banking
China backs insurer Ping An’s acquisition plan
Chinese regulators have approved a plan by Shenzhen-based powerhouse Ping An Insurance to buy a stake in Shenzhen Development Bank from US private equity...
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...
Obama aide puts moral case to health insurers
Barack Obama's top health official made a tough moral case to insurance giants Wednesday: put people and patriotism before profits and drop opposition to...
British supermarket Tesco to create 1,000 jobs
Britain's biggest retailer Tesco said Wednesday that it will create 1,000 jobs at a new customer services centre for its banking division in Newcastle,...
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