Allianz News
Allianz Fund Managers Under U.S. DOJ Investigation
The U.S. Department of Justice (DOJ) investigation into German insurer Allianz is looking at possible misconduct by fund managers and misrepresentation of risk to investors, three people with ...
Allianz Investment Funds Under Investigation in Germany
German regulators have launched an investigation into the country's biggest financial company, Allianz, after the demise of some of its U.S. investment funds last year, people with direct knowledge ...
Allianz CEO Baete Recaps ‘Horrible Week’ Regarding U.S. DOJ Fund Division Probe
Oliver Baete, chief executive officer of Germany's Allianz, on Friday spoke of a "horrible week" for him and the insurer, his first response to a disclosure that the U.S. Department of Justice was ...
Future Earnings Could Be Hurt by U.S. Probes of Investment Funds, Allianz Says
Allianz SE said earnings could be materially hurt by a U.S. Justice Department investigation into its Structured Alpha Funds, which are at the center of lawsuits after they incurred steep losses at ...
Allianz Investment Arm Plans to Slash Investment in Some Coal Businesses
Allianz Global Investors plans to curtail investments in certain coal businesses by the end of the year. The 598 billion-euro ($707 billion) investment manager said in a statement Thursday that ...
Allianz, UBS, Generali, DWS Submit Bids for NN Group’s Asset Manager
DWS Group and Assicurazioni Generali SpA are among suitors that submitted initial bids for the asset management arm of NN Group NV, people familiar with the matter said. The unit, known as NN ...
Ex-Allianz CFO Wemmer Is Launching a SPAC to Target Insurance Deals
Dieter Wemmer, a veteran insurance executive who was chief financial officer at Allianz SE, is launching a blank-check company to target deals in the sector where he worked for more than three ...
After Chubb’s Failed Hartford Try, Allianz Now Mulling Possible Counteroffer
Chubb Ltd.'s $23 billion takeover offer for Hartford Financial Services Group Inc. has prompted Germany's Allianz SE to study the feasibility of a counteroffer, according to people familiar with the ...