bank

Urban League chief calls for 'game-changing' financial literacy solutions

By Warren S. Hersch | May 22, 2013

Morial said that greater use of advertising and educational outreach through television, the Internet and social media are needed to raise financial awareness and preparedness within these communities. IT solutions at the point of sale in retail outlets can also be used to promote long-term savings.

MetLife removes alien status from captive

By Arthur D. Postal, Elizabeth D. Festa | May 21, 2013

MetLife is merging three U.S. life insurers and a captive reinsurer “to create a larger, well capitalized U.S. life company.”

Scope of data shows wide picture of any systemic risk

By Elizabeth Festa | May 13, 2013

With more disclosure, we will be able to have a more coherent, public debate on this, Paul Sharma says.

Fed takes on Dodd-Frank conflicts

By Elizabeth D. Festa | May 9, 2013

The conflict is between the capital standards set under Dodd-Frank and the minimum floor set by the Collins Amendment.

Advisor headcount to decline through 2016

By Warren S. Hersch | May 7, 2013

A study pegs the number of advisors in 2016 at 298,000, down from an estimated 309,000 at year-end 2012.

10 reasons why humor is a key to success at work

By Staff Writer | May 7, 2013

Three business strategists walk into a bar…

ACLI concerned with US GAAP proposal

By Liz Festa | May 3, 2013

Insurers with thrifts or S&Ls would have to account for their liabilities in accordance with GAAP.

MetLife posts 1Q profit as business expanded

By Associated Press | May 3, 2013

The insurer has said it expects its income to shrink this year as low interest rates hurt its business.

Why a uniform fiduciary standard isn't the answer

By Todd Greider | May 2, 2013

A uniform fiduciary standard won’t change anything if we don’t fix some of the underlying problems plaguing the industry.

NY doubles down on captives, private equity firm scrutiny

By Elizabeth D. Festa | May 1, 2013

New York insurance regulators have the captives industry and private equity firms that own annuity companies under a microscope for their effect on financial solvency and stability and they fear policyholders may be left holding the bag.