03/03/2016
Marsh & McLennan Agency Acquires Celedinas Insurance Group in Florida
MMA is a subsidiary of Marsh established in 2008
Alternative Investments
03/02/2016
Network International to Buy Emerging Markets Payments Group
Dubai-based company paying over $300 million to expand in Middle East and Africa
03/02/2016
Washington Park Advisors Launches on tru Independence Platform
Their primary investment philosophy revolves around the absolute level of earnings rather than the velocity of the growth of earnings.
03/02/2016
Ironshore launches new $1m private insurance portfolio
Ironshore’s personal lines policy will be available for high net worth homeowners with properties valued in excess of $1 million.
03/02/2016
Ex-Morgan Stanley banker hopes to raise $1bn for new fund
He tried to raise a smaller version of the fund four years ago but put those efforts on hold as he launched DBO.
03/02/2016
Bank of America Developing Trade Finance Blockchain Pilot
Tiede also said that this particular pilot program is being developed in private
03/02/2016
Brazil's Oi hires PJT Partners to renegotiate debt
Rothschild, which Oi hired last year to improve the company's debt profile, will negotiate with local lenders
03/01/2016
Ironshore launches new $1m private insurance portfolio
Pennsylvania and Georgia will be the first states approved for new business effective March and April 2016
03/01/2016
Sovereign Funds Sold Equities Across the Board in 2015, Fleeing Broad Indices
Over $17 billion was withdrawn from global equity mandates
02/29/2016
Gatehouse completes portfolio acquisition of ten select service hotels in the US
This acquisition marks Gatehouse's second investment into the select service hospitality space, following its acquisition in 2014 of a Marriott Residence Inn located in Midtown, Manhattan.
02/29/2016
Financial advisors at Maynard's Centinel Financial Group named 2016 Five Star Wealth Managers
Five Star Professional identifies wealth manager award candidates through firm nominations, peer nominations and industry qualifications.
02/29/2016
New York real estate continues to slow as dollar gains strength
For the overall market, slower price growth and longer time on market isn’t necessarily a sign that prices will drop
02/29/2016
Instinet named Best Cross-Asset Trading Solution by Wall Street Letter
Last year, Instinet was awarded Best Algorithmic and Crossing Network Provider by WatersTechnology
02/26/2016
A burgeoning group aims to crash N.Y.C.'s hedge fund parties
Founded in early 2015, the Hedge Clippers differ from Occupy Wall Street in the sense that it solely targets hedge funds.
02/26/2016
NorthStar Realty Hires UBS to Aid on Possible Recombination
NorthStar Realty shares jumped 16 percent
02/26/2016
MetLife’s Advisor Force May Go to MassMutual
MetLife’s captive brokerage operations have gone through several upheavals in recent years.
02/26/2016
AMMB's 3Q net profit drops 27.96% on lower income
For the nine months ended Dec 31, net profit came in 26.96% lower at RM1.02 billion against RM1.4 billion a year ago.
02/25/2016
Fidelity star eyes ‘extreme’ levels in materials for $7.7bn fund
In an investor update, Agudo said he had largely added to agriculture stocks rather than mining or resources stocks, but has held back from a wholesale move into the sector.
02/25/2016
Fidelity Suspends MetLife Annuity Sales as Insurer Mulls Breakup
His plan left unanswered questions about the timing of the split and what form it will take.
02/25/2016
Eddie George to start wealth management firm
Former Titans running back ready for next role after starring on Broadway