IFAwebnews » citigroup

Insurer sues investment firm for ‘shoddy’ mortgage securities

Jaime L. Brockway — Sun, 21 Aug 2011 23:18:56 +0000

A Northbrook, Ill.-based insurer sued Goldman Sachs and its affiliates for allegedly selling the insurer more than $123 million in securities backed by poor-quality mortgages between 2006 and 2007.

Insurer sues investment firm for ‘shoddy’ mortgage securities via IFAwebnews.

New York Career News: Berhance joins NewOak Capital, other notables

IFAwebnews Staff — Tue, 18 May 2010 12:16:01 +0000

Chad J. Berhance joined NewOak Capital as managing director and head of New Oak Solutions, a portfolio risk analytics, credit and advisory service provider to institutional investors globally.

New York Career News: Berhance joins NewOak Capital, other notables via IFAwebnews.

Report: AIG replaces Goldman Sachs as corporate advisor

IFAwebnews Staff — Fri, 07 May 2010 12:20:28 +0000

Having survived a scandal of its own, American International Group may be dropping one of its long-term partners under intense scrutiny by federal authorities.

Report: AIG replaces Goldman Sachs as corporate advisor via IFAwebnews.

Report: Insurance will stem financial impact of oil spill for BP

IFAwebnews Staff — Mon, 03 May 2010 12:40:11 +0000

With the cost of containment and cleanup of a massive oil spill in the Gulf of Mexico rising into the billions of dollars every day, the financial impact for oil company BP will be limited because of its insurance coverage.

Report: Insurance will stem financial impact of oil spill for BP via IFAwebnews.

Goldman Sachs bonus lawsuit could set trend for corporate compensation

Tony Ondrusek — Tue, 15 Dec 2009 15:36:06 +0000

Goldman Sachs, the venerable Wall Street investment banking firm, is getting heat from at least one of its clients over its current compensation practices.

In response to reported compensation and bonuses ... Read →

Goldman Sachs bonus lawsuit could set trend for corporate compensation via IFAwebnews.

Primerica, New York-based subsidiary have ratings put under review

IFAwebnews Staff — Thu, 12 Nov 2009 13:30:20 +0000

Primerica Life Insurance Co. and two of its subsidiaries had their ratings placed under review by A.M. Best with negative implications.

Primerica, New York-based subsidiary have ratings put under review via IFAwebnews.

Citigroup to sell shares of Primerica life insurance unit

Keith L. Martin — Fri, 06 Nov 2009 15:20:21 +0000

Citigroup Inc. hopes to raise $100 million through an initial public offering of its life insurance and investment vehicle, Primerica, Inc.

Citigroup to sell shares of Primerica life insurance unit via IFAwebnews.

Bank holding companies’ insurance revenues hold steady

IFAwebnews Staff — Thu, 29 Oct 2009 13:00:07 +0000

The nation’s bank holding companies’ total insurance revenue remained steady for the first half of the year compared to the same period last year.

Bank holding companies’ insurance revenues hold steady via IFAwebnews.

Scott Township man allegedly torched home night before auction day

Jaime L. Brockway — Tue, 01 Sep 2009 10:55:13 +0000

A Scott Township, Pa., man was charged with insurance fraud and other charges after allegedly etting fire to his house the day before it was to be auctioned at a ... Read →

Scott Township man allegedly torched home night before auction day via IFAwebnews.

Firms to pay Virginia $1.3 million in auction-rate securities settlement

Bob Graham — Mon, 20 Jul 2009 10:54:58 +0000

Two securities firms – Citigroup Global Markets and Banc of America Securities¬ will pay nearly $1.3 million to Virginia regulators to settle allegations that they misled investors about the safety ... Read →

Firms to pay Virginia $1.3 million in auction-rate securities settlement via IFAwebnews.