Hints and tips:
...USAA, Citigroup and JPMorgan Chase later announced cuts to their own home lending workforces....
...In 2015, USAA explored adding the ETF share class to two actively managed fixed-income funds....
...Johnson said Vanguard had held discussions in the past about licensing the structure to others, even reaching an agreement in 2015 with USAA, which ultimately decided to launch standalone ETFs instead....
...Lemonade recruited Sean Burgess from San Antonio-based insurance group USAA to be its chief claims officer....
...Morningstar says 69 have done so since 2013 — 25 in 2020 alone, of which the two biggest were Invesco Floating Rate, now Invesco Floating Rate ESG, and USAA World Growth, now USAA Sustainable World....
...Capital has developed into a $147bn multi-boutique with 10 franchises after completing multiple acquisitions with the backing of Reverence, including deals with Munder Capital Management, RS Investments, USAA...
...last year involved price tags of more than $1bn: Brookfield Asset Management’s purchase of a majority stake in Oaktree Capital for $4.7bn ranked as 2019’s biggest deal; and Charles Schwab’s acquisition of USAA...
...to replace revenues it has surrendered, Schwab is now doubling down on investment advice and guidance, while bulking up in asset management, through acquisitions such as the $1.8bn deal in July to buy USAA...
...worried the transaction could draw the scrutiny of antitrust regulators, while Brennan Hawken of UBS pointed to Schwab’s limited experience of large deals and that it is still digesting the acquisition of USAA...
...Mr Altbach says the USAA acquisition is a shrewd one as many of its products are sub-advised, which will make the deal easier to implement. He highlights that USAA’s client base tends to be loyal....
...Austrian rival tries to gazump €3.4bn Osram take-private (FT) Broadcom’s bid for Symantec stalls over price cut (FT) Ethical designer Stella McCartney teams up with LVMH (FT) Charles Schwab in talks to buy USAA...
...TPL has nominated Don Cook, 72, a retired four-star general of the US Air Force who has served on six boards of directors, including the Burlington Northern Santa Fe Railroad, USAA Federal Savings Bank and...
...Sean Burgess, chief claims officer at USAA, said his company offers significant discounts on homeowner policies for those who live in towns that have received fire safety certification under a programme...
...The deal “will probably accelerate more regionals to pursue deals to improve efficiency ratios and drive scale”, said Chad Borton, president of USAA Federal Savings Bank....
...Fitch notes the five groups with the biggest homeowners insurance exposures, are: State Farm Group, Heritage Insurance Group (including Hawaii focused Zephyr Insurance Company), USAA Group and Allstate...
...Conklin, who was named vice-president of US government affairs, joins from investment manager USAA, while Tinsworth Baker joins from Ford Motor....
...North America was a standout performer with organic revenues up 4.4 per cent in the fourth quarter, reflecting good momentum from a number of client wins in 2016 including Hewlett-Packard, USAA and McDonald's...
...“Issuers are trying to issue bonds before year-end because nobody really knows if they will be able to issue next year, tax-exempt or not,” said Regina Conklin, a portfolio manager at USAA....
...Key hires within the past few months include Marcos Rosenberg, ex-head of consumer lending at USAA, a Texas-based financial services group serving members of the military; and David Haber, founder and former...
...While some funds managed by Fidelity, Janus Henderson and USAA have used performance fees in the past, they have tended to have narrow fee bands based on the fund’s performance....
...Mr Roth also pointed to weaker spending in telecoms and tech and financial services in a quarter when it lost business from Sprint, USAA and TD Bank....
...But the damage may have been done: several advertisers, including Cars.com and the USAA, the financial services group, have pulled commercials over the outcry, causing Mr Hannity to tweet that he was a victim...
...“Even if regulation doesn’t change, you’ve got a lighter regulatory touch,” says John Toohey, head of equities at USAA Investments in San Antonio, Texas, who manages about $6bn on behalf of military members...
...It certainly makes sense to Bob Landry, chief investment officer for USAA....
...The initial results are already there, as evidenced by the large accounts awarded to us by advertisers such as Wal-Mart, GSK, HPE, Coty and USAA....
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