Allianz Profit Jumps as Insurance Outshines Asset Management
Allianz SE, the German owner of bond giant Pacific Investment Management Co., said its second-quarter profit jumped from
2023-08-10 16:26
European Stocks Lifted by Luxury as China Eases Travel Curbs
European stocks extended gains into a second session, as China’s decision to relax travel curbs offered a lift
2023-08-10 15:58
Allianz Hedge Fund Manager Must Face US Fraud Charges, Judge Rules
A New York judge declined to dismiss charges against Gregoire Tournant, a former Allianz SE hedge fund manager
2023-08-05 01:56
Fitch’s US Downgrade Is Stoking the Very Fight It Warned Against
Washington’s hostile political factions quickly took up Fitch Ratings’ downgrade of US government debt as a new weapon
2023-08-03 03:59
Summers, El-Erian Pile Criticism on Fitch US-Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision
2023-08-02 11:16
Pimco Warms Toward China Bonds on Weak Economy, Monetary Easing
Bearishness among foreign investors toward China’s bonds is easing after last year’s rout, with Pacific Investment Management Co.
2023-07-31 07:49
US Economic Soft Landing Hinges on Fed’s Tolerance of Inflation
Rising hopes of a soft landing for the US economy likely hinge on the Federal Reserve’s willingness to
2023-07-24 04:56
Apollo, Pimco Show Creditors Can Play Nice With Carvana Deal
A pact among Carvana Co. creditors to work together as they negotiated how to restructure the used-car dealer’s
2023-07-20 10:46
Allianz US Unit Ordered to Pay $6 Billion in Securities Fraud Case
A New York judge ordered a unit of Allianz SE to pay about $6 billion as punishment for
2023-07-13 03:55
Net Zero Insurer Group Tweaks Guidelines Amid Republican Attacks
The Net Zero Insurance Alliance, which has been rocked by claims of antitrust violations by US Republicans, is
2023-07-06 03:46
UK Insurance Group Tells Members to Act on Biodiversity Loss
A British insurance group is pushing its members, which include Allianz SE, Aviva Plc and Chubb Ltd., to
2023-07-04 21:00
Allianz Warns Pimco Flows ‘Shaky’ as Investors Assess Rates
Allianz SE Chief Executive Officer Oliver Baete plans to push deeper into alternative asset classes such as real
2023-06-30 15:27