DOCSLIB.ORG

THE Financ Ial SER V Ic ES Fa C T Boo K 2011 ISBN 978-0-932387-48-6

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
THE Financ Ial SER V Ic ES Fa C T Boo K 2011 ISBN 978-0-932387-48-6 The Financial Services Roundtable The Financial Services Fact Book THE • Unique and comprehensive guide with more than 350 graphs FI and charts on insurance, banking, securities, finance companies, nanc mortgage financing and on financial services as a whole. I • Key to understanding how the financial services sectors both al work together and compete with each other. SER • Valuable tool for the media, corporate executives and The v researchers. I c Published Jointly By: ES Fac Insurance Information Institute The Financial Services Roundtable T Financial 110 William Street 1001 Pennsylvania Avenue, NW New York, NY 10038 Suite 500 South Book 2011 www.iii.org Washington, DC 20004 www.fsround.org Services The Financial Services Roundtable Fact Book ISBN 978-0-932387-48-6 www.financialservicesfacts.org The online source for the new, comprehensive Financial Services Fact Book 2011 2011 2011Fs.cover.indd 1 11/4/10 2:45 PM The Financial Services Fact Book 2011 The Financial Services Roundtable TO THE READER 2010 was certainly a rebuilding year for our industry. With the passage of landmark legisla- tion, the Dodd-Frank Wall Street Reform and Consumer Protection Act, we are an industry changed. Many times our feet were held to the fire as we worked tirelessly to prove how the financial services industry is the fuel for the engine for economic growth. Since its inception in 2002, the Financial Services Fact Book, a partnership between The Financial Services Roundtable and the Insurance Information Institute, has provided informa- tion to help reporters, businesses and researchers understand the trends and statistics shaping the financial services industry. This year we present you with new material such as: • Information on the Dodd-Frank Wall Street Reform and Consumer Protection Act • New data on business and consumer loans • More information on retirement plan options • Expanded data on the largest bank holding companies As always, this year’s book provides a wealth of tables and charts on the workings of the insur- ance, banking and securities sectors, including data on mergers, employment, financial results, and leading companies, as well as data on national savings and debt, the U.S. housing market, and banks’ insurance activities and other examples of convergence. Many organizations, consultants and others who collect industry data have generously given permission to use their data in this book. However, the bulk of the work involved in col- lecting, integrating and interpreting the material was done by the Insurance Information Institute, which accepts editorial responsibility for the book. We actively seek your advice, comments and suggestions for next year’s edition. Please con- tact either of us, [email protected] or [email protected]. Robert P. Hartwig Steve Bartlett President President and Chief Executive Officer Insurance Information Institute The Financial Services Roundtable ©2011 Insurance Information Institute. ISBN 978-0-932387-48-6 Contents Financial Services at a Glance ..................................................................................................V Chapter 1: The Financial Services Industry ............................................................................1 2010 in Review ............................................................................................................ 1 Assets ............................................................................................................................ 2 Mergers ......................................................................................................................... 3 Employment and Compensation ................................................................................ 5 Gross Domestic Product .............................................................................................. 8 Leading Companies ................................................................................................... 11 Corporate Social Responsibility ................................................................................. 12 Chapter 2: Savings, Investment and Debt Ownership ....................................................... 13 National Savings ........................................................................................................ 13 Investments ................................................................................................................ 14 Household Assets ....................................................................................................... 19 529 Educational Savings Plans and Student Loans ................................................... 23 Consumer and Business Loans and Debt .................................................................. 26 Bankruptcy ................................................................................................................. 34 Consumer Fraud and Identity Theft ......................................................................... 35 Chapter 3: Retirement Assets............................................................................................... 37 Retirement Funds, IRAs and 401(k)s ......................................................................... 37 Annuities .................................................................................................................... 47 Mutual Funds ............................................................................................................. 50 Chapter 4: Convergence ......................................................................................................... 51 Financial Holding Companies ................................................................................... 51 Bank Holding Companies ......................................................................................... 52 BHCs: Securities Activities ......................................................................................... 52 BHCs: Insurance Activities ........................................................................................ 55 BHCs: Annuities Activities ......................................................................................... 58 Banks: Securities Activities ........................................................................................ 61 Banks: Insurance Activities ........................................................................................ 64 Banks: Annuities Activities ........................................................................................ 