Republicans grill top bankers over China ties

By Lananh Nguyen, Saeed Azhar and Scott Murdoch WASHINGTON/HONG KONG (Reuters) – Lawmakers on Wednesday pressed top U.S. bankers to take a tougher stance on doing business with China amid rising tensions between Washington and Beijing over Taiwan’s sovereignty and rights record. Chinese humans. During a hearing before the US House Financial Services Committee, Republican … Read more

AM Best downgrades credit ratings of Bankers Insurance Group members | Business Insurance

know about this AM Best downgrades credit ratings of Bankers Insurance Group members in complete details. OLDWICK, New Jersey–(COMMERCIAL WIRE)–I am better has downgraded the Financial Strength Rating to B+ (Good) from B++ (Good) and the Long-Term Issuer Credit Ratings to “bbb-” (Good) from “bbb” (Good) of members of Bankers Insurance Group (Bankers ). The … Read more

Bankers Insurance Group leaving Florida | Business Insurance

know about this Bankers Insurance Group leaving Florida in complete details. Florida’s already crippled home insurance market is taking another hit. WESH 2 News has learned that another company, Bankers Insurance Group, is pulling out of the Florida home insurance market. “Florida’s private insurance market is collapsing,” said Mark Friedlander. Friedlander is the Florida spokesperson … Read more

10 Wall Street Bankers Who Will Benefit From The Private Equity Buyout Spree

Private equity firms have an estimated $2.5 trillion in cash on the sidelines. Once stock market valuations settle, private equity firms are expected to rush in and start buying. These are some of the Wall Street bankers they’ll be calling when the buying spree begins. In his nearly two decades serving as a liaison between … Read more

After Halting New Florida Business, Bankers CEO Criticizes Reinsurers’ Excessive Price Hikes

New You can now listen to Insurance Journal articles! Two other Florida property insurers have stopped accepting new business in the state. One of them blamed it in part on unfair and unexpectedly large price increases by reinsurers this year. The other company said that despite reinsurance problems, it will probably resume underwriting later in … Read more

A Young Banker’s Purse Guide to Getting Ahead in Finance

It’s not just using the right watch that will get you ahead in investment banking. If you’re in finance, it’s also about wearing the right bag. What Business Insider reported last month, young women in banking tend to spend part of their bonuses on handbags On the day bonuses hit their bank accounts, female analysts … Read more