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Breaking News Sun, 20 May 2012
Greek impasse keeps euro, franc on back foot
(photo: EC / EC)
Greek impasse keeps euro, franc on back foot
The Times Of India
Tweet ZURICH: The Swiss franc remained under pressure against the dollar on Monday after Greece's political leaders failed to form a ruling coalition at the weekend and investors fretted over the spectre of a Greek exit from the euro zone. | The uncertainty weighed on the euro, and by extension the ...
Syrians, Libyans probed over money-laundering
Independent online
Zurich - The Swiss state prosecutor said on Sunday it had opened criminal proceedings against Syrian and Libyan citizens on suspicion of money laundering. | Jeannette Balmer, a spokeswoman for the prosecutor, said Swiss authorities had received repor...
Greece, Spain weigh on shares
Gulf News
| Frankfurt: European stocks posted the biggest weekly drop since September as Greece moved closer to a possible exit from the euro and concern mounted that Spanish banks will need rescue. | A gauge of lenders slumped for the third week, as Banco Esp...
Manulife, Metlife submit bids for ING Asia sale: sources
Daily Press
| HONG KONG (Reuters) - Manulife Financial Corp and Metlife are among the companies that have submitted first round bids for ING's entire Asia life insurance business, sources said on Saturday, in what could be the largest Asia M&A insurance deal eve...
Manulife, Metlife submit bids for ING Asia sale: sources
Reuters
| HONG KONG (Reuters) - Manulife Financial Corp (MFC.TO) and Metlife (MET.N) are among the companies that have submitted first round bids for ING's entire Asia life insurance business, sources said on Saturday, in what could be the largest Asia M&A i...
ING's Asia life insurance sale shifts into top gear
Reuters
| HONG KONG (Reuters) - Global insurers Manulife Financial Corp (MFC.TO), Metlife (MET.N) and Prudential Financial Corp (PRU.N) are among suitors expected to place first-round bids on Friday to buy ING Groep's (ING.AS) Asia life insurance unit in a d...
SAVINGS COMPENSATION & PROTECTION: A comprehensive list of bank ownership and licences
The Daily Mail
| The UK's level of savings compensation was raised to £85,000 in January 2011 by the Financial Services Compensation Scheme (FSCS). | The limit is doubled for joint accounts to £170,000. | However, you only receive this £85,000 coverage once under e...
Zurich Eyes Asian Growth Opportunties
Jakarta Globe
Zurich Insurance Group is turning to Asia for growth as demand for insurance products in its home region of Europe wanes amid an ongoing debt crisis. | Kevin Hogan, the Swiss-based insurer’s chief executive for life insurance, told the Jakarta Glob...



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