69 Insurance Industry: Banking Activities ..................................................................... 71 Industrial Banks ......................................................................................................... 73 Chapter 5: Insurance .............................................................................................................. 75 Overview .................................................................................................................... 75 All Sectors................................................................................................................... 76 Property/Casualty: Financial ..................................................................................... 82 Property/Casualty: Premiums by Line ....................................................................... 87 Property/Casualty: Specialty Lines ............................................................................ 90 Property/Casualty: Reinsurance................................................................................. 95 Property/Casualty: Capital Markets ........................................................................... 97 Life/Health: Financial ................................................................................................ 99 Life/Health: Premiums by Line ............................................................................... 103 Health Insurance...................................................................................................... 106 Chapter 6: Banking ................................................................................................................109 Overview .................................................................................................................. 109 All Sectors................................................................................................................. 112 Commercial Banks ................................................................................................... 119 Thrift Institutions .................................................................................................... 127 Remittances .............................................................................................................. 132 Credit Unions .......................................................................................................... 133 Chapter 7: Securities ............................................................................................................137 Overview .................................................................................................................. 137 Capital Markets ........................................................................................................ 145 Asset-Backed Securities ............................................................................................ 149 Derivatives
Load more

Recommended publications
  • Allstate Home Insurance Quote
    Allstate Home Insurance Quote Stereographic Si oversteps that subpostmaster frogs dazedly and foliate sure-enough. Phantasmagorical and sexennial Loren syntonises her charlatanry held disconnectedly or sensualizes feebly, is Noe adenomatous? Gewgaw Vince unkennelled meroblastically while Norris always revitalize his metasomatism crafts impenitently, he bilges so adscititiously. Allstate car insurance covers your home insurance costs will probably require additional coverage levels of predatory behavior and home insurance What legitimate business interruption insurance? What is managing most other features and governance issues for damaged; in dog or other factors like to verify the issuing insurance. How can brokers improve their ink to clients? Also covers legal fees if he are sued by means hurt control your home or anxious your property. Navigating the balance strives to homes built of experience, etfs today and their kids. This covers your home now well as structures that are attached to it, such as a vessel or garage. While water shutoff devices can manage fairly resilient to retreat up, replacing a spoil is likely to fail more invasive. What are you can happen for homes have degraded over the lowest prices than that covers skis, farmers insurance programs and the best rate allstate is doing the cheapest option. Check back on your home insurance helps provide protection to homes have access member of. Due after the shady nature know the insurance industry, it kit be difficult to choose a provider. Jeff was prompt fairly quickly answered all bar our questions as order gave us the best rates. Disclaimer: This information is not strange as an boy to sell, or the solicitation of an offer to slack, a franchise.
    [Show full text]
  • Corporate, Foundation, and Government Gifts
    Corporate, Foundation, and Government Gifts Gifts of $100,000 or more. Hackberry Endowment Partners MacLean-Fogg Company Anonymous Macy’s Foundation Merge Healthcare Solutions Inc. Abbott Laboratories Marquette de Bary Co., Inc. Morgan Stanley Bank of America Mayer & Morris Kaplan Motorola Solutions Foundation BP Foundation, Inc. Family Foundation Neal, Gerber & Eisenberg LLP Chicago Community Trust Morgan Stanley Nichols Family Investment Citigroup Polk Bros. Foundation Limited Partnership D & R Fund Prince Charitable Trusts NYSE Euronext Edwardson Family The Rhoades Foundation The Philancon Fund at the Boston Foundation Trust Schwab Charitable Fund Foundation Lillian H. Florsheim Foundation Sirius Fund R2M Holdings-Illinois LLC for Fine Arts Smart Family Foundation David C. & Sarajean Ruttenberg Gilchrist Foundation Sotheby’s Inc. Arts Foundation Goldman Sachs Walgreens Saul and Devorah Sherman Fund Graff Diamonds Chicago, Inc. Schwarz Supply Source Illinois Tool Works Inc. Gifts of $25,000 to $49,999. Scupe Foundation Jewish Federation of Anonymous Seneca Capital Metropolitan Chicago AbelsonTaylor, Inc The Siragusa Foundation Jordan Industries Accenture State Farm JPMorgan Chase & Co. After School Matters Terlato Wine International Lannan Foundation Allstate Corporation The PrivateBank Lazard Freres & Co. LLC Aon Foundation Vanguard Charitable Endowment John D. and Catherine T. The Barker Welfare Foundation Program MacArthur Foundation Baxter International Inc. W. W. Grainger, Inc. Chauncey and Marion Beecken Petty O’Keefe & Co, LLC Wintrust Financial Corporation Deering McCormick Foundation Blue Cross Blue Shield of Illinois Elizabeth Morse Charitable Trust The Boeing Company Gifts of $10,000 to $14,999. The Northern Trust Company Bon Appetit Management Co. Anonymous The Rise Group Bruning Foundation The Astor Foundation Starry Night Fund Elizabeth F.
