Update: JPMorgan Buys First Republic Bank’s Assets After Government Auction May 1, 2023 By Scott Murdoch, Niket Nishant and Chris Prentice Regulators seized First Republic Bank and sold its assets to JPMorgan Chase & Co. on Monday, in a deal to...
Fed Report on SVB Collapse Could Buoy Shareholder Lawsuits May 1, 2023 By Jack Queen A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to...
Fed Plans Broad Revamp of Bank Oversight After SVB Failure April 28, 2023 By Ann Saphir, Hannah Lang and Chris Prentice The Federal Reserve issued a detailed and scathing assessment on Friday of its failure to identify problems and push for...
Judge Denies Google’s Motion to Dismiss Advertising Antitrust Case April 28, 2023 By Diane Bartz A U.S. federal judge on Friday denied Google’s motion to dismiss a Department of Justice antitrust case focused on advertising...
Hub International Garners Investment From PE Firm Leonard Green April 28, 2023 Hub International Limited (HUB) said it has entered into an agreement with private equity firm Leonard Green & Partners (LGP)...
J.D. Power: Rising Premiums Tighten Auto Insurance Market as Customers Shop Deals April 28, 2023 State Farm Tops List of Large Insurers Providing Satisfying Shopping Experience, While The Hartford Ranked Highest Among Midsize Insurers Saving...
Q1 Net Income Up 21% at The Hartford but Personal Lines Unprofitable April 28, 2023 By Chad Hemenway The Hartford Financial Services reported first quarter 2023 net income of $535 million, nearly a 21% increase over $443 million...
What Are the Green Guides and Can They Stamp Out ‘Greenwashing’? April 28, 2023 By Valerie Volcovici The U.S. Federal Trade Commission (FTC) will weigh major changes for the first time in a decade to its Green...
Extreme Weather Is Nearly Universal Experience: Poll April 28, 2023 By Hannah Fingerhut An overwhelming majority of people in the U.S. say they have recently experienced an extreme weather event, a new poll...
Markel Returns to Q1 Net Income Profit on Investment Gains April 27, 2023 By Chad Hemenway Markel Corp. reported first quarter 2023 net income of $537.8 million compared to a loss of about $48.8 million a...