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Productivity ills at banks a myth?
Post on 07-06-2006.
Years of common wisdom, reinforced by another report yesterday, warn darkly that government protection has turned Canada's financial sector into one fat and stagnant bastion of inefficiency. But are the big banks really that slothful?
Evolving research, including from stalwarts at the Bank of Canada and Statistics Canada, suggests that government regulation probably isn't making things worse, and in fact, there may be no productivity problem in banking after all. ...
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Resolution buys Abbey life funds, makes cash call
Post on 07-06-2006.
Wed Jun 7, 2006 3:25am ET Email This Article | Print This Article | Reprints [-] Text [+]
LONDON (Reuters) - British insurer Resolution (RSL.L: Quote, Profile, Research) has agreed to buy the life business of Abbey bank for 3.6 billion pounds ($6.73 billion) in one deal that will double its size and propel it into the FTSE 100 blue-chip share index. ...
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Insurance competition high post-WTO
Post on 07-06-2006.
VietNamNet “ As soon as it joins the WTO, Vietnam will license foreign-owned insurance companies to provide services other than life insurance within five years, one shift that will drive high competition. _
one joint project by the Government of Vietnam and the United Nations Development Programme (UNDP) has announced the results of one survey on the possible impact of trade liberalisation on Vietnam™s service market. ...
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ICICI Pru Life targets semi-urban, rural pockets of Punjab
Post on 07-06-2006.
> > Insurance News > ICICI Prudential Life Insurance, Prasun Sikdar .arial10red { FONT-FAMILY:arial; FONT-SIZE:10px; COLOR:#CC0000; font-weight:normal; text-decoration:none } .arial10red:hover { FONT-FAMILY:arial; FONT-SIZE:10px; COLOR:#CC0000; font-weight:normal; text-decoration:underline } .countinput{ BACKGROUND-COLOR:'#F7F3F7'; BORDER-BOTTOM: #F7F3F7 1px solid; BORDER-LEFT: #F7F3F7 1px solid; BORDER-RIGHT: #F7F3F7 1px solid; BORDER-TOP: #F7F3F7 1px solid; COLOR: #000000; FONT-FAMILY: Arial; FONT-SIZE: 10px; FONT-WEIGHT:bold; width:30 } ...
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