European governments are acting to limit hedge funds’ participation in the market for new sovereign-bond issuance, following a surge in demand from the firms.
Banks and other financial institutions are working to release large loan reserves under an accounting rule that complicates the task of calculating them.
JPMorgan Chase created a new chief information officer position that is focused on building and improving technology used by its internal workforce, and promoted a technologist to fill the role.
The results mark a turnaround for the insurer’s property-and-casualty unit, which had delivered poor results for years.
Ant Group, which has pledged to get all its financial services fully regulated, is exploring ways to revamp its popular “mutual-aid” product.
GoDaddy recruited a partner of a Big Four accounting firm as its new chief financial officer. PwC’s Mark McCaffrey will join the web-hosting company on June 2.
The Covid-19 pandemic’s impact on the insurance industry hasn’t been as bad as feared.?
JPMorgan Chase Chief Executive Jamie Dimon believes a boom is coming in the American economy but warned that the government could waste it away if ambitious spending plans aren’t held accountable.
A financial adviser offers his suggestions on how they can swing it.
The regulator claims the sportswear brand failed to tell investors that it pulled forward orders to meet quarterly targets.
The choice of Mr. Abel to eventually lead Berkshire Hathaway answers a question that had hovered over the firm for decades.
Blue Cross Blue Shield Association implements a key aspect of an antitrust settlement the companies reached last year.
Regulators tell the companies that the bundling of several financial services within a single platform obscured how much money was flowing into the various products, creating risks for the broader financial system.
Party unity is at a premium as leaders craft sprawling infrastructure and antipoverty legislation.
In a bankruptcy filing in Dallas, the NRA opposed ex-CFO Wilson Phillips’s request for insurance to help defray the cost of defending himself in a pending action in New York.
Florida lawmakers are pushing legislation aimed at curbing rising property-insurance rates that are delivering sticker shock to some of the home buyers flocking to the state during the pandemic.
Filed by a coalition of law firms representing sex-abuse victims, Thursday’s court papers suggest escalating tensions in the Boy Scouts bankruptcy case, where the youth group, its insurers and the nearly 84,000 men who stepped forward seeking compensation haven’t reached settlement terms.
Democratic leaders have said they expect to lower prescription-drug prices for seniors and shore up the Affordable Care Act, but the White House is hesitating, Democratic aides say.
Hartford CEO Christopher Swift said each of Chubb’s proposals has been evaluated and unanimously rejected by the insurer’s board.
SNC-Lavalin Group Inc. said Tuesday the World Bank Group has granted an early lifting of all sanctions imposed in 2013 against the Canadian engineering company.