|Last Price$7.35||Day Change (%)1.80%|
|Open Price$7.20||Day Change ($)0.13|
|Day Range7.16–7.35||52-Week Range6.92–18.74|
As of Mon 01/26/2015 04:45 PM EST | USD
Genworth Financial Wealth Management will soon have new owners -- and a new name.
Genworth Financial Inc . said it is eliminating 400 jobs as Chief Executive Officer Thomas McInerney seeks to counter the pressure from low interest rates.
Genworth Financial Wealth Management, a unit of Genworth Financial , hired Daniel Courtney to the newly created position of president of the asset management division.
Genworth Financial Wealth Management introduced GPS Select Solutions, multi-strategic portfolios that serve a variety of specific investment goals.
Aquiline Capital Partners and Genstar Capital, two private equity firms, are set to Acquire Genworth Wealth Management for $412.5 million.
This week in new hires, Joel Marcus joined Genworth Wealth Management and Direxion brought in Patrick Rudnick as CFO.