Government
Scor CEO Warns Insurers Face ‘Huge Cost’ From Quantitative Easing
The European Central Bank's bond-buying plan may not help the region's economic recovery while it makes the investment decisions harder for insurers and reinsurers, Scor SE Chief Executive Officer ...
Expect U.S. Crop Insurance Floor Prices to Drop in 2015
Crop insurance price guarantees for U.S. corn, soybeans and spring wheat in 2015 will fall 10 percent or more based on futures settlement prices for February, grain analysts said on Friday. The U.S. ...
Regulatory Vetting Prompts One-in-10 to Decline Financial Leader Jobs in U.K.
More than one in 10 people picked for the top jobs in British finance pull out during a regulatory vetting process which has got tougher since the financial crisis. People put forward for chief ...
Sen. Warren: Dodd-Frank Changes That Help Small Banks and Consumers May Work
U.S. Senator Elizabeth Warren said she is open to easing financial regulations to help community banks and consumers, so long as the changes aren't veiled efforts to help Wall Street unwind the ...
Banking Cyber Theft Ring Targeted Millions of PCs in Asia and the U.S.
A cybercrime operation that stole banking information by hacking more than 3 million computers in Indonesia, India and other countries has been disrupted by European police with assistance from three ...
FBI Closes In on Anthem Data Hackers
The FBI said it's close to finding the hackers responsible for the attack on health-insurance company Anthem Inc. that exposed personal data on about 80 million customers. Federal Bureau of ...
Goldman Sachs Risks Federal Lawsuit Over Mortgage-Backed Securities
Goldman Sachs Group Inc said it could face a federal civil lawsuit after a government probe concluded that the bank had violated laws related to sale of residential mortgage-backed securities before ...
Large Product Liability Awards Made Comeback in 2014
Huge jury verdicts against companies over fatal flaws in their products made a comeback last year, which may foretell more bad news for carmakers with defective parts. Absent for a decade, ...