Global commercial insurance rates increased by 1% on average in the first quarter of 2024, compared with ...
Fosun's Fidelidade Says It Plans to Carry Out an IPO in 2025
Fidelidade-Companhia de Seguros SA, a Portuguese insurer controlled by China's Fosun International Ltd., said it's planning to carry out an initial public offering in 2025....
Fidelidade-Companhia de Seguros SA, a Portuguese insurer controlled by China's Fosun International Ltd., said it's planning to carry out an initial public offering in 2025....
Article / 7 hours ago
Standard Chartered Faces £1.5 Billion UK Claim in Iran Sanction Case
Standard Chartered Plc is facing about £1.5 billion ($1.9 billion) worth of investor claims at a London trial over allegations it systematically breached Iranian...
Standard Chartered Plc is facing about £1.5 billion ($1.9 billion) worth of investor claims at a London trial over allegations it systematically breached Iranian...
Article / 1 day ago
FTX Investors Settle With Bankman-Fried to Pursue Promoters
A group of FTX investors and customers has agreed to drop their claims against co-founder Sam Bankman-Fried in exchange for his cooperation against other...
A group of FTX investors and customers has agreed to drop their claims against co-founder Sam Bankman-Fried in exchange for his cooperation against other...
Article / 3 days ago
Wells Fargo Bond Saleswoman Sues Over ‘Unapologetically Sexist' Workplace
Wells Fargo was accused of sex discrimination in a lawsuit by a bond saleswoman who said the fourth-largest U.S. bank denied pay and promotions available to...
Wells Fargo was accused of sex discrimination in a lawsuit by a bond saleswoman who said the fourth-largest U.S. bank denied pay and promotions available to...
Article / 3 days ago
UK Finance Watchdog Plans on Diversity Targets a ‘Bad Idea,' Minister Says
Plans by Britain's financial regulator to require firms to set targets for improving diversity could be counterproductive, UK business and women minister...
Plans by Britain's financial regulator to require firms to set targets for improving diversity could be counterproductive, UK business and women minister...
Article / 7 days ago
JPMorgan Client Who Lost $50 Million Fortune Faces Court Setback
The family of an elderly JPMorgan Chase & Co. client who lost tens of millions of dollars on investments as he slid into dementia faces a major setback in their years-long...
The family of an elderly JPMorgan Chase & Co. client who lost tens of millions of dollars on investments as he slid into dementia faces a major setback in their years-long...
Article / 10 days ago
Fragmented Europe to Make New Bid for US-Style Capital Market
After years of struggling to raise capital in European Union markets, Mews – a hospitality software firm with Czech roots – finally secured funding by registering as a Dutch...
After years of struggling to raise capital in European Union markets, Mews – a hospitality software firm with Czech roots – finally secured funding by registering as a Dutch...
Article / 10 days ago
EBRD Calls for Subsidized Insurance to Quickly Rebuild Ukraine
Subsidized insurance would attract investors to help rebuild Ukraine's war-battered economy, according to the European Bank for Reconstruction and...
Subsidized insurance would attract investors to help rebuild Ukraine's war-battered economy, according to the European Bank for Reconstruction and...
Article / 20 days ago
North Korean Hackers Stalk Crypto Startups Scrimping on Security
It's every cryptocurrency project's nightmare: Well-resourced hackers — perhaps backed by a rogue state like North Korea — strike out of nowhere, dismantling cyber...
It's every cryptocurrency project's nightmare: Well-resourced hackers — perhaps backed by a rogue state like North Korea — strike out of nowhere, dismantling cyber...
Article / 1 month ago
China Scrutinizes PwC Role in $78 Billion Evergrande Fraud Case
Chinese authorities are examining the role of PricewaterhouseCoopers LLP in China Evergrande Group's accounting practices after the...
Chinese authorities are examining the role of PricewaterhouseCoopers LLP in China Evergrande Group's accounting practices after the...
Article / 1 month ago