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News For: Pacific life Variable AnnuityLife insurance industry���s revenue is growing steadily THE life insurance industry revenue grew by 14% during the first half of this year compared to the same period last year, despite a slowdown in consumer spending due to high inflation and interest rates. In Boutique Firms, Bankers May Hope to Find a Cushy Life Raft For the M&A bankers that have been tossed on the stormy seas engulfing Wall Street investment banks, the idea of joining a boutique advisory may seem like the equivalent of a very cushy life raft. Nomura to Buy Lehman's Operations in Asia Pacific Tokyo, Sept 22, 2008 Jiji Press - Japan's top brokerage house Nomura Holdings Inc. said Monday that it will acquire the Asia Pacific operations of failed U.S. investment bank Lehman Brothers. Standard Life to automate account opening with SWIFT Standard Life Savings has announced that it will provide a platform to automate the account opening process with the Society for Worldwide Interbank Financial Telecommunication, paving the way for the industry to connect and exchange financial information. Nomura Takes More of Lehman A day after acquiring the Asian-Pacific unit of Lehman Brothers , the investment bank Nomura of Japan agreed to take over some of the bank���s European and Middle Eastern operations as well, The New York Times���s Julia Werdigier writes. |