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Financial Services & Real Estate Headlines

Softbank in talks to buy stake in Swiss Re: WSJ

Japan's Softbank Group Corp is in advanced talks to buy a stake in Swiss reinsurer Swiss Re AG worth $10 billion or more, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

AIG to buy reinsurer Validus for $5.56 billion

American International Group Inc on Monday said it would buy reinsurer Validus Holdings Ltd for $5.56 billion in cash, ending a long period of retrenchment for AIG as new Chief Executive Brian Duperreault plots an expansionist path.


Pence rallies conservatives with call to fight hard at 2018 elections

NATIONAL HARBOR, Md./WASHINGTON Vice President Mike Pence rallied thousands of conservative activists on Thursday to fight back against a Democratic drive to take over the U.S. Congress in 2018 elections, calling a Republican victory at the midterm votes crucial to advancing President Donald Trump's agenda. | Video