 | | | | Standard Chartered is parting ways with three senior Asia-focused bankers and possibly with some mid- and junior-level bankers, as the British lender moves ahead on a plan to cut costs and revamp its industry coverage, two sources said. | | | | | | An Australian life insurer paid a private investigator who covertly filmed a mentally-ill woman eating breakfast, holding hands with her partner and undressing at a swimming pool in a bid to find evidence to avoid paying her claim, an inquiry into finance sector misconduct heard on Thursday. | | | | | | Investment firm iM Global Partner bought a stake in Dynamic Beta investments, a U.S. firm that tries to duplicate large hedge funds' strategies but for far lower fees. | | | | | | Both approaches have advocates when it comes to a critical retirement security goal: getting more workers at small businesses to save for retirement. | | | | | | U.S. mutual-fund investors sprinted out of domestic stocks at the fastest pace in nine weeks as trade talks seemed to deteriorate and social media executives were grilled by lawmakers, Investment Company Institute (ICI) data showed on Wednesday. | | | | | | The insurance arm of Commonwealth Bank of Australia rejected a trauma payout to a customer using outdated criterion that found his heart attack was not severe enough, a powerful public inquiry into the financial sector heard on Wednesday. | | | | | | The trade battles being pursued by U.S. President Donald Trump's administration are likely to lead to fairer but still free global trade, said Mohamed El-Erian, chief economic advisor at the Allianz Group, Europe's largest insurer. | | | | | | British investor Martin Taylor, who closed his $1.5 billion hedge fund Nevsky Capital and retired at 46, plans to get back in the market with a fresh perspective and a new firm. | | | | | | Diane Han is trying to leave the Las Vegas of her childhood behind. | | | | | | One of the world's largest bakery companies, Aryzta, has agreed an underwriting deal with five banks, setting the stage for raising 800 million euros ($928.48 million) in new capital to strengthen its balance sheet. | | | | | |
