Ambac Financial Group Inc. posted another steep loss for the first quarter on Wednesday as turmoil in the bond market pummeled the value of many of the bond insurer's deals. Subscribe to read this ...
NEW YORK - Ambac Financial Group, Inc. (NYSE:AMBC) announced Monday it has completed the sale of its legacy financial guarantee businesses to funds managed by Oaktree Capital Management, L.P. for $420 ...
On June 27, 2018, the New York Court of Appeals ruled that Ambac Assurance Corporation (“Ambac“) could not recover the full $2.2 billion in damages it sought in the form of claim payouts on $25 ...
NEW YORK--(BUSINESS WIRE)-- Ambac Financial Group, Inc. ("Ambac" or the "Company") announced today the effectiveness of its Second Modified Fifth Amended Plan of Reorganization (the "Plan"), which ...
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE: AMBC) ("Ambac" or "AFG"), an insurance holding company, today reported its results for the Fourth Quarter 2024. Fourth Quarter 2024 and ...
On July 16, Judge Schofield in the United States District Court for the Southern District of New York dismissed four out of five claims in a suit filed by Ambac Assurance Corp. (Ambac) against U.S.
Detailed price information for Octave Specialty Group Inc (OSG-N) from The Globe and Mail including charting and trades.
Ambac Financial Group's plan to raise up to $1.5 billion in capital is nearly complete, bankers say, which should help the troubled bond insurer keep its crucial triple A debt rating. Ambac said it ...
NEW YORK, April 26, 2017 (GLOBE NEWSWIRE) -- Ambac Financial Group, Inc. (Nasdaq:AMBC) ("Ambac"), a holding company whose subsidiaries, including Ambac Assurance Corporation, provide financial ...
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (“Ambac”) (NYSE: AMBC), a financial services holding company, announced the appointment of Kristi A. Matus and Michael D. Price as members of its ...
March 9 (Reuters) - Ambac Financial Group Inc added to Chief Executive Officer Nader Tavakoli's responsibilities on Wednesday as a major shareholder attacked the company in part for his pay and ...
Ambac Financial Group Inc.’s plan to raise $1.5 billion in capital enables the company to stay in one piece, New York insurance regulators said Wednesday, after the company had considered splitting ...