trending Market Intelligence /marketintelligence/en/news-insights/trending/tqk8tvofx7fq-plkgza6ww2 content esgSubNav
In This List

The Tuesday Express: JPMorgan looking to buy ETFs firm; 2 Oklahoma banks merging

Blog

Banking Essentials Newsletter 2021: December Edition

Blog

Automating Credit Risk Surveillance Using Statistical Models

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Post-webinar Q&A: Speed and Scalability – Automation in Credit Risk Modeling


The Tuesday Express: JPMorgan looking to buy ETFs firm; 2 Oklahoma banks merging

* JPMorgan's asset management unit, in a push to grow its exchange-traded fund business, has been in talks with potential acquisition targets, sources told Bloomberg News.

* In Oklahoma, Liberty Federal Savings Bank and Great Plains National Bank are merging, the Enid (Okla.) News & Eagle reports.

* The Hartford Financial Services Group is buying The Farmers Exchanges' Foremost-branded small commercial business sold through independent agents pursuant to a renewal rights agreement.

* Canada-based Fairfax India Holdings is acquiring a 51% stake in India's Catholic Syrian Bank at 140 rupees per share.

* After reporting an operating loss of $178.1 million for the fourth quarter of 2017, Aspen Insurance Holdings closed its U.S. property insurance unit in Bermuda, The Royal Gazette reports.

* Several parties, including a holder of Scottish Re Group subsidiary trust preferred securities, are urging a federal bankruptcy judge to slow the process that could culminate in the sale of Scottish Annuity & Life Insurance Co. (Cayman) and Scottish Re (U.S.).

* A lawsuit has been filed against FMR and units Fidelity Global Brokerage Group and Fidelity Brokerage Services after a technical glitch on Fidelity's trading platform allegedly prevented traders from placing their orders amid stock market volatility.

* And First Capital Bancshares is moving its headquarters to Charleston, S.C., from Laurinburg, N.C. In addition, the company named Harvey Glick chairman and Frank Cole Jr. CEO and board member.

The Daily Dose: Express Edition is updated as of 6:30 a.m. ET. Some external links may require a subscription.