Geneva Finance’s ratings dropped, put on CreditWatch (New Zealand’s National Business Review)

Posted by admin on Feb 23 2010 in Finance | 0 comments

Standard & Poor’s has lowered its long-term rating on Geneva Finance after the finance company negotiated an extension of funding from an Australian finance company. Geneva, and its captive insurance group Quest Insurance Group, have had their ratings have dropped to CC from CCC. Both have also been placed on CreditWatch with negative implications.

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Geneva Finance’s ratings dropped, put on CreditWatch (New Zealand’s National Business Review)

Prices, sales and finance down for rural property (Scoop.co.nz)

Posted by admin on Feb 22 2010 in Finance | 0 comments

Despite banks professing generosity in rural lending, a recent survey of First National Group’s salespeople shows a significant number of deals are falling over through lack of bank finance.

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Prices, sales and finance down for rural property (Scoop.co.nz)

Credit Suisse Group Finance plans Samurai sale (Reuters via Yahoo! Malaysia News)

Posted by admin on Feb 19 2010 in Finance | 0 comments

TOKYO, Feb 19 (Reuters) – Credit Suisse Group Finance (Guernsey) Ltd plans to sell five-year Samurai bonds, documents filed with Japanese financial authorities showed on Friday.

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Credit Suisse Group Finance plans Samurai sale (Reuters via Yahoo! Malaysia News)

AIG’s Swift Departs for Hartford Finance Chief Job (Update1) (Bloomberg)

Posted by admin on Feb 16 2010 in Finance | 0 comments

Feb. 16 (Bloomberg) — American International Group Inc.’s Christopher J. Swift is departing the bailed-out insurer to take the top finance job at Hartford Financial Services Group Inc., another company that got government funds.

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AIG’s Swift Departs for Hartford Finance Chief Job (Update1) (Bloomberg)

AIG’s Swift Departs for Hartford Finance Chief Job (Update1) (Bloomberg)

Posted by admin on Feb 16 2010 in Finance | 0 comments

Feb. 16 (Bloomberg) — American International Group Inc.’s Christopher J.

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AIG’s Swift Departs for Hartford Finance Chief Job (Update1) (Bloomberg)

Absa Group appoints new finance director (Independent Online)

Posted by admin on Feb 13 2010 in Finance | 0 comments

Absa Group has announced that David Hodnett has been appointed group finance director of Absa Group Ltd and Absa Bank Ltd.

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Absa Group appoints new finance director (Independent Online)

A.I.G. Hires Finance Veteran to Oversee Risk (New York Times)

Posted by admin on Feb 8 2010 in Finance | 0 comments

The American International Group said Monday that it has hired Peter D. Hancock, a veteran financial services executive, as an executive vice president overseeing the insurer’s finance and risk.

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A.I.G. Hires Finance Veteran to Oversee Risk (New York Times)

G7 finance officials get back to the basics (The Springfield News-Leader)

Posted by admin on Feb 8 2010 in Finance | 0 comments

Iqaluit, Nunavut — A meeting of finance officials from the Group of Seven leading industrialized countries in this tiny Arctic outpost certainly lived up to host Canada’s billing as a gathering with a difference.

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G7 finance officials get back to the basics (The Springfield News-Leader)

Finance officials meeting in Arctic consider whether the G-7 is out in the cold (MalaysiaNews.net)

Posted by admin on Feb 7 2010 in Finance | 0 comments

IQALUIT, Nunavut – A meeting of finance officials from the Group of Seven leading industrialised countries in this tiny Arctic outpost certainly lived up to host Canada’s billing as a gathering with …

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Finance officials meeting in Arctic consider whether the G-7 is out in the cold (MalaysiaNews.net)

Finance officials meeting in Arctic consider whether the G-7 is out in the cold (Minneapolis-St. Paul Star Tribune)

Posted by admin on Feb 7 2010 in Finance | 0 comments

IQALUIT, Nunavut – A meeting of finance officials from the Group of Seven leading industrialised countries in this tiny Arctic outpost certainly lived up to host Canada’s billing as a gathering with a difference.

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Finance officials meeting in Arctic consider whether the G-7 is out in the cold (Minneapolis-St. Paul Star Tribune)