The acquisition by Wells Fargo & Company of Wachovia Corporation, which secured Federal Reserve System approval Sunday, puts the company on track to be the fourth-largest insurance broker in the Unite
However, the number of bank holding companies reporting insurance income decreased slightly, according to findings by Michael White Associates bank insurance consulting firm in Radnor, Pa., and the Am
Wachovia is a major insurance brokerage player, ranked in the top 15 insurance brokerage firms in the United States. The company says it employs more than 1,300 insurance professionals, with annual
Wachovia is a major insurance brokerage player, ranked in the top 15 insurance brokerage firms in the United States. The company says it employs more than 1,300 insurance professionals, with annual re
Martin Sullivan must have realized he had a hard act to follow when he took over for industry titan Maurice Greenberg as CEO at AIG, but I doubt he thought it was going to be this hard, after he was
A bank analyst has lowered his second-quarter earnings estimate for American International Group based on credit market deterioration and expected accelerated recognition of credit default swap (CDS)
The report, compiled by Michael White Associates, a Radnor, Pa.-based consulting firm, and sponsored by Bellevue, Wash.-based Symetra Financial investment company, measures and benchmarks bank holding
American International Group Chairman Robert B. Willumstad, speaking to analysts after suddenly taking over the additional duties of chief executive officer last week, vowed to reveal a "strong game
A corporate governance firm estimated yesterday that Martin Sullivan, who was replaced Sunday as American International Group's chief executive officer, will receive approximately $68 million in sever
American International Group, Inc. named chairman Robert B. Willumstad to the additional position of chief executive officer. Willumstad succeeds Martin J. Sullivan, who is leaving AIG and its board of directors. The board has also named Stephen F.