Security Capital slumps 37% after hiring Rothschild, loss warning

Bond insurer hires Rothschild to mull strategic options, warns of big loss SAN FRANCISCO (MarketWatch) — Security Capital Assurance lost more than a third of its market value on Monday after the bond insurer said it’s hired Rothschild Inc. as an advisor to consider strategic options and warned of a big loss. Security Capital (SCA) said its annual 10-K [...]

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