Global Economy
Trump Administration Lays Out Proposed Overhaul of Bank Rules
The Trump administration laid out its highly anticipated plan for overhauling bank rules, calling on the government to ease, though not eliminate, many of the strictures that were imposed on Wall ...
China’s Anbang Insurance Says Chairman Can’t Perform Duties; Reportedly Detained for Questioning
Anbang Insurance Group Co., the Chinese company that was at the forefront of a global acquisition spree before abruptly reversing course, said Chairman Wu Xiaohui is unable to perform his duties for ...
London Mom Sues AIG in Maternity Leave Lawsuit
American International Group Inc. said it was not "unwelcoming to working mothers" as the insurer fought a discrimination lawsuit filed by a former London trader dismissed while on maternity leave. ...
EXCLUSIVE: Hamilton Insurance Chief Strategy Officer Deutsch to Depart; Helped Build U.S., Lloyd’s Operations
Bob Deutsch, Hamilton Insurance Group's first-ever chief strategy officer, is leaving his position. Deutsch's planned departure after three years on the job is connected largely to several corporate ...
Electric Grid Faces New Potential Cyber Attack Threat
Two cyber security companies said they have uncovered a sophisticated piece of malicious software capable of causing power outages by ordering industrial computers to shut down electricity ...
Executives On The Move at Argo Group and Swiss Re
An ex-Chubb executive is now with Argo Group International Holdings Ltd., slated to lead its Latin America business. Swiss Re Corporate Solutions appointed an executive to lead its new office in ...
Charity Auction Lunch With Buffett Is a Bargain Compared to Last Year
A bidder pledged $2.68 million to a San Francisco charity in exchange for a lunch date with billionaire investor Warren Buffett. The winner of the online auction that concluded Friday on eBay Inc.'s ...
Autonomous Cargo Ships May Be Coming. What Are the Risks?
BHP Billiton Ltd., the world's biggest mining company, is studying the introduction of giant, automated cargo ships to carry everything from iron ore to coal as part of a strategic shift that may ...