International
London Insurance Tower Probed for Car-Melting Light Beam
The owners of the 37-story tower known as the Walkie Talkie in the City of London financial district are investigating a light beam cast by the building that's so intense it melted parked cars. Land ...
Asia’s Expert Networks for Investors Coming Under U.S. Scrutiny
Expert networks - a matchmaking service linking investors such as hedge funds with company insiders - are under scrutiny from regulators in the United States, but are expanding across Asia, where the ...
Zurich Defends Financial Reporting
Leaders of Zurich Insurance Group defended the quality of its financial reporting on Friday in response to media speculation and analysts' questions linking financial disclosure issues to recent ...
What Is Ackermann’s Executive Legacy Following Zurich Insurance Tragedy?
Josef Ackermann tried to shake up Zurich Insurance Group AG. Now, allegations that he was partly responsible for the suicide of the chief financial officer are casting a shadow over his 35-year-long ...
Ackermann Quit Zurich After Being Named in CFO Wauthier’s Suicide Note
Josef Ackermann's abrupt resignation as chairman of Zurich Insurance Group AG came after Chief Financial Officer Pierre Wauthier mentioned him in his suicide note, the company said. "We were informed ...AIG Plane Unit Pursues IPO Plan as China Transaction Stalls
American International Group Inc. is carrying on with plans for a possible initial public offering of its plane-leasing unit if an agreement to sell the business to Chinese investors collapses. AIG's ...
G20 Regulators Give ‘Shadow Banks’ Until 2015 to Comply with Global Rules
The $60 trillion "shadow banking" sector has been given until 2015 to fully comply with its first set of global rules, after an international regulatory task force unveiled plans to curb risk without ...
Ackermann Exit at Zurich Insurance Leaves Investors with Questions
Josef Ackermann's abrupt resignation as chairman of Zurich Insurance Group AG days after the suspected suicide of its finance chief sent the insurer's shares tumbling and left investors grasping for ...