Boardroom Agenda
Hartford’s McGee Shares Lessons from Clash with Activist Investor Paulson
Liam McGee, who led a rebound at Hartford Financial Services Group Inc. after shunning John Paulson's call to split the insurer, said executives shouldn't be defensive when handling activist ...
JPMorgan’s $13 Billion Deal: A Shield Against Lawsuits?
JPMorgan Chase & Co.'s record $13 billion deal to end probes into mortgage-bond sales may save the bank billions more because of what the agreement lacked: an explicit admission of wrongdoing. ...
Treasury Nominee Raskin Says Bank Rules Do Not Fit Insurers
President Barack Obama's nominee to serve as deputy U.S. Treasury Secretary told lawmakers on Wednesday she believes that large systemically important insurance companies should not face the same ...
Fed Nominee Yellen Promises to ‘Carefully Consider’ SIFI Rules for Insurers
Federal Reserve Vice Chairman Janet Yellen said the central bank will "carefully consider" how to apply new regulatory standards to insurance companies that fall under the central bank's supervision. ...
Former KPMG COO Keizer Joins Montpelier Re Board
Montpelier Re Holdings Ltd., a provider of short-tail reinsurance and other specialty lines, announced Monday that the Company's board of directors appointed Henry R. Keizer to fill a board vacancy. ...
Judge Rakoff Wants Someone to Pay For the Financial Meltdown
At a meeting of New York City securities lawyers last week, Jed Rakoff did what he does best: challenge Establishment Thinking. "While the economy has slowly improved, there are still millions of ...
Typhoon Fuels Call for Rich Nations to Compensate Poor for Global Warming Losses
The typhoon that killed thousands of people in the Philippines has energized debate about whether rich nations should compensate poor ones for climate-related losses, a proposal the U.S. and European ...
Cyber-Attacks Increasing Threat to U.S., Major Terror Attack Threats Lower: FBI Director
Attacks on the Internet are a growing threat, and Congress needs to protect companies from being sued for providing information to the government when they've been targeted, security officials told a ...