CEO / Chief Executive
U.S. Financial Regulators Review Unnamed Firm’s ‘Too Big to Fail’ Designation
The Financial Stability Oversight Council, made up of all major U.S. financial regulators, met late on Thursday afternoon and reviewed its designation of a nonbank firm as "too big to fail," ...
Generali Reportedly Ramping up Plans to Sell Dutch Business
Italy's biggest insurer Generali has hired BNP Paribas to sell its Dutch business as part of a plan to cut costs in weaker markets and boost profits, sources told Reuters. Generali, which generates ...
Pinpoint Synergies to Make a Good M&A Deal Great
Making sure large M&A deals create value is as much about knowing who to involve—and when—as it is about knowing how to capture synergies. While keeping your deal team small ensures ...
AmTrust Gets A.M. Best Outlook Dropped to Negative Over Annual Report Delay
AmTrust Financial Services's disclosure of a filing delay for its annual report due to an internal audit drew a quick, negative reaction from A.M. Best. The ratings agency revised its outlook to ...
QBE CEO’s Relationship With Assistant Distracts From Stellar Financial Results
Although Australia's QBE reported its best underwriting results in six years, Group CEO John Neal was forced to field a barrage of questions during a media briefing about why the board decided to ...
Report: AIG Explores Penalizing or Booting CEO Hancock Over Turnaround Setback
American International Group Inc's directors are discussing whether to penalize or oust Chief Executive Peter Hancock over a major setback in the insurance firm's turnaround plan, the Wall Street ...
Brexit Aftermath: UK-Regulated Ship Insurers Eye Luxembourg, Cyprus Outposts
U.K.-regulated ship insurers are preparing plans to open new outposts in European Union jurisdictions such as Luxembourg and Cyprus, fearing that Brexit will hinder access to the EU's financial ...
Buybacks Not ‘Un-American,’ But Accounting ‘Adjustments’ Cringeworthy, Buffett Says
Billionaire investor Warren Buffett on Saturday attacked what he saw as tricks used by U.S. companies to boost earnings and stock prices, but he defended one oft-criticized practice: share buybacks. ...