Posts tagged with: "Marsh-and-McLennan"
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26 Feb 2007, 10:36 am
Exhibit C: Former prosecutor Michael Cherkasky, who was brought in to clean up the mess at Marsh & McLennan. [read post]
1 Feb 2007, 4:54 am
Insurance broker Marsh & McLennan said on Thursday that it would sell its troubled money manager, Putnam Investments, to a unit of Canada’s Power Financial for $3.9 billion. [read post]
26 Jan 2007, 7:16 am
Marsh & McLennan’s chief executive, Michael Cherkasky, might yet throw a wrench into the insurance brokerage giant’s plans to sell its Putnam Investments unit. [read post]
17 Jan 2007, 8:11 am
The Carpenters also withdrew a binding proposal at Marsh & McLennan, which has adopted majority voting. [read post]
12 Jan 2007, 5:29 am
Marsh & McLennan’s chief executive, Michael Cherkasky, will look to acquisitions to help the financial-services company grow in 2007 as it tries to recover from an aggressive investigation by the former New York attorney general, Eliot Spitzer. [read post]
4 Jan 2007, 12:20 pm
Insurance broker Marsh & McLennan has been slimming down its business mix, and at least one analyst thinks that rival Aon will make a similar move. [read post]
29 Dec 2006, 1:55 pm
Marsh & McLennan, the world’s largest insurance brokerage, agreed to sell its Putnam Investments asset management unit to Canada’s Power Corporation, an unnamed source told Bloomberg News. [read post]
1 Dec 2006, 11:46 am
In September, Marsh & McLennan chief executive Michael Cherkasky said his company would “do a market check” to see how potential buyers might value its Putnam Investments unit. [read post]
30 Oct 2006, 8:56 am
The founder of Kroll, the No. 1 financial investigation firm, denied a news report that he is looking into buying back the company from Marsh and McLennan. [read post]
17 Aug 2006, 2:09 am
The AG shocked even his own staff in 2004 by threatening a corporate indictment of Marsh & McLennan unless it fired chief executive Jeffrey Greenberg. [read post]
15 Sep 2005, 11:58 am
[JURIST] New York Attorney General Eliot Spitzer [official website] and State Insurance Superintendent Howard Mills [official website] Thursday said that eight former senior executives of Marsh & McLennan [corporate website] had been indicted [PDF] for bids given "under false pretenses. [read post]
16 Feb 2005, 6:30 am
[JURIST] Leading Wednesday's corporations and securities law news, a former senior executive at Marsh & McLennan Cos. [read post]
31 Jan 2005, 1:20 pm
[JURIST] Leading Monday's corporations and securities law news, Marsh & McLennan Cos. [read post]
16 Nov 2004, 3:36 pm
[JURIST] New York Attorney General Eliot Spitzer, who launched an investigation into insurance companies including Marsh & McLennan, told the Senate Governmental Affairs Committee Tuesday that more criminal pleas related to bad practices are coming. [read post]
28 Oct 2004, 1:16 pm
[JURIST] Marsh & McLennan Cos., accused of rigging bids for its client's insurance contracts by New York Attorney General Eliot Spitzer earlier this month, will likely settle the case by paying a fine of $500 million. [read post]
27 Oct 2004, 1:27 pm
[JURIST] In Wednesday's corporations and securities law news, the troubled Marsh & McLennan insurance company is likely to escape criminal charges with the announcement of a reformation of its business practices. [read post]
26 Oct 2004, 1:51 pm
[JURIST] In Tuesday's corporations and securities law news, Marsh & McLennan Cos., the large insurance broker currently under investigation by New York Attorney General Eliot Spitzer, has announced that the company will reform its business practices and stop accepting fees that Spitzer complained amounted to bid-rigging. [read post]
14 Oct 2004, 8:04 am
In Thursday's corporations and securities law news, in his first prosecution of the insurance industry, New York Attorney General Eliot Spitzer today sued Marsh & McLennan Cos., the world's largest insurance brokerage, for steering clients to certain insurers which resulted in lucrative payoffs for the broker. [read post]
