Allianz Global Investors Scraps Nuclear, Military Exclusions to Back Europe Rearmament April 1, 2025 By Iain Withers Germany’s Allianz Global Investors has dropped two exclusions blocking its sustainable funds from investing in defense, becoming one of the...
Britain’s L&G Sells US Protection Unit to Japanese Insurer for $2.3 Billion February 7, 2025 By Amy-Jo Crowley, Iain Withers and Yadarisa Shabong Legal & General said on Friday it would sell its U.S. protection business to Japan’s Meiji Yasuda for $2.3 billion...
Goldman Sachs’ Fund Division to Leave Climate Investor Group August 13, 2024 By Iain Withers and Simon Jessop Goldman Sachs’ fund division is to leave investor engagement group Climate Action 100+, joining other financial services companies which have...
Aviva Agrees to Acquire AIG’s UK Protection Business for $563 Million September 25, 2023 By Iain Withers Aviva said on Monday it had agreed to buy the UK life insurance business of AIG for 460 million pounds...
Update: Activist Investor Cevian Sells Entire Stake in UK Insurer Aviva May 24, 2023 By Iain Withers Activist investor Cevian Capital has sold down its entire stake in British insurer Aviva, ending its campaign to drive up...
Investors Aviva, M&G Urge Britain to Press Ahead With Financial Reforms March 9, 2023 By Iain Withers and Sinchita Mitra Investors Aviva and M&G on Thursday joined calls for Britain to press ahead with financial reforms and give high-growth sectors...
Banks Still Need to Learn Lessons from 2022 Crises: BoE January 10, 2023 By Iain Withers Banks still need to improve their risk management and learn the lessons from various crises that rocked markets in 2022,...
Britain’s Financial Services Execs Hope Sunak Can Steady the Ship After Market Chaos October 26, 2022 By Iain Withers, Lawrence White and Huw Jones After seven weeks in which Britain’s reputation for financial credibility has been rocked by political missteps, senior finance executives have...
Europe’s Banks, Insurers Prepare for Potential Winter Power Cuts, Energy Rationing September 7, 2022 By Sinead Cruise and Iain Withers Some of Europe’s biggest banks are preparing back-up generators and to dim the lights as they brace for potential power...
UK Gender Pay Gap Widens for Insurers, While Banks Make a Slight Dent October 5, 2021 By Carolyn Cohn and Iain Withers Major banks in Britain made a slight dent in their gender pay gaps last year, according to a Reuters analysis,...