    [Show full text]
  • WINTRUST CREDIT ACADEMY Develop the Skills You Need to Build a Career in Commercial Banking
    WINTRUST CREDIT ACADEMY Develop the skills you need to build a career in commercial banking. wintrust.com Wintrust’s rotational credit analyst training program, Wintrust Credit Academy, offers the opportunity to build a career in commercial banking. During the two- year rotational training program, individuals will gain exposure to a variety of functions in the commercial banking field through classroom training and rotational job assignments. Through in-classroom training, analysts will learn about the organization and our products, services, clients, and business practices. During this portion of the program, individuals will be introduced to the fundamentals of credit analysis, our underwriting framework, and various other subjects, including loan documentation, risk assessment, and concise financial writing. Credit analysts are responsible for conducting financial analysis and risk assessment of potential borrowers, preparing credit memoranda to be presented to senior management, and monitoring credit risk within various loan portfolios. The rotational component of the program includes rotations in areas such as commercial and industrial, commercial real estate, wealth services, asset-based lending, and treasury management. PRIMARY RESPONSIBILITIES After successful completion of the program, highly You will work alongside relationship managers, business development managers, motivated analysts will have the opportunity to move portfolio managers, and others in your office to develop a deep understanding into a professional role in commercial banking or credit of the operating performance and potential borrowing needs of prospective at one of the many Wintrust locations. Wintrust Credit clients. You will also assist relationship managers with ongoing support of Academy provides a solid foundation for developing a existing clients. Your responsibilities may include: successful career as a commercial banker.
    [Show full text]
  • 2018 Online Trust Audit & Honor Roll Report
    Internet Society’s Online Trust Alliance (OTA) 2 TABLE OF CONTENTS Overview & Background .......................................................................................................................... 3 Executive Summary & Highlights ............................................................................................................. 4 Best Practices Highlights ......................................................................................................................... 9 Consumer Protection .......................................................................................................................... 9 Site Security ........................................................................................................................................ 9 Privacy Trends ................................................................................................................................... 10 Domain, Brand & Consumer Protection ................................................................................................. 12 Email Authentication ......................................................................................................................... 12 Domain-based Message Authentication, Reporting & Conformance (DMARC) ................................... 14 Opportunistic Transport Layer Security (TLS) for Email ...................................................................... 15 Domain Locking ................................................................................................................................
    [Show full text]
  • CCB 2021 0322.Pdf
    INDEMAND JOBS: Here are the 10 hottest well-paying careers in Illinois. PAGE 12 CONVENTIONS: What Chicago must do to win them back. PAGE 3 CHICAGOBUSINESS.COM | MARCH 22, 2021 | $3.50 MANUFACTURING As the ‘engine Socially conscious investing gains currency as investors seek to improve sustainability of the economy’ and bene t the social good while still making money. PAGE 15 heats up again, tech advances are accelerating ahead of a lagging labor FACTORIES FORWARD force. PAGE 15 FACTORIES FORWARD FIND THE COMPLETE SERIES ONLINE ChicagoBusiness.com/CrainsForum ZAC OSGOOD ZAC How Chicago became Herd immunity: the Silicon Valley of pot Kayvan Khalatbari, a cannabis A moving target Early obstacles helped consultant from Denver who turn local marijuana advised Cresco on its original li- Threshold for stopping COVID is higher in some areas cense application. companies into giants In the six years since Illinois BY STEPHANIE GOLDBERG issued its rst licenses to grow MINDING THE GAP: Why so many health care workers are BY JOHN PLETZ and sell marijuana for medical As COVID-19 inoculations use, GTI, Cresco, Verano and accelerate, a weary public waits still unvaccinated. PAGE 3 Call Chicago the capital of Big privately held PharmaCann have anxiously for vaccines to reach 70 Weed. emerged as industry giants, win- BOEHM R. JOHN percent of the population, a level tration in areas that have been e city is home to three of the ning or acquiring licenses across Cresco CEO Charlie Bachtell widely associated with “herd im- hit harder during the pandemic. ve biggest public companies in the country as legalization took munity.” In other words, vaccinating any the United States that grow and o .
