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Manulife Financial CorporationMFC
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Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States, and internationally.

The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments.

The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks.

The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing.

The Corporate and Other segment is involved in property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health.

The company also manages timberland and agricultural portfolios; and engages in insurance agency, investment counseling and dealer, portfolio and mutual fund management, property and casualty insurance, and mutual fund dealer businesses.

Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada.

Latest News >
Stereotaxis Says Magbot Catheter Cleared in China
Stereotaxis Says Magbot Catheter Cleared in China
Dec 9, 2024
09:47 AM EST, 12/09/2024 (MT Newswires) -- Stereotaxis ( STXS ) said Monday its Magbot Magnetic Navigation Ablation Catheter, developed with Shanghai MicroPort EP Medtech, received regulatory approval from China's National Medical Products Administration. The company said the Magbot catheter, used for treating specific heart rhythm disorders, is designed for use with Stereotaxis' ( STXS ) robotic systems and MicroPort's...
Mason Capital-Led Group in Partnership With IES Holdings, Other Investors Completes CB&I Acquisition
Mason Capital-Led Group in Partnership With IES Holdings, Other Investors Completes CB&I Acquisition
Dec 9, 2024
09:46 AM EST, 12/09/2024 (MT Newswires) -- A group led by Mason Capital Management in partnership with IES Holdings ( IESC ) and other investors has completed the acquisition of CB&I, CB&I said Monday. CB&I is a builder of storage facilities, tanks and terminals for energy and industrial markets, CB&I said Monday. Financial details of the deal were not provided....
Factbox-Brokerages still expect 25-bps US rate cut in December
Factbox-Brokerages still expect 25-bps US rate cut in December
Dec 9, 2024
(Reuters) - Citigroup has lowered its expectations for an interest-rate cut at the U.S. Federal Reserve's December meeting, joining peers in predicting a 25-basis-point reduction, following robust nonfarm payrolls data. Brokerages including Morgan Stanley and Goldman Sachs reiterated their expectation of a 25-basis-point cut after the jobs data. Data showed nonfarm payrolls increased by 227,000 jobs last month after rising...
US Listed Chinese Stocks Jump On China's Stimulus Measures, Looser Monetary Policy Assurances
US Listed Chinese Stocks Jump On China's Stimulus Measures, Looser Monetary Policy Assurances
Dec 9, 2024
On Monday, U.S.-listed Chinese stocks like Alibaba Group Holding ( BABA ). , JD.com, Inc. ( JD ) , Baidu, Inc. , NIO Inc. , Li Auto Inc. , and XPeng Inc.  maintained their upward trajectory ahead of a key policy meeting this week. China reportedly plans to host its annual economic planning meeting, at which it will discuss its financial goals and additional stimulus measures. On Monday, President Xi Jinping led...
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