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A fidelity bond or fidelity guarantee is a form of insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals. It usually insures a business for losses caused by the dishonest acts of its employees.
The officers and board of the new company were the same as that of the Lawyers' Title Insurance Company, with the addition of Henry Morgenthau, president of Central Realty, as a member of the board and of the finance committee. The real estate of Central Realty was to be acquired by a syndicate or corporation to be organized by Henry Morgenthau ...
Policies are offered in every state and the District of Columbia; in New York, products are offered through a wholly owned subsidiary, Fidelity & Guaranty Life Insurance Company of New York. The company focuses on the sale of individual life insurance products and annuities, which include deferred annuities (fixed indexed and fixed rate ...
The Fidelity Investment Grade Bond Fund is an actively managed fund that seeks to provide a high level of current income. The fund typically invests at least 80 percent of its assets in all types ...
An asset management company is an asset management / investment management company/firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives. For a fee, the company/firm provides more diversification , liquidity , and professional management consulting service than is normally available ...
In 2006, CIT moved its global headquarters back to New York City, opening a new headquarters at 11 West 42nd Street, across from the New York Public Library. [ 15 ] Under the leadership of CEO Jeff Peek , assets at CIT rose 77% from 2004 to the end of 2007 as it acquired companies in education lending and subprime mortgages.