Is CitiGroup's Sandy Weill shopping? Today's Business Week reports that the firm is in talks to buy American Express.
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AXP Partners (a unit of American Express) taps Davis, T. Rowe, Whitman, Lord Abbett, & Royce as subadvisors for three new value funds set to launch in June. The firm revealed the move in SEC filings yesterday.
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Phoenix Home Life Insurance will start providing wealth management services for State Farm Life Insurance customers. The alliance allows State Farm to hold onto business as its clients accumulate wealth and need more financial planning services.
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