Australia’s Prudential Watchdog Targets Longest-Serving Board Directors March 6, 2025 By Nasteho Said Australia’s prudential regulator has long-serving board directors in its sights with a proposal to limit their terms to 10 years....
Which Companies Are Pulling Back on Diversity Initiatives? February 14, 2025 A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much...
Billionaire Generali Investor Weighs Candidates to Challenge CEO Donnet February 6, 2025 By Gianluca Semeraro and Elvira Pollina One of Generali’s biggest investors is considering challenging the reappointment of longstanding CEO Philippe Donnet in May and is weighing...
Yodel Lawsuit Exposes Strains in UK’s Troubled Parcel Industry January 13, 2025 A van delivery entrepreneur whose startup was dubbed the Uber of the moving business was accused of asset-stripping and misappropriating...
Ex-Allianz Fund Manager Avoids Jail Over $3 Billion Collapse December 9, 2024 By Bob Van Voris A former Allianz SE hedge-fund manager avoided prison and will instead spend 18 months in home confinement for fraudulently inflating...
FCA Says Ex-Barclays CEO Staley Misled it Over Epstein Contacts During Probe November 19, 2024 Ex-Barclays CEO Jes Staley gave misleading answers to Britain’s Financial Conduct Authority about his dealings with Jeffrey Epstein when it...
Southern Water’s Credit Risk at Record High Amid Thames Water Woes October 1, 2024 By Laura Benitez and Giulia Morpurgo Southern Water’s credit risk has soared to a record high in recent days as hedge funds scramble to protect themselves...
D&O Market in ‘State of Transition’ on Litigation Trends: Woodruff Sawyer September 16, 2024 By Chad Hemenway It looks like the market for directors and officers insurance is shifting, according to Woodruff Sawyer, with the number of...
WTW: US Commercial Insurance Price Increases in Q1 ‘Steady’ at 6.3% June 11, 2024 Broker WTW said commercial lines insurance increased overall by an average of 6.3% during the first quarter. Quarterly price increases...
Standard Chartered Faces £1.5 Billion UK Claim in Iran Sanction Case April 24, 2024 By Upmanyu Trivedi Standard Chartered Plc is facing about £1.5 billion ($1.9 billion) worth of investor claims at a London trial over allegations...