Banks file petition against MBIA over split (Dealscape

Eighteen banks are taking their fight against MBIA Inc. and New York's insurance superintendent to the next level as they try to prevent the bond insurance company from splitting its municipal bond and structured finance businesses.

The banks, including J.P. Morgan Chase & Co., Bank of America Corp. and UBS, said the insurance regulator had no right to approve the move and contend the split benefited some policyholders at the expense of others.

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174 articles related to MBIA Inc.
42 company pages related to J.P. Morgan Chase & Co.
29 in-depth reports of Reorganization plans in the Financial Services sector
16 company pages related to Bank of America
10 years of news and analysis archives from the voice of The Deal Economy

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NOT A SUBSCRIBER? Banks file petition against MBIA over split Posted on June 16, 2009 3:10 PM Eighteen banks are taking their fight against MBIA Inc. and New York's insurance superintendent to the next level as they try to prevent the bond insurance company from splitting its municipal bond and structured finance businesses. The banks, including J.P. Morgan Chase & Co., Bank of America Corp. and UBS, said the insurance regulator had no right to approve the move and contend the split benefited some policyholders at the expense of others. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 174 articles related to MBIA Inc. 42 company pages related to J.P. Morgan Chase & Co. 29 in-depth reports of Reorganization plans in the Financial Services sector 16 company pages related to Bank of America 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Skadden Arps Amusement parks Deb Shops Windstream Corp. Diedrich Coffee Hanna Andersson Tween Brands Entertainment Lazard Lyondell Chemical		EXISTING USERS Username Password Forget your password? Missing a product?

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