    [Show full text]
  • The Sallie Mae Saga: a Government-Created, Student Debt Fueled Profit Machine
    _Why The Sallie Mae Saga: A Government-Created, Student Debt Fueled Profit Machine January 2014 Deanne Loonin National Consumer Law Center® © Copyright 2014, National Consumer Law Center, Inc. All rights reserved. ABOUT THE AUTHOR Deanne Loonin is an attorney with the National Consumer Law Center (NCLC) and the Director of NCLC’s Student Loan Borrower Assistance Project. Deanne assists attorneys representing low-income consumers, and teaches consumer law to legal services, private consumer attorneys, and other advocates. Deanne is the co-author of NCLC’s publications Student Loan Law and Guide to Surviving Debt as well as numerous reports on the student loan industry and borrower issues. Prior to joining NCLC in 1997, Deanne worked as a legal aid attorney in Los Angeles. She is a member of the California and Massachusetts bars. ACKNOWLEDGEMENTS This report is a release of the National Consumer Law Center’s Student Loan Borrower Assistance Project. NCLC research assistant Marina Levy provided extensive research and editorial content. The author thanks NCLC colleagues Carolyn Carter, Jan Kruse, Robyn Smith and Persis Yu for valuable comments and assistance. We also thank NCLC colleague Beverlie Sopiep for layout assistance. The findings and conclusions presented in this report are those of the authors alone. NCLC’s Student Loan Borrower Assistance Project provides information about student loan rights and responsibilities for borrowers and advocates. We also seek to increase public understanding of student lending issues and to identify policy solutions to promote access to education, lessen student debt burdens, and make loan repayment more manageable. www.studentloanborrowerassistance.org ABOUT THE NATIONAL CONSUMER LAW CENTER Since 1969, the nonprofit National Consumer Law Center® (NCLC®) has used its expertise in consumer law and energy policy to work for consumer justice and economic security for low- income and other disadvantaged people, including older adults, in the United States.
    [Show full text]
  • Government-Sponsored Enterprises and Their Implicit Federal Subsidy
    GovernmentSponsored Enterpriks and Their Implicit Federal Subsi*: The Case of Sallie Mae GOVERNMENT-SPONSORED ENTERPRISES AND THEIR IMPLICIT FEDERAL SUBSIDY: THE CASE OF SALLIE MAE The Congress of the United States Congressional Budget Office PREFACE This report on the Student Loan Marketing Association (Sallie Mae) is part of an ongoing study of government-sponsored enterprises (GSEs). The Con- gressional Budget Office undertook the study at the request of the Senate Budget Committee and the Subcommittee on Federal Credit Programs of the Senate Banking Committee. Government-sponsored enterprises include, in addition to the Student Loan Marketing Association, the Federal National Mortgage Association, the Farm Credit Banks, the Federal Home Loan Mortgage Corporation, and the Federal Home Loan Banks. Although the emphasis in this report is on Sallie Mae, the analysis is applicable to the other sponsored enterprises. In keeping with CBO's mandate to provide ob- jective analysis, the paper offers no recommendations. This paper was prepared by Marvin Phaup of.the Budget Process Unit under the supervision of Richard P. Emery, Jr. A significant contribution to the study was made by Robert W. Hartman, Senior Analyst for Budget Pro- cess. Useful comments and suggestions were also made by Ron Boster, Jim Carr, Samuel Chase, Barry L. Cooper, Alfred B. Fitt, Ray Garea, Janet Hansen, Carol Hartwell, Timothy Howard, Ronald F. Hunt, Jan Lilja, Fred- erick C. Meltzer, Carl Mintz, William Schmidt, Robin Seiler, Kevin E. Villani, and Dan A. Woods. CBO analysts Deborah Kalcevic, Maureen McLaughlin, Roy Meyers, Mitchell Mutnick, Pearl Richardson, and Mark Weatherly also contributed to the paper.
