Company to issue shares to pay for bid
Deal with Alltrust Insurance Company of China subject to regulatory approval
AIC funds will become part of a more diversified fund lineup and could benefit from a strong distribution system
Firms looking to grow by acquisition will become the dominant driver behind M&A in the global asset management business in the months ahead, predicts new research from Jefferies Putnam Lovell.“With the capital markets recovering and investor fears receding, financial services M&A activity over the next 12 months will be fueled more by buyers seeking to […]
Brian Petersen named head of investment banking
Manulife to manage all AIC funds in Canada
Citizens Bank borrowers will see their mortgages and loans transferred to TD Canada Trust by early 2010
Richardson Partners and GMP Private Client hope to gain economies of scale
VenGrowth, a private equity and alternative investment manager, will maintain a minority equity interest in Criterion
The U.S.-based parent company of Claymore investments, Inc. has agreed to merge with Guggenheim Partners, LLC, a global diversified financial services firm, Claymore said Friday.As part of the transaction, Claymore Group Inc. and its associated entities including Claymore Securities, Inc., Claymore Advisors, LLC and Toronto-based Claymore Investments, Inc. will become wholly owned subsidiaries of Guggenheim […]