Allianz-led consortium to close $3.8 billion Viridium takeover next week, sources say
An Allianz-led consortium is close to winning a bid for