Monday, October 10, 2005

 

Conversion of Mutuals Continue to Stir Up Debate

As four Bay State mutual banks look to form mutual holding companies, which allow for issuing a minority position of stock, a local advocacy group is sounding the alarm.

The Center for Insurance Research, a Cambridge group that has long fought mutual conversions in the insurance industry, has entered the bank fray.

Conversion of Mutuals Continue to Stir Up Debate
Source: Biz Journals

This page is powered by Blogger. Isn't yours?