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German banks, insurers may lend Athens 1 billion euros
Deutsche Bank and insurers Allianz and Munich Re could lend Greece one billion euros (1.3 billion dollars) on the same terms as a EU-IMF...
Bernheim, 85, bitter on leaving Italy’s Generali
French financier Antoine Bernheim, stepping down from the helm of Generali on Saturday, charged he was forced out of the Italian insurance giant by...
Energy insurers heading into deeper waters as oil exploration breaks depth records
Energy insurers will, over the next 10 years, have to deal with drilling and production platforms in ever deeper waters; more complex subsea infrastructure...
IMF proposes global bank tax plans
The International Monetary Fund has proposed two new global taxes on banks and other financial institutions to cover the cost of future bailouts, the...
China’s Huijin to issue 80 billion yuan in bonds
The domestic investment arm of China's sovereign wealth fund has been given the green light to raise 80 billion yuan (11.7 billion dollars) through...
AIG considers action on Goldman
Insurance giant AIG may pursue Goldman Sachs on losses from six billion dollars of insurance deals similar to those that prompted recent SEC fraud...
Goldman Sachs holds up clean hands over AIG
US investment bank Goldman Sachs has refuted allegations that it profited improperly from the state rescue of insurance giant AIG and that it took...
British Retail Consortium (BRC) urges more action on bank lending and credit insurance
A third of small and medium-sized (SME) retailers and almost a fifth of large retailers have experienced a reduction in bank lending in the...
Barclays and CNP agree life insurance joint venture in Spain, Portugal and Italy
Barclays Bank PLC and CNP Assurances SA have agreed to establish a long-term life insurance joint venture in Spain, Portugal and Italy. As part...
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