Markets
Report: Used-Car Dealers Focus of Loan Fraud Investigation
U.S. federal and state authorities are investigating used-car dealerships to examine if they are inflating borrowers' income or falsifying employment information on loan applications to ensure that ...
MBIA Lures Barclays Exec to Lead Muni-Bond Insurance Arm
MBIA Inc. hired Tom Weyl from Barclays Plc to head efforts to win business at its municipal- bond insurance unit. Weyl will start by year-end as managing director and head of new business development ...
Allianz Makes More Management Changes
Allianz SE is continuing to revamp its executive roster. The same day that it announced its CEO will step down next year, the company disclosed more staff shuffling. Allianz Global Corporate & ...
Allianz CEO Will Step Down In Wake of PIMCO, Fireman’s Fund Challenges
Allianz SE said Chief Executive Officer Michael Diekmann will step down next year and named board member Oliver Baete to succeed him as it grapples with upheaval at Pacific Investment Management Co. ...
U.S. Regulator Issues Caution Over Bond Market ‘Bubble’
The U.S. bond market may be teetering on the brink of a "liquidity cliff" and appears to be an asset "bubble" that could burst once interest rates start to rise again, a top U.S. securities regulator ...
No New Property-Cat Bonds in Q3: Verisk
There wasn't a single new property-catastrophe bond issued in the 2014 third quarter, the first time that's happened this time of year in at least a decade, Verisk Insurance Solutions asserts in its ...
Following the Science on Fracking, the Environment and Human Health
Hydraulic fracturing (fracking) combined with horizontal drilling has unleashed a huge oil and gas boom in the United States and redrawn the world energy map. But could this new technology result in ...