Regulators have asked local banks and foreign banks’ Chinese subsidiaries to ensure that loans at year’s end do not exceed the total outstanding by Oct. 31.
Doug Mishkin, president and chief executive officer of Algren Associates, will head up the executive board as chairman.
Monthly capital flows to the U.S. fell by $14.7 billion in September, marking the second consecutive monthly decline.
Union Labor Life Insurance Co. today settled with the Department of Labor, paying $20 million over alleged violations of federal employee benefits law.
Barclays Global Investors has launched eight new iShares international exchange traded funds.
There will be delays for the 2007 tax year both in processing and sending out refunds to the taxpayer.
Mutual funds might be forced to sell off lower-quality issues that carry a high rating due to insurance.
National Financial Services has added seven insurance carriers to the company’s annuity program for B-Ds
Mr. DiDonna will lead about 150 people specializing in reinsurance, product development, actuarial services and underwriting.
