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Banking and insurance highlights to 15:45 GMT


Published :
Thu, 18 Jan 2007 17:02
By : Agencies
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2007-01-18 15:13:44

Marsh & McLennan names vice chair

NEW YORK (AFX) - Marsh & McLennan Cos., the worlds biggest insurance broker,

said Thursday it named David A. Nadler vice chairman, effective immediately.

2007-01-18 13:36:29

Earnings surge at Bank of NY in 4Q

NEW YORK (AFX) - The Bank of New York Co., one of the nation's largest trust

banks, on Thursday reported an increase in fourth-quarter earnings on strength

in its corporate trust business, depositary receipts and global custody

services.

2007-01-18 13:27:16

Merrill Lynch 4Q profit beats estimates

NEW YORK (AFX) - Merrill Lynch & Co., the nation's largest brokerage, on

Thursday said stronger acquisition advisory fees and gains from its private

equity business pushed fourth-quarter profit up 68 percent to beat Wall Street

expectations.

2007-01-18 12:48:20

Merrill Lynch FY diluted EPS 7.59 usd

NEW YORK (AFX) - Merrill Lynch reported record full year net revenues, net

earnings and earnings per diluted share for 2006, driven by strong growth in the

firm's business segments.

2007-01-18 11:59:18

China commercial banks end-2006 NPL ratio down 1.38 pct pts on-yr - state TV

SHANGHAI (XFN-ASIA) - China's commercial banks registered a drop of 1.38

percentage points in their non-performing loan (NPL) ratio to 7.23 pct in 2006,

state media reported.

2007-01-18 11:56:53

Knight Capital Group 4Q profit climbs

JERSEY CITY, N.J. (AFX) - Financial services provider Knight Capital Group

Inc. said Thursday its fourth-quarter profit increased 13 percent on a tax

benefit and gains from a sale.




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