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Bank Insurance

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Bohn named to American Bankers Insurance Association’s Board of Directors

By ⋅ March 29, 2009 ⋅ Post a comment

(Fox Business) - William Bohn, President and CEO of Associated Financial Group, LLC, Kimberly, Wis., was elected to serve on the American Bankers Insurance Association’s (ABIA: undefined, undefined, undefined%) board of directors at the association’s annual conference held in Washington.
ABIA’s mission is to [...]

European stocks higher on banks insurance scheme

By ⋅ February 28, 2009 ⋅ Post a comment

(AP) — European markets rose Thursday as investors welcomed a British program to allow struggling banks to access government insurance against future losses on toxic assets.
By noon in mainland Europe, Britain’s FTSE 100 jumped 1 percent to 3,887.03, Germany’s DAX gained 0.7 percent to 3,873.37, and France’s CAC 40 grew 0.5 percent to 2,709.68.
Financial stocks [...]

Bank insurance scheme smells like nationalisation by stealth to markets

By ⋅ January 20, 2009 ⋅ Post a comment

(guardian.co.uk) - That was not meant to happen. Royal Bank of Scotland’s shares were not meant to fall by two-thirds. Lloyds, now incorporating HBOS, was not supposed to lose almost a third of its value. Barclays, shouting about how well it is doing, was not meant to decline 10%.
The financial markets were meant to see [...]

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