Updated throughout the day.
The CEO of Nokia (NYSE: NOK) Olli-Pekka Kallasvuo is on the way out (WSJ)
Robert H. Benmosche of American International Group (NYSE: AIG) may have set up two deals by dumping the head of his AIA unit. “One is the flotation of the American International Assurance division in Hong Kong. And, The other is an eventual merger of A.I.A. and the Asian portion of its big British rival — and recent failed suitor — Prudential.” (BreakingViews)
Tata Steel has begun negotiations with lenders to refinance as much as $5.4 billion in loans for its British unit. (Bloomberg)
Douglas A. McIntyre
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
