News
China Moves to Curb Money Laundering; Banks Must Rate ‘Dirty’ Clients
Chinese banks must rate their clients' risk of criminal conduct on a scale of 1-5 as part of the central bank's moves to curb money laundering and fraudulent transactions estimated at hundreds of ...PartnerRe Announces More Internal Restructuring; 140 Positions Cut
On Wednesday, PartnerRe Ltd. announced the restructuring of its business support operations into a single integrated worldwide support platform. The reinsurer said the new organizational structure ...
The answer to an underwriting or claims question may already be in the file. Getting to it can mean opening...
Momentum Building for Letting Japan Join Trans-Pacific Trade Talks
Eleven countries negotiating a proposed free trade agreement in the Asia-Pacific appear to be on the verge of formally inviting Japan into the talks, diplomatic and industry sources said on Thursday. ...
U.S., UK Favor Including Financial Services in EU Trade Pact
The United States and the UK aim to include financial services in a proposed free-trade agreement between Washington and the 27-nation European Union, the British ambassador to the United States said ...
Twitter Tool Digs into Tweets to Display Relevant Ads
Twitter Inc. on Wednesday unveiled a new tool that allows marketers to disseminate targeted messages based on the content of users' tweets, a technology that could help elevate Twitter's ...
House Passes Cybersecurity Bill Over Veto Threat
The House of Representatives passed legislation on Thursday designed to help companies and the government share information on cyber threats, though concerns linger about the amount of protection the ...BofA CEO Moynihan, Ex-CEO Lewis Face Mortgage Disclosures Lawsuit
A federal judge has revived a securities fraud lawsuit accusing Bank of America Corp. Chief Executive Brian Moynihan, his predecessor Kenneth Lewis, and others of misleading shareholders about the ...
Harvard Economists Acknowledge Errors in Austerity Research Paper
Two eminent Harvard economists on Wednesday acknowledged errors in a study that has been cited by policymakers around the world as justification for government austerity campaigns, but said the ...