    [Show full text]
  • Data Breach Reports
    November 30, 2019 CONTENTS Information & Background on ITRC ......... 3 Methodology ............................................ 4 ITRC Data Breach Report ......................... 5 ITRC Breach Category Summary .............. 8 ITRC Breach List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¶VOLFHQVHQXPEHUPHGLFDOUHFRUGRUILQDQFLDOUHFRUG FUHGLW GHELWFDUGVLQFOXGHG LVSRWHQWLDOO\SXWDWULVNEHFDXVHRIH[SRVXUH7KLVH[SRVXUHFDQRFFXU HLWKHUHOHFWURQLFDOO\RULQSDSHUIRUPDW7KH,75&ZLOODOVRFDSWXUHEUHDFKHVWKDWGRQRWE\WKH QDWXUHRIWKHLQFLGHQWWULJJHUGDWDEUHDFKQRWLILFDWLRQODZV*HQHUDOO\WKHVHEUHDFKHVFRQVLVWRI WKHH[SRVXUHRIXVHUQDPHVHPDLOVDQGSDVVZRUGVZLWKRXWLQYROYLQJVHQVLWLYHSHUVRQDO LGHQWLI\LQJLQIRUPDWLRQ7KHVHEUHDFKLQFLGHQWVZLOOEHLQFOXGHGE\QDPHEXWwithoutWKHWRWDO QXPEHURIUHFRUGVH[SRVHGLQWKHFXPXODWLYHDQQXDOWRWDO 7KHUHDUHFXUUHQWO\WZR,75&EUHDFKUHSRUWVZKLFKDUHXSGDWHGDQGSRVWHGRQOLQHRQDZHHNO\ EDVLV7KH ITRC Breach ReportSUHVHQWVGHWDLOHGLQIRUPDWLRQDERXWGDWDH[SRVXUHHYHQWVDORQJ ZLWKUXQQLQJWRWDOVIRUDVSHFLILF\HDU%UHDFKHVDUHEURNHQGRZQLQWRILYHFDWHJRULHVDVIROORZV EXVLQHVVEDQNLQJFUHGLWILQDQFLDOHGXFDWLRQDO*RYHUQPHQW0LOLWDU\DQGPHGLFDOKHDOWKFDUH7KH
    [Show full text]
  • Your Growth Is Our Business
    YOUR GROWTH IS OUR BUSINESS TRIENNIAL REPORT 2014-2016 MESSAGE Emilia DiMenco President and Chief Executive Officer A heartfelt thanks to you for your participation in our collective accomplishments over the past 30 years! Working together, we have helped some 78,000 women business owners become more economically empowered. Over the last few years, we have significantly enhanced the methods, channels, technology, programs, and support services for women business owners and other underserved communities - minorities and veterans - seeking to start and grow businesses. Investments you have made have allowed us to improve and expand the programs and services we provide, including our digital presence. We have enhanced our website and developed an online/on-demand learning portal. This has enabled our clients to work with us remotely and use applications to simplify the way they develop their business plans and financial forecasts, market their products and services, and gain access to resources that can help them grow their ventures. But in spite of the significant progress that we have been honored to help fuel, there is still plenty of work to be done. Women, minority, and veteran business owners remain underrepresented and are underserved for economic benefits. This limits their opportunities for growth and success, which, in turn, impacts all of us – entire communities and our country! So it is time for us to ‘double-down’ on our collective responsibility to do all we can so that women, minority, and veteran business owners are represented and have equal opportunities to participate in every facet and at every level of our economy.
