Securities Regulation
Buffett’s Berkshire Hathway Exits Remaining Travelers Stake, Slashes Goldman Sachs Investment
Warren Buffett's Berkshire Hathaway Inc said on Friday it has sold much of its stake in Goldman Sachs Group Inc, despite the billionaire's assurance that the banking sector was not a "primary worry" ...
AIG Shareholders Back Executive Pay Package Changes
Shareholders of American International Group Inc strengthened their support for the U.S. insurance company's executive compensation plan after the board made changes to its pay packages, according to ...
Arch Capital Acquires Minority Stake in Trade Credit Insurer Coface
Arch Capital Group Ltd. has purchased a minority stake in Coface, a trade credit insurer based in France. The transaction involves the acquisition of a 29.5 percent stake. Arch will pay €10.70 per ...
Key Allianz Insurance Unit Slumps, but PIMCO Arm Excels
Allianz SE, the German insurer that owns bond manager Pacific Investment Management Co., relied on inflows at the asset management unit to offset lower earnings at its property and casualty business. ...
Insurance Linked Securities in 2019: Asking the Right Questions
The record losses we saw in 2017 and 2018 were felt heavily by the insurance industry, and there is no denying that two years of losses have affected investor sentiment. While such a statement is ...
Proposed U.S. Regulation Would Discourage Large Banks From Investing in Competitors’ Debt
U.S. bank regulators proposed a rule on Tuesday that would discourage large banks from heavily investing in debt issued by other large banks by requiring them to hold additional capital against such ...
Indiana University Research Reveals Problems of Fewer Financial Reports
President Donald Trump on Friday indicated that he has asked the Securities and Exchange Commission to review changing its reporting requirements, away from quarterly reports to semi-annual reports. ...
No Insider Trades Before Cyber Breach Disclosure, SEC Says In New Guidance
The U.S. Securities and Exchange Commission on Wednesday updated guidance to public companies on how and when they should disclose cyber security risks and breaches, including potential weaknesses ...