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June 2008/3

  • Bond insurer MBIA Inc is reconsidering the deployment of the $900mn it raised in a recent equity public offering, including the launch of a new insurer.
  • The investment vehicle of former American International Group Inc (AIG) CEO and chairman Maurice "Hank" Greenberg will continue with its planned purchase of a stake in Lehman Bros despite expected senior management changes and the posting of...
  • Hirotoshi Murakami, CEO of Tokio Marine Global (TMG) in London is set to return to Japan and take up a new position with the parent company at the end of this month.
  • A potential bid from Zurich Financial Services (ZFS) for the Royal Bank of Scotland's (RBS) insurance unit has continued to place downward pressure on the company's share price.