    [Show full text]
  • PORTFOLIO of INVESTMENTS – As of September 30, 2020 (Unaudited)
    PORTFOLIO OF INVESTMENTS – as of September 30, 2020 (Unaudited) Loomis Sayles Investment Grade Bond Fund Principal ________________________________Amount Description ____________________________________________________________ Value (†) Bonds and Notes – 94.5% of Net Assets Non-Convertible Bonds – 93.6% ABS Car Loan – 6.4% $ 16,590,000 Ally Auto Receivables Trust, Series 2019-1, Class A3, 2.910%, 9/15/2023 $ 16,913,658 7,865,000 American Credit Acceptance Receivables Trust, Series 2019-3, Class D, 2.890%, 9/12/2025, 144A 8,047,444 1,965,000 AmeriCredit Automobile Receivables Trust, Series 2018-2, Class D, 4.010%, 7/18/2024 2,087,775 10,515,000 AmeriCredit Automobile Receivables Trust, Series 2018-3, Class D, 4.040%, 11/18/2024 11,116,717 25,880,000 AmeriCredit Automobile Receivables Trust, Series 2019-1, Class D, 3.620%, 3/18/2025 26,998,148 12,340,000 AmeriCredit Automobile Receivables Trust, Series 2019-2, Class D, 2.990%, 6/18/2025 12,984,709 1,395,000 AmeriCredit Automobile Receivables Trust, Series 2020-2, Class D, 2.130%, 3/18/2026 1,413,280 4,800,000 Avis Budget Rental Car Funding AESOP LLC, Series 2020-2A, Class A, 2.020%, 2/20/2027, 144A 4,841,880 3,650,000 CarMax Auto Owner Trust, Series 2018-3, Class D, 3.910%, 1/15/2025 3,759,026 13,585,000 CarMax Auto Owner Trust, Series 2019-1, Class D, 4.040%, 8/15/2025(a)(b) 13,970,250 5,811,000 CarMax Auto Owner Trust, Series 2019-2, Class D, 3.410%, 10/15/2025 5,945,447 2,315,000 CarMax Auto Owner Trust, Series 2019-3, Class D, 2.850%, 1/15/2026 2,393,670 4,625,000 CarMax Auto Owner
    [Show full text]
  • 2010-2011 Annual Report 2010-2011 Board of Directors Cathy Oloffson Chair Sara Medlock Treasurer Lyn Potts Chair-Elect Camille Taylor Secretary
    ywca mclean county 2010-2011 annual report 2010-2011 board of directors Cathy Oloffson chair Sara Medlock treasurer Lyn Potts chair-elect Camille Taylor secretary Margarita Alvarez Arlene Hosea Sheri Bane Robbin James Vijeyta Bhatia Chereé Johnson Lauren Carapella Virginia Jordan-Benson Marabeth Clapp Sally Rudolph Angela Enwereuzo Mary Schmidt Brittini Gray Starla Southward Deborah Halperin administration (current) Jane Chamberlain president/ceo Angela Ambers-Henderson vice president of program operations Curt Oyer vice president of finance Kamakshi Chakravadhanula director of human resources Laura Kowalczyk director of marketing and communications Tiffany Mitchell director of hershey child care Michelle Mullaney director of building operations Julie Navickas director of rsvp Pat Poppe director of public relations and development Carla Rudicil director of program grants Erica Thurman director of stepping stones sexual assault program Norene Ball coordinator of hallmark programs Jennifer Pemberton coordinator of home care services Linda Moreno executive specialist making a difference For 103 years, YWCA McLean • Provided 48,060 hours of service to County has been serving the needs of 298 unduplicated clients through area residents and adapting with the our Home Care Services program, changing times. Dedicated staff and helping individuals remain indepen- volunteers provide premier programs dent and safe in their own homes and services that embrace our mission while maintaining their dignity. of eliminating racism, empowering women and promoting peace, justice, • Provided 6,266 rides to 281 freedom and dignity for all. unduplicated clients through Medivan, our non-emergency During the 2010 -11 fiscal year, transportation service, to and from YWCA McLean County: appointments, hospital stays and • Participated in a variety of mission- nursing homes.
    [Show full text]
  • Will Exelon Cut the Cord with Comed?
    REAL ESTATE: The “Crayola House” on Wisconsin’s shoreline is for sale. PAGE 27 BOOZE: Spirit Hub aims to get craft spirits to the masses. PAGE 3 CHICAGOBUSINESS.COM | OCTOBER 5, 2020 | $3.50 Will Exelon cut the cord with ComEd? estimated earnings, Exelon’s It’s a move Wall Street has applauded elsewhere in the power industry stock price is at a multiple that But ComEd’s admissions in for nancial success. badly trails its utility peers, which BY STEVE DANIELS July that it engaged in a bribery Now Wall Street is wondering average about 16 times. Exelon’s More and more, Exelon looks scheme over nearly a decade to why Exelon, unlike virtually ev- stock has fallen 21 percent this like the last man standing in its win lucrative legislation in the ery major electricity company in year, while the Standard & Poor’s industry—and not in a good way. Illinois Capitol—coupled with the U.S., isn’t uncoupling its - Utilities Index is down 7 percent. e Chicago-based nuclear repeated requests for ratepayer nancially struggling power plants e valuation implies that inves- power giant and parent of Com- bailouts from Exelon’s unregu- from its healthy utilities, which tors ascribe essentially no value monwealth Edison long has lated arm that once pledged fe- along with ComEd include mo- to Exelon’s merchant arm even maintained that owning regulat- alty to market forces—make this nopoly power-delivery compa- Exelon CEO Chris Crane though the company projects it ed utilities like ComEd alongside marriage look rocky at best.
    [Show full text]