$RGA (Reinsurance Group of America Inc.)

$RGA {{ '2015-11-23T15:09:57+0000' | timeago}} • Announcement

Insurance holding company $RGA said that Anna Manning will be succeeding A. Greig Woodring as President, effective Dec. 1, 2015. The Board also plans to elect Manning to the Board of Directors effective Jan. 2016. Until his retirement in 2016, Woodring will continue as CEO.

$PNC {{ '2018-01-16T16:08:24+0000' | timeago}} • Infographic

$PNC PNC Financial Services Group Earnings AlphaGraphic: Q1 2018 highlights

$C {{ '2018-01-16T15:34:40+0000' | timeago}} • Announcement

In 4Q17, $C's fixed-income trading revenues were $2.4Bil, down 18%, reflecting continued low volatility. Equity trading revenues also declined 23% during the quarter to $530MM.

$C {{ '2018-01-16T15:30:59+0000' | timeago}} • Announcement

$C CEO Michael Corbat said, "Tax reform does not change our capital return goals as we remain committed to returning at least $60Bil of capital in the current and next two CCAR cycles. Tax reform not only leads to higher net income and increased returns, but also serves to strengthen our capital generation capabilities going forward."

$C {{ '2018-01-16T15:27:58+0000' | timeago}} • Announcement

For the first time since 2009, $C posted a loss of $18.3Bil in 4Q17, weighed down by a charge of approx $22Bil related to Republican tax reforms. On a per share basis, the loss was $7.15. However, the banking giant managed to please investors by reporting double-digit growth in adjusted EPS to $1.28. Revenue for the quarter edged up 1% to $17.3Bil.

$C {{ '2018-01-16T14:54:13+0000' | timeago}} • Infographic

$C Citigroup Earnings AlphaGraphic: Q4 2017 Highlights

$PNC {{ '2018-01-12T19:07:50+0000' | timeago}} • Webcast

After adjusting FY17 results, $PNC expects FY18 revenue to be up by mid-single digits, noninterest expense to be up by low single digits and effective tax rate to be about 17%.

$PNC {{ '2018-01-12T12:24:43+0000' | timeago}} • Announcement

Excluding the impact of tax legislation, net interest income just rose 1% to $2.3Bil in 4Q17 for $PNC, due to higher loan balances and higher loan and securities yields partially offset by higher deposit and borrowing costs. Net interest margin was 2.88%. Noninterest income rose 8% to $1.9Bil.

$PNC {{ '2018-01-12T12:18:50+0000' | timeago}} • Announcement

With total revenue inching 3% up to $4.3Bil in 4Q17 and a tax reform impact of $911MM to net income, $PNC saw net income double to $2.09Bil or $4.18 per diluted share in the quarter from $1.05Bil or $1.97 per share a year ago.

$RGA {{ '2018-01-11T15:21:05+0000' | timeago}} • Announcement

$RGA and $RNR launched Langhorne Re, a global reinsurer targeting large in-force life and annuity blocks. Langhorne Re will combine a long-term capital base with underwriting and third-party capital management support from $RGA and $RNR to purchase large in-force life and annuity blocks, allowing clients to optimize their capital management.

$PNC {{ '2018-01-11T13:43:47+0000' | timeago}} • Announcement

Financial services company $PNC said it has redeemed all of the outstanding senior notes due February 23, 2018, issued by PNC Bank National Association in the amount of $1,000Bil. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of January 24, 2018.

$CB {{ '2018-01-10T17:13:16+0000' | timeago}} • Announcement

$CB appointed Veronique Brionne to the newly-created role of SVP, Accident & Health (A&H), Continental Europe effective immediately. Additionally, Andrew Nisbet was appointed SVP, A&H UK&I. Nisbet will have overall responsibility for A&H in the UK&I and also for growing the business in Eurasia and Africa.

$AIZ {{ '2018-01-09T17:20:28+0000' | timeago}} • Announcement

Under $AIZ’s amended deal structure, TPG Capital and its affiliates will receive 10.4MM $AIZ shares or approx. 19.8% of current shares outstanding. In exchange for fewer $AIZ shares, TPG Capital will receive increased cash consideration, totaling approx. $850MM. $AIZ also entered into a new commitment letter for a $1.5Bil bridge facility.

$AIZ {{ '2018-01-09T17:20:14+0000' | timeago}} • Announcement

$AIZ will acquire TWG Holdings Limited. The acquisition is expected to be modestly accretive to 2018 $AIZ operating EPS on a run-rate basis, and significantly more accretive excluding the amortization of transaction-related intangible assets.

$AIZ {{ '2018-01-09T17:19:59+0000' | timeago}} • Announcement

$AIZ and The Warranty Group, a portfolio company of TPG Capital, have amended the structure of their $2.5Bil transaction. $AIZ will acquire TWG Holdings Limited and subsidiaries, and remain a Delaware corporation. The deal is expected to close in 2Q18, and is valued at $1.9Bil in equity value or $2.5Bil of enterprise value, including existing debt.

$BAC {{ '2018-01-08T20:37:25+0000' | timeago}} • Announcement

$BAC announced that Joe Gianni will succeed Kevin Cunningham as Market President, serving as the company’s enterprise leader in Hartford. Cunningham will focus full-time on his new responsibilities as the Global Commercial Bank Credit executive for Specialized Industries and Canada.

$RGA {{ '2018-01-08T15:58:19+0000' | timeago}} • Announcement

RGAx, a division of insurance firm $RGA, has agreed to acquire LOGiQ3, which provides technology, consulting and outsourcing solutions to the North American life insurance and reinsurance industry. The addition of LOGiQ3 is expected to expand RGAx’s technology and service offerings to the insurance industry.

$AFL {{ '2018-01-05T11:12:27+0000' | timeago}} • Announcement

$AFL, as part of its ongoing U.S. Operations strategy, promoted Virgil Miller to President of Aflac Group Insurance and EVP; COO, Aflac U.S., reporting to Teresa White, President of Aflac U.S. In his new role, Miller will be responsible for the strategic leadership and overall direction of operations at $AFL and operations for Aflac U.S.

$PNC {{ '2018-01-05T02:34:23+0000' | timeago}} • Announcement

$PNC declared a quarterly cash dividend of $0.75 per share. The dividend is payable Feb. 5, 2018 to shareholders of record at the close of business Jan. 17, 2018.

$PNC {{ '2018-01-05T02:33:43+0000' | timeago}} • Announcement

$PNC appointed Linda R. Medler and Martin Pfinsgraff to its board of directors, effective Jan 4, 2018. The board also declared a cash dividend on a series of preferred stocks.

$PNC {{ '2018-01-04T15:54:01+0000' | timeago}} • Announcement

Financial services provider $PNC said Linda Medler and Martin Pfinsgraff have joined its board of directors, effective immediately. Medler serves as CEO of IT company LA Medler and Associates. Pfinsgraff had held the post of Senior Deputy Comptroller for Large Bank Supervision at the Office of the Comptroller of Currency, from 2013 until 2017.

Recent Transcripts

PNC (The PNC Financial Services Group, Inc.)
Friday, January 12 2018 - 2:30pm
GROW (U.S. Global Investors, Inc.)
Friday, November 10 2017 - 1:30pm
GTS (Triple-S Management Corporation)
Thursday, November 9 2017 - 2:00pm
AIZ (Assurant Inc.)
Friday, November 3 2017 - 12:30pm
AIG (American International Group, Inc.)
Friday, November 3 2017 - 12:00pm
RNR (RenaissanceRe Holdings Ltd.)
Wednesday, November 1 2017 - 2:00pm
RE (Everest Re Group Ltd.)
Tuesday, October 31 2017 - 2:30pm
RGA (Reinsurance Group of America Inc.)
Friday, October 27 2017 - 3:00pm
PFG (Principal Financial Group Inc.)
Friday, October 27 2017 - 2:00pm
CB (Chubb Limited)
Friday, October 27 2017 - 12:30pm
CNO (CNO Financial Group, Inc.)
Thursday, October 26 2017 - 3:00pm
AFL (Aflac Incorporated)
Thursday, October 26 2017 - 1:00pm
UNM (Unum Group)
Thursday, October 26 2017 - 12:00pm
BHLB (Berkshire Hills Bancorp Inc.)
Friday, October 20 2017 - 2:00pm
GS (The Goldman Sachs Group, Inc.)
Tuesday, October 17 2017 - 1:30pm
CMA (Comerica Incorporated)
Tuesday, October 17 2017 - 12:00pm
PNC (The PNC Financial Services Group, Inc.)
Friday, October 13 2017 - 1:30pm
BAC (Bank of America Corporation)
Friday, October 13 2017 - 12:30pm
C (Citigroup Inc.)
Thursday, October 12 2017 - 2:00pm
GROW (U.S. Global Investors, Inc.)
Tuesday, September 12 2017 - 9:00pm

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