CFO / Financial
Job Growth Giving False Recovery Signal as Construction, Financial Sector Wages Lag
The U.S. economy added the largest number of jobs in 15 years in 2014, yet a surprising five-cent drop in average hourly earnings in December raises questions over whether a tightening labor market ...
Cagney Joining KBW Insurance Practice
Keefe, Bruyette & Woods, a full-service, boutique investment bank and broker-dealer that specializes in the financial services sector announced the appointment of Richard Cagney as Managing ...
XL Group Triggers Plan to Grab Catlin for $4.2 Billion
XL Group Plc agreed to purchase Catlin Group Ltd., a Lloyd's of London company, for about 2.8 billion pounds ($4.2 billion) as the property-casualty insurer expands in specialized commercial ...
P/C Industry Profit Estimated at Over $50B for 2014
Overall profit for the U.S. property/casualty insurance industry should pass the $50 billion mark for 2014, according to estimates presented by the president of the Insurance Information Institute on ...
Year-End M&A Spurt Heralding Busy 2015 for Deals: Fitch
Six merger and acquisition announcements in the North American property/casualty insurance and reinsurance sectors in late 2014—and another global deal on the table—may herald a raft of deals in ...
Morgan Stanley Says Employee Stole Wealth Management Client Data
Morgan Stanley said on Monday it had fired an employee who allegedly stole account information from about 350,000 of its wealth management clients and posted some of it online. There is no evidence ...
Aon Benfield Sees a Positive Angle In Reinsurance Capital Trends
The roller coaster ride engendered by the entry of large amounts of alternative capital into the reinsurance market – originally seen as a threat – has turned out to be a major factor in ...
Female CFOs Less Aggressive on Tax Dodges: Study
Female chief financial officers at U.S. corporations are less likely to adopt high-risk tax-avoidance strategies than their male counterparts, according to a study by an accounting group. The chances ...