You are here

Wachovia

Large Banks Quietly Pile Up 'Janitors' Insurance Policies

Original publication date: 
Thursday, May 2, 2002 - 00:00

Some of America's biggest banks -- including Bank of America Corp., J.P. Morgan Chase & Co., and Bank One Corp. -- hold billions of dollars in so-called janitors insurance on their present and former employees. But investors may have a hard time finding much information in their Securities and Exchange Commission filings.

How Life Insurance Morphed Into a Corporate Finance Tool

Original publication date: 
Monday, December 30, 2002 - 00:00

Subscribe to RSS - Wachovia