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After a two year selection process, Allianz Mexico has been chosen to take over the pension liabilities of four state-owned banks in liquidation: Banco Union, Banca Cremi, Banco
The offer, which is equivalent to $1.8 billion, signals the Scandinavian bank’s desire to expand into becoming the largest bank in the Nordic-Baltic region. Swedbank’s offer is equivalent
The latest revelation, reported by the Times Online, adds to an already bad few days for Citigroup, which earlier in the week hit the headlines when Jean-Claude Trichet,
An article in the South China Morning Post quoted Alliance Capital’s chief executive, Lewis Sanders, as stating that the company has the potential to provide services to high
This acquisition represents one of several strategic initiatives Beneficial is undertaking to enhance its traditional banking services, said George Nise, president and CEO of Beneficial Savings Bank. It
The new joint venture, Millenniumbcp Fortis Insurance Group, will become Portugal’s market leader in life insurance. This leading position is due to Banco Comercial Portugues (BCP)’s previous strong
Pacific Life Funding Retail Notes will be offered through Abn Amro’s European Direct Access Notes (EuroDANs) platform, a continuously offered corporate bond distribution system designed to provide individual
Exante’s health benefit card programs include applications for Flexible Spending Accounts (FSAs) and Health Reimbursement Accounts (HRAs), and enable verification of health benefit eligibility. The new Health Savings
Almanij shareholders will receive new shares proportionate to their existing shareholding in Almanij. There will be no cash consideration. Prior to the merger, Almanij will make an unconditional
The Thai Zurich Insurance Company’s name will change to reflect the change in ownership. Terms and conditions of the transaction have not been disclosed. Zurich’s global corporate customers