China Allows Allianz to Launch Onshore Fund Management Company August 24, 2023 China’s securities regulator on Thursday granted approval to Allianz Global Investors (Allianz GI) to set up an onshore fund management...
People Moves: Dyer Appointed Chief Risk Officer for Aspen UK; Sompo Int’l Taps Walker From Allianz for Distribution Insurance, APAC; BMS Names Hewitt as Head of Japan August 24, 2023 This edition of International People Moves detail appointments at Aspen Insurance Holdings, Sompo International, and BMS Group. A summary of...
Big Tech Braces for Roll-Out of EU’s Digital Services Act August 24, 2023 By Martin Coulter More than a dozen of the world’s biggest tech companies face unprecedented legal scrutiny, as the European Union’s sweeping Digital...
Japan Begins Releasing Nuclear Wastewater in Process That Could Last 30 Years August 24, 2023 By Shoko Oda Japan started the release of treated wastewater from the Fukushima nuclear site into the Pacific Ocean in a process that...
Athens Wildfires Burn Part of Forest in Mount Parnitha After Destroying Homes August 24, 2023 By Sotiris Nikas and Paul Tugwell A wildfire near the Greek capital burned part of the forest in mount Parnitha, after destroying homes and cars, while...
AstraZeneca Faces 2 London Lawsuits Over COVID-19 Vaccines August 24, 2023 By Sam Tobin AstraZeneca is facing two London lawsuits, including one from the husband of a woman who died after receiving the Anglo-Swedish...
Lapsus$ Hacker Targeted Uber, Revolut, Grand Theft Auto Maker, London Jury Finds August 24, 2023 By Sam Tobin A teenage member of the Lapsus$ hacking group was on Wednesday found by a London jury to have hacked Uber...
AXA’s Asset Management Unit to Cut as Many as 90 Roles in Revamp August 23, 2023 AXA Investment Managers is eliminating as many as 90 roles as the French firm aims to streamline part of the...
China Fines US Firm Mintz $1.5M for ‘Unapproved’ Work, After Raiding its Beijing Office August 23, 2023 By Yew Lun Tian China fined U.S. firm Mintz Group about $1.5 million for doing “unapproved statistical work,” said a Beijing Municipal Bureau of...
Cryptoassets Increase Financial Risks in Developing Economies, Study Says August 23, 2023 Cryptoassets, peddled as the future of finance, have not only failed to deliver on their promise but are themselves adding...