51. When the merger was announced last June, the companies said the new firm will focus on expanding its money management business internationally. 52. When the stock market and the fund industry cool off, Marsh might expand its money management business on the cheap. 53. Zurich Group plans to combine Scudder with its existing international money management businesses to form Scudder Kemper Investments. 54. Zurich Chief Executive Rolf Hueppi recently said the company planned to bolster its money management business as returns in the insurance industry decline. 55. A banker was arrested by federal agents Thursday and charged with operating a money transmitting business that was part of an international black market in U.S. dollars. 56. A Somali man sought by the United States in a terror-related sweep of money transfer businesses had his extradition hearing postponed Friday. 57. All the money was wired after state banking officials had warned the Husseins they were operating an illegal money transfer business. 58. Canada announced it was dropping the extradition case of a Somali man sought by the United States in a terror-related sweep of money transfer businesses. 59. For people in the money business, it was THE event. 60. He is charged with two counts of operating a foreign money transfer business without a state license, and could face up to five years in prison if convicted. |