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TFN NEWS BRIEFING: Banking and insurance highlights to 15:45 BST


Published :
Fri, 15 Jun 2007 16:02
By : Agencies
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2007-06-15 15:34:00

Countrywide Financial CEO sells shares

NEW YORK (AP) - The chairman and chief executive of mortgage lender

Countrywide Financial Corp. exercised shares for then sold 46,000 shares of

common stock, according to a Securities and Exchange Commission filing Thursday.

2007-06-15 15:04:52

Emerging market funds see net loss for third week - Polish brokers

WARSAW (Thomson Financial) - Emerging market funds saw a third straight week

of net outflows in the week to June 12, while cash continued to pour into Latin

American stocks, reports by Polish brokerages UniCredit CAIB and BZ WBK showed.

2007-06-15 14:58:05

Countrywide COO exercises options

NEW YORK (AP) - The president and chief operating officer of mortgage lender

Countrywide Financial Corp. exercised options for 6,375 shares of common stock

under a prearranged trading plan, according to a Securities and Exchange

Commission filing.

2007-06-15 14:57:48

Generali Holding Vienna names Luciano Cirina as new CEO

VIENNA (Thomson Financial) - The supervisory board of Generali Holding

Vienna AG said it has appointed Luciano Cirina as the firm's new chief

executive.

2007-06-15 14:25:18

Banca Generali May total net inflows at 131 mln eur versus 137 mln in April

MILAN (Thomson Financial) - Banca Generali SpA, the banking unit of

Assicurazioni Generali SpA, said its net total inflows in May fell slightly to

131 mln eur from 137 mln, bringing cumulative inflows since the start of 2007 to

973 mln eur compared with 1.176 bln in the same period of last year.

2007-06-15 12:47:05

Lloyd's of London raises 500 mln stg in bond issue

LONDON (Thomson Financial) - The Lloyd's of London insurance market said it

has raised 500 mln stg through a bond issue, and will use the proceeds to pay

off debt and strengthen its central fund.




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