Travelers Group

Article Abstract:

Travelers Group was acquired by Primerica in 1993, and has expanded. The company was hit by bad debts from its real estate business during the 1980s. The company's activities include life insurance, consumer lending, and stockbroking. The company's profits increased strongly in 1995, and this growth has persisted in 1996. The US insurance industry faces pressure on costs and Travelers has performed well in this area, but the company could be affected by a rise in interest rates which would hit its insurance and broking activities.

Security brokers and dealers, Securities Brokerage, Stockbrokers, Travelers Inc., TRV

---

Compagnie Bancaire

Article Abstract:

Compagnie Bancaire is involved in a wide range of financial services including telephone banking through Banque Directe, a recent acquisition. Cetelem, a consumer finance concern, is the key source of profits. The company has a 46% stake held by Paribas. Bancaire saw serious losses from mortgage lending in 1993 but started to recover in 1994 with this recovery continuing in 1995. The company is likely to continue to improve in 1996 with life insurance performing well, in addition to Cetelem.

Consumer Lending, Personal credit institutions, Consumer Finance Institutions, Consumer finance companies, Company Profile, Compagnie Bancaire

---

The Paragon Group of Companies

Article Abstract:

The Paragon Group of Companies is profitable as a mortgage lender, and its consumer finance division is growing rapidly, though the company could be affected by a slowing housing market.

Financial Services, Finance and Insurance, Paragon Group Plc

Similar abstracts:

• Abstracts: Sales are testimony to wide appeal. The many uses of a unit trust. Competition forces costs down
• Abstracts: Trading up. Doing the regulation shuffle
• Abstracts: Where to draw the line. The shape of things to come
• Abstracts: Charitable concerns. Income or growth, the charitable conundrum. Is charitable status for you?
• Abstracts: Arabis: investors on the warpath. Tax boost for bosses on new bonus schemes. Boss slams top pay rules

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.