FSA chief to quiz Spitzer over Marsh
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John Tiner, the chief executive of the Financial Services Authority, is meeting Eliot Spitzer in the United States this week to discuss the New York attorney general&#39;s escalating
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New York Attorney General Eliot Spitzer will file a lawsuit as early as Friday against an insurance company, the second suit stemming from his sweeping probe into bid-rigging in the industry, Spitzer told Reuters Friday.
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The US stock market regulator is investigating troubled insurance broker Marsh &amp; McLennan&#39;s shareholder transactions, the firm has said.
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WASHINGTON -- Jeffrey W. Greenberg, who resigned this week as chairman and chief executive of Marsh &amp; McLennan Cos. Inc., amid a regulatory inquiry into its policies, exercised options to obtain 540,000 shares
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Federal regulators are expected to bring charges this week against two former employees of the mutual fund unit of the old FleetBoston Financial Corp. -- and settle with three others -- in connection with a long-running investigation of improper market-timing trading at the former bank's Columbia funds unit, according to attorneys and officials involved in the case.
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NEW YORK: Marsh &amp; McLennan, the worldâs largest insurance broker, said on Tuesday it will reform its business practices and stop accepting fees at the centre of an investigation by New York attorney general Eliot Spitzer into bid rigging.
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Independent directors of Marsh & McLennan Cos. approached New York state Attorney General Eliot L. Spitzer this week about settling the corruption charges Spitzer has brought against the giant insurance broker and financial services firm, according to sources close to the investigation.
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Marsh &amp; McLennan CEO Jeff Greenberg may soon be on his way out the door as head of the world&#39;s biggest - and most troubled - insurance broker.
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New York Attorney General Eliot Spitzer may tell a US Senate subcommittee today that federal oversight of the insurance industry is inevitable after his allegations of price manipulation and kickbacks.
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NEW YORK -- Marsh &amp; McLennan Cos., already under scrutiny from regulators, said it received a request for information from the Securities and Exchange Commission about its Trident private-equity funds.
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Marsh &amp; McLennan Cos. , the world's largest insurance broker, may settle New York Attorney General Eliot Spitzer's claims of rigged bids and kickbacks within a month, chief executive Michael Cherkasky said.
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Marsh & McLennan Cos Inc  said on Friday it will replace its embattled chief executive, Michael Cherkasky, following a year of disappointing results and indicated it would evaluate its insurance brokerage and other businesses.
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Giant insurance broker Marsh and McLennan is now expected to escape criminal charges over illegal payments. It has been the subject of legal action over the payments by New Yrok attorney general Eliot Spitzer.
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Eliot Spitzer&#39;s attack on the US insurance industry is expected to intensify pressure for the resignation of the head of Marsh &amp; McLellan, the company at the centre of the allegations.
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New York Attorney General Eliot Spitzer&#39;s filing last Thursday of charges against giant insurance broker Marsh for alleged commercial account steering and bid rigging has already had significant impact on Marsh and is expected to reach into the insurance
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New York state Attorney General Eliot Spitzer is preparing to file his second civil suit against an insurance broker, San Diego, Calif.
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Eliot Spitzer, the New York State attorney general, has recently taken on a procession of corporate powers from mutual funds to insurance brokers.