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The survival deal was secured when former parent company LG Group agreed to inject half the required funds. However, creditors will be even keener to offload the troubled
Exante’s health benefit card programs include applications for Flexible Spending Accounts (FSAs) and Health Reimbursement Accounts (HRAs), and enable verification of health benefit eligibility. The new Health Savings
Almanij shareholders will receive new shares proportionate to their existing shareholding in Almanij. There will be no cash consideration. Prior to the merger, Almanij will make an unconditional
The Thai Zurich Insurance Company’s name will change to reflect the change in ownership. Terms and conditions of the transaction have not been disclosed. Zurich’s global corporate customers
The Financial Services Authority found that Bradford & Bingley did not make suitable recommendations to customers, did not maintain adequate records of sales, and did not have in
Following a competitive bidding process, Dresdner Bank has decided to enter into exclusive negotiations with a consortium consisting of Lone Star and Merrill Lynch. The loan portfolio is
The announcement reflects a Federal Reserve report earlier in December that consumers are using debit cards, credit cards and electronic payments more often than checks for the first
The transaction is subject to the necessary approvals and is expected to close during the second quarter of 2005. UBS takes on a business with 137 staff and