| Legal & General bond issue raises £300m (at FT.com) Legal & General has raised £300m in fresh capital through a junior bond issue, highlighting both improved investor appetite for riskier financial debt and the alternatives to equity issuance that life insurers are using to bolster financial strength. us.rd.yahoo.com |
Ex-A.I.G. Chief Is Back, Luring Talent From Rescued Firm Maurice R. Greenberg’s new company may soon start to siphon off business from A.I.G., and, therefore, its means to repay its debt to the government. nytimes.com |
Top Youth Volunteers in Each State Selected in 15th Annual National Awards Program (Business Wire) WASHINGTON----America’s 102 most outstanding youth volunteers – two from each state and the District of Columbia – were named State Honorees today by The Prudential Spirit of Community Awards, a nationwide program honoring young people for exemplary acts of volunteerism. us.rd.yahoo.com |
S&P warns on commercial real estate (at Fortune) Commercial real estate worries aren't just for banks any more. Standard & Poor's downgraded three insurance companies, including Principal Financial , citing expected losses on commercial mortgages and commercial mortgage-backed securities, or CMBS. us.rd.yahoo.com |
MetLife's St. Louis Office Earns Energy Star Rating [Business Wire] - ST. LOUIS----MetLife, Inc. announced today that its office at 13045 Tesson Ferry Road has earned an ENERGY STAR rating from the United States Environmental Protection Agency for its superior energy performance and management. us.rd.yahoo.com |