Sandy Weill News

Weill, Former Citigroup Chief, Named Chairman of Cohen’s Former Reinsurer

Sanford “Sandy” Weill, the former head of Citigroup Inc., was named chairman of the board at Hamilton Insurance Group Ltd., which runs the reinsurer that hedge fund manager Steven A. Cohen exited. “Sandy Weill is an icon in the financial …

Bipartisan Senate Megabank Bill Would Split Banking from Insurance, Other Risks

A small bipartisan group of U.S. senators on Thursday introduced legislation that would break up Wall Street’s megabanks by separating traditional banking activity from riskier financial services. The bill, called the 21st Century Glass-Steagall Act, has an uncertain future, but …