BB&T to Acquire P/C, Life Insurance Units of Wholesaler Crump Group
North Carolina-based BB&T Corp. is buying the property/casualty and life insurance units of Roseland, N.J.- based insurance wholesaler Crump Group. Under the terms of the agreement, BB&T said it will pay $570 million in cash for Crump Property/Casualty Insurance Services …
China Life Leads Gains in N.Y. Index on Lending: China Overnight
Chinese stocks in the U.S. advanced, led by China Life Insurance Co., on the prospect policy makers will allow banks to boost lending to help avert a slowdown in Asia’s fastest growing economy.
Credit Suisse, Standard Life, Glaxo, AIG, Apple, Redknapp in Court News
Former Credit Suisse Group AG (CSGN) traders David Higgs and Salmaan Siddiqui pleaded guilty to falsifying prices tied to collateralized debt obligations to meet targets and boost year-end bonuses.
A.M. Best Upgrades Ratings of The Fuji Fire & Marine Insurance Company, Limited
A.M. Best Co. has upgraded the financial strength rating to A- from B++ and the issuer credit rating to “a-” from “bbb+” of The Fuji Fire & Marine Insurance Company, Limited .
Most Equities Gain on Lending Boost Speculation: China Overnight
Most Chinese stocks in the U.S. advanced, led by China Life Insurance Co., on the prospect policy makers will allow banks to boost lending to help avert a slowdown in Asia’s fastest growing economy.