Zurich Insurance to sell Italian life and pensions back book to GamaLife
ZURICH (Reuters) -Zurich Insurance will release about $1.2 billion of capital by selling its Italian life and pensions back book to Portuguese insurer GamaLife, the Swiss company said on Monday.
Swiss Re swings to 2021 profit but still feels pandemic effect
FRANKFURT (Reuters) -Swiss Re swung to a smaller-than-expected full-year profit in 2021, the reinsurance company said on Friday, marking a partial rebound from the coronavirus pandemic despite big
Britain eyes shake-up in financial data market
By Huw Jones LONDON (Reuters) -Britain signalled a shake-up in the availability and price of financial market data on Tuesday due to concerns over "limited competition" for benchmarks, indices and
Swiss wealth manager Julius Baer says client activity still slowing
By John Revill ZURICH (Reuters) - Shares of Swiss private bank Julius Baer dropped nearly 5% in early trading on Monday after it said client activity had continued to slow during the year.
Cathie Wood’s ARK Innovation fund falls near 15-month low ahead of Fed
By David Randall NEW YORK (Reuters) - Star stock picker Cathie Wood's ARK Innovation ETF tumbled near a 15-month low Wednesday, leaving the best-performing U.S. equity fund of 2020 down nearly 30% for
Generali shareholders Caltagirone, Del Vecchio to present CEO candidate in Feb – source
MILAN (Reuters) - Generali shareholders Francesco Gaetano Caltagirone and Leonardo Del Vecchio are set to present an alternative CEO candidate and a new business plan for Europe's third-largest
China set to keep lending benchmark steady as policymakers eye property risks
SHANGHAI (Reuters) - China is set to keep its benchmark lending rate steady at its monthly fixing on Monday, a Reuters survey showed, as policymakers seek to limit risk taking in the property sector.
Column-‘Japanification’ still lurks behind hawkish Fed frenzy: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) - Remember 'Japanification'?
Investor Griffin buys rare copy of U.S. Constitution for $43.2 million at Sotheby’s auction
NEW YORK (Reuters) - Billionaire investor Kenneth Griffin outbid on online cryptocurrency group to buy a first-edition copy of the U.S.
Fund wants Guess founders off board amid sexual misconduct allegations – source
BOSTON (Reuters) - An activist investment firm wants Guess?