Bakers, Debevoise help insurers ink $5.7 bln deal

Baker & McKenzie and Debevoise & Plimpton have scored lead advisory roles on Japan’s Dai-ichi Life Insurance Co’s agreement to buy American insurer Protective Life for $5.7 billion in what is the largest ever acquisition by a Japanese


Korea: 9 brokerages, trust firms under investigation

The financial watchdog said it started investigating nine securities and asset management firms, Monday, to see if they violated rules requiring them to inform investors of the risks and other details of their products.