension plan, insurance
New York Life Capital Partners, a private equity affiliate of New York Life Investments has promoted its senior managing principal, Steven Benevento, to chief investment officer. Reporting to NYLCAP chief executive officer Thomas ...
Tags: New York Life Capital Partners, equity affiliate, life investment