...retirement and insurance services to JC Flowers, a private equity firm based in...The price for the transaction to JC Flowers has not been disclosed. Employees...cuts, Guillocheau said this move by JC Flowers is that company's entree to the...

...split. Citi planned to keep Fund Services and Alternative Investments and then sell retirement and insurance services to JC Flowers, a private equity firm based in New York. Later in the year BISYS announced a name change to Ascensus. Also in July...