Online resource helps advisors address small business owners’ financial needs
Manulife Financial Corp. has completed its domestic offering of 14 million Non-cumulative Rate Reset Class 1 Shares Series 1, the company said Wednesday.Priced at $25 a share, the offering raised gross proceeds of $350 million, after underwriters exercised their over-allotment option.The offering was underwritten by a syndicate of investment dealers led by Scotia Capital Inc. […]
Manulife Financial Corp. has appointed Scott Hartz as executive vice president, general account investments, the company said Monday.In this role, Hartz oversees all U.S., Canadian and Asian general account investments, with total assets exceeding $166 billion. Previously, Hartz, 48, oversaw all U.S. balance sheet investments for Manulife, a post he assumed in 2007. From 2004 […]
4.896% notes maturing in 2014
Net proceeds earmarked to reduce amounts outstanding under Manulife’s credit facility with Canadian chartered banks
Thomson succeeds Guloien
Incoming president and CEO Donald Guloien shares his thoughts on the future of the insurance giant
Manulife Financial Corp. has released its 2008 Public Accountability Statement, detailing the company’s philanthropic and sustainability efforts.“The financial turmoil that we have seen in the last year has highlighted the importance of giving back to the communities where we work and live,” says Dominic D’Alessandro, president and CEO. “Manulife is focused on helping our communities […]
Board reverses initial recommendation
Manulife program designed to help clients choose the right insurance