March 9 (Reuters) - Ambac Financial Group Inc added to Chief Executive Officer Nader Tavakoli's responsibilities on Wednesday as a major shareholder attacked the company in part for his pay and ...
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (“Ambac”) (NYSE: AMBC), a financial services holding company, announced the appointment of Kristi A. Matus and Michael D. Price as members of its ...
U.S. bond insurers may lose their top credit ratings because of diminishing new business and financial inflexibility, Moody's said on Wednesday. The ratings agency put MBIA and Ambac, the two biggest ...
Detailed price information for Octave Specialty Group Inc (OSG-N) from The Globe and Mail including charting and trades.
Ambac is significantly undervalued at 0.39x FWD book value, with upside potential if the $420M Oaktree Capital deal closes. Ongoing share repurchases and a reduced share count signal management's ...
Sept 7 (Reuters) - Bond insurer Ambac Financial Group Inc cannot prove its $2.7 billion case against Bank of America (BAC.N), opens new tab over troubled mortgage-backed securities on evidence that ...
A 2008 photo of the sign in front of MBIA's then-headquarters. MBIA and Ambac face lawsuits from COFINA bondholders who claim they were shortchanged in its restructuring. The bond debts of the Puerto ...
An announcement from Ambac Financial (AMBC) is now available. Ambac Financial Group, Inc. has struck a deal to sell all shares of its subsidiary Ambac Assurance Corporation to American Acorn ...
Acquisition follows closing of sale of Ambac’s legacy financial guarantee businesses and completion of Ambac’s transformation into a pure-play MGA and specialty insurance platform Addition of leading ...
Standard and Poor's cut the credit ratings of MBIA and Ambac on Thursday, just one day after fellow ratings agency Moody's said it may do the same. MBIA and Ambac are the two largest bond insurers and ...
Bank of America Corp. agreed to pay $1.84 billion to settle claims by bond insurer Ambac Financial Group regarding residential mortgage-backed securities, clearing away the bank’s last major legal ...
SAN FRANCISCO (MarketWatch) -- Ambac Financial shares rallied more than 7% on Thursday after influential ratings agency Moody's Investors Service issued a cautiously supportive assessment of the bond ...