Top investment banks and companies are coming together to form the Institutional Life Markets Association, Inc. (ILMA), a trade association focused on educating consumers about their life insurance plan options, encouraging best practices, transparency and developing standards for the life settlement and premium finance industries. Board members held an inaugural meeting on March 22 in New York. Founding members include investment and financial services companies Goldman Sachs & Co., Credit Suisse Global, Bear Stearns & Co. Inc. Mizuho International PLC, UBS AG and West LB AG, and the New York-based association is actively recruiting members. ILMA is “different… Read More