06/19/2020
Under the terms of agreement, Metropolitan Tower Life Insurance Company will provide reinsurance to PIC for longevity risk associated with approximately £280 million of pension liabilities.
06/19/2020
The consent order stems from a complaint filed in August 2016, after an unprecedented swap reporting platform outage at Deutsche Bank that began on April 16, 2016.
06/19/2020
The massive bonuses handed to top management stand in stark contrast to the massive underfunding of worker pensions.
06/18/2020
Reports analyze integration of finance professionals in sustainable business activities
06/18/2020
New cases have accelerated in some areas where restrictions have been lifted, and public health officials have expressed concern over the possibility of a resurgence of the virus.
06/18/2020
The announcement comes amid nationwide protests over racial injustice that are drawing scrutiny of the roles banks have played in creating and perpetuating economic disparities.
06/18/2020
As part of the transaction, iCapital will offer employment to a team of Wells Fargo employees who currently support operations for the GAI Feeder Fund Platform.
06/17/2020
The exceptional team we’re building in New York will be able to leverage the firm’s deep bench of sophisticated, talented attorneys around the country to provide unrivalled value to our clients in this highly competitive space.
06/17/2020
The threat of the virus itself is still a major unknown factor, too, he said, as many people will remain cautious about going out until they think the virus is contained.
06/17/2020
FDIC says it is monitoring payouts after loan loss provisions ballooned in first quarter
06/16/2020
Strategic alliance will allow both firms to grow their offerings
06/16/2020
The office space will now open when virus restrictions allow, Delaney said, adding he expected that to be in the first half of 2021.
06/16/2020
In a letter Friday, 47 senators bemoaned the 11-page document as unwieldy as banks repurpose staff for the next stage of coronavirus relief.
06/16/2020
The Bank of England (BoE) has been accused of “putting lives at risk” after denying a request from Venezuela to release more than £800m from the South American country's gold reserves currently withheld by the UK.
06/16/2020
Wall Street firms are developing ways to return to office life as New York has begun the first of a four-phase reopening plan after companies shut many of their offices to help stem the spread of the deadly coronavirus.
06/16/2020
Republicans on the subcommittee didn’t sign onto the letters asking the banks to turn over documents.
06/15/2020
Big rush to add the asset class is not expected, experts say
06/15/2020
Brian Brooks recently became the new acting Comptroller of the Currency, the top banking regulator for the Trump administration.
06/15/2020
Partnership will raise awareness on the need to educate, assist and empower older Canadians with personal and financial planning for the future
06/11/2020
Practically speaking, this case is not likely to have a major impact on the actions of plan sponsors.