Markel Corporation announced Wednesday that Richard R. Whitt III, Co-Chief Executive Officer of Markel, p...
Global Banks Flee the Monster SPAC Market They Helped Create
Just a few years after banks helped create a gargantuan market for blank-check companies, they’re pulling away...
Article / 13 days ago
Financial Council Warns Climate Change, Stablecoins Are Systemic Risks
Financial Council Warns Climate Change, Stablecoins Are Systemic Risks
Climate change, the rapid growth of “stablecoins” and financial innovations that led to frenzied trading of GameStop Corp shares early this year are threats...
Article / 5 months ago
Lloyd's, Travelers, Other Insurers Lose in JPMorgan Appeal Over Bear Stearns Settlement
New York's highest court ruled on Tuesday that JPMorgan Chase & Co is entitled to insurance coverage for $140 ...
Article / 6 months ago
Insurers, Banks, Investors Worth a Combined $130 Trillion Pledge to Prioritize Limiting Climate Change
Banks, insurers and investors with around $130 trillion or 40% of the world's capital at their disposal pledge...
Article / 7 months ago
New York AG Orders Two Cryptocurrency Lending Platforms to Cease Activ...
New York AG Orders Two Cryptocurrency Lending Platforms to Cease Activity
Two cryptocurrency lending platforms were asked to cease activities in New York by the state's attorney general...
Article / 7 months ago
SPAC Deal Generates Millions for Suits Against P/C Insurers That Stiffed Medicare
Wall Street’s latest blank-check company promises to be a litigation finance nightmare for property/casualty i...
Article / 8 months ago
Robinhood Financial To Pay $70M to Settle Regulatory Probe
Robinhood Financial To Pay $70M to Settle Regulatory Probe
Online broker Robinhood Financial LLC has been ordered to pay $70 million for ‘systemic supervisory failures’ that...
Article / 11 months ago
Britain Urges EU to Avoid Protectionism, Launch Financial Services Talks
Britain's finance ministry called on the European Union to open talks on financial services...
Article / 11 months ago
Around 30 Percent of Euro Zone Corporate Loans Exposed to Climate Haza...
Around 30 Percent of Euro Zone Corporate Loans Exposed to Climate Hazards
Euro zone banks face potential climate hazards such as floods and droughts on up to a third of their loans to companies, with lenders in Greece, Portugal and Spain...
Article / 1 year ago
SCOTUS Won't Revive Wells Fargo Accounts Scandal Suit
SCOTUS Won't Revive Wells Fargo Accounts Scandal Suit
The U.S. Supreme Court on Monday rebuffed a bid by current and former employees of Wells Fargo & Co...
Article / 1 year ago