Greensill Capital Still Has $9.3B to Pay on Its Notes After Its Collapse a Year Ago April 8, 2022 By Lucca de Paoli Greensill Capital collapsed more than a year ago, but $9.3 billion of assets sold to investors as notes are yet...
Qatar Airways Says It Wasn’t Obliged to Accept Deliveries of Flawed Jets From Airbus April 8, 2022 By Charlotte Ryan Qatar Airways said it wasn’t obliged to accept deliveries of Airbus SE A350 jetliners until an issue with surface paint...
Trudeau Hits Canadian Insurers and Banks With Billions in Extra Taxes April 8, 2022 By Derek Decloet and Kevin Orland Finance Minister Chrystia Freeland is imposing a one-time windfall levy on Canada’s major banks and permanently increasing their income tax...
Australia Should Force Firms to Report Human Rights Abuses in Anti-Slavery Law: Analyst April 8, 2022 By Matthew Burgess Australia should force companies to report potential human rights abuses as part of a review of its modern slavery disclosure...
Aircraft Lessors Seeing ‘Horrendous’ Hikes in Insurance Premiums: BOC Aviation April 7, 2022 By Padraic Halpin The likely huge insurance claims related to the cancellation of aircraft leases in Russia is already leading to “horrendous” hikes...
People Moves: WTW Names Aon’s Day as Head of Int’l Property; TMK Hires Spyropoulos From Lloyd’s as Asia Regional MD; HDI Global Mexico Makes Management Changes April 7, 2022 This edition of International People Moves details appointments at Willis Towers Watson (WTW), Tokio Marine Kiln (TMK), and HDI Global....
Airbus, Qatar Airways’ Dispute Over Billions of Dollars of Jets Enters UK Court April 7, 2022 By Tim Hepher Airbus and Qatar Airways are set to face each other in court as a dispute over billions of dollars of...
HDFC Bank’s $40B Bid to Buy Shareholder May Face India Reg Hurdles on Insurance Ops April 7, 2022 India’s largest private lender HDFC Bank’s $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the...
Russia Credit Insurance Signals Record 99% Chance of Default Within Year April 7, 2022 By Laura Benitez The cost of insuring Russia’s government debt surged to signal a record 99% chance of default within the year after...
Rebel Generali Investor Could Mount Legal Challenge if Bid to Remake Board Fails April 7, 2022 By Carolyn Cohn, Pamela Barbaglia and Valentina Za A rebel investor in Generali could mount a legal challenge if his bid to appoint new top executives at Italy’s...