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
| |  | 12/18/08| 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 |  | 12/09/08| 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 |  | 11/16/08| 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 |  | 11/13/08| 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.