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Israel banks should boost capital adequacy -regulator
JERUSALEM, Jan 5 (Reuters) - Israeli banks should raise their capital adequacy ratios to be better prepared to deal with future financial crises, Israel's banking regulator said on Monday.
United Community Financial completes sale of Wick & Co to Stifel Financial
United Community Financial, the parent company of Butler Wick Corporation and The Home Savings and Loan Company, has completed the sale of Butler Wick & Co, a wholly owned subsidiary of the Butler Wick Corporation, to Stifel Financial.
Fitch Downgrades Conseco's Ratings Due to Increased Financial Pressure; Outlook Negative
CHICAGO----Fitch Ratings has downgraded the ratings assigned to Conseco Inc. . The Rating Outlook on Conseco Inc. and its subsidiaries remains Negative. In addition, the Insurer Financial Strength rating for Senior Health Insurance Company of Pennsylvania is withdrawn following Conseco's spin-off of that company.
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