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Genworth Financial, Inc. is one of the largest insurance and financial services holding companies in the U.S., and has an expanding international presence. To learn more, go to About Genworth.

Current News

Press Releases

 
Printer Friendly Version12/18/08
RICHMOND, Va., Dec. 18 /PRNewswire-FirstCall/ -- Genworth Financial, Inc. (NYSE: GNW) today announced actions being taken to advance the company's strategic goals in response to the current economic downturn. These actions include the elimination of approximately 1,000 jobs globally. "A workforce reduction is among the most difficult decisions any organization has to make," said Michael D. Fraizer, Genworth chairman and chief executive officer. "We are making tough business deci... 
Genworth Financial Announces Workforce Actions to Address Expense Reduction Goals
Printer Friendly Version12/09/08
RICHMOND, Va., Dec. 9 /PRNewswire-FirstCall/ -- Genworth Financial (NYSE: GNW) announced today it has reached a definitive agreement with respect to the acquisition of InterBank, fsb of Maple Grove, Minnesota. The completion of the proposed acquisition is subject to the approval of the Office of Thrift Supervision (OTS), Genworth receiving approval to participate in the U.S. Treasury Department's Capital Purchase Program (CPP) under the Troubled Asset Relief Program (TARP), as well as... 
Genworth Announces Definitive Agreement to Acquire InterBank, fsb
Printer Friendly Version11/16/08
RICHMOND, Va., Nov. 16 /PRNewswire-FirstCall/ -- Genworth Financial (NYSE: GNW) announces it has filed a savings and loan holding company application with the Office of Thrift Supervision with respect to the acquisition of InterBank fsb of Maple Grove, Minnesota. Genworth and InterBank have reached an agreement in principle, subject to negotiation of a definitive agreement. Genworth also filed an application for the U.S. Treasury Department's Capital Purchase Program (CPP) under the T... 
Genworth Announces Filing for Savings and Loan Holding Company Status
Printer Friendly Version11/13/08
RICHMOND, Va., Nov. 13 /PRNewswire-FirstCall/ -- Genworth Financial, Inc. (NYSE: GNW) today announced it has borrowed $930 million of the $1.7 billion available to the Company, under its two revolving credit facilities that mature in 2012. The Company intends to use the borrowings along with other sources of liquidity for the repayment of outstanding holding company debt (including the Company's senior notes maturing in 2009) at maturity and/or the purchase and retirement of outstandi... 
Genworth Announces Strategic Use of Credit Lines


For a complete review of past press releases and other news go here.

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