Zurich Insurance Group (Zurich) subsidiary Farmers Group, Inc. (FGI) has agreed to acquire MetLife’s property and casualty (P&C) business in the U.S.
Swiss banking giant Credit Suisse and the Qatar Investment Authority (QIA) announced on Sep.17 that QIA will partner with Credit Suisse Asset Management to form a multibillion dollar direct private credit platform that will provide financing primarily in the form of secur
Amsterdam-based ABN AMRO Bank NV announced on Wednesday (Aug.12) that its trade and commodity finance activities will be “discontinued completely,” as it reported the net loss for the second quarter was €5 million.
Germany's constitutional court on Tuesday (May 5), handed a three-month ultimatum to the European Central Bank (ECB) to justify its stimulus scheme.
Most CEOs say global growth will slow in 2020, with 53% predicting a decline, according to PwC's 23rd CEO Global Survey launched on Monday (Jan. 20) at the World Economic Forum Annual Meeting in Davos, Switzerland.
Chicago-based Cboe Global Markets announced on Tuesday (Dec.10) it will acquire Amsterdam's EuroCCP, the biggest pan-European equities clearing house.
Switzerland’s independent financial-markets regulator FINMA has recognised as a new minimum standard rules proposed by the banking sector governing mortgage loans for i
Germany's GDP contracted by 0.1% in the second quarter-decelerating from a 0.4% rise in the first quarter- a second negative result in a year, data from Destatis, the Federal Statistical Office showed Wednesday, spurring fears of a recession in the world's fourth largest
London-based Barclays is planning to take some of Deutsche Bank’s prime brokerage clients with $20 billion worth of balances, according to media reports.
Voters in Switzerland approved on Sunday (May 19) an overhaul of the corporate tax code, ensuring the Alpine country remains an attractive low tax domicile for global companies while still being compliant with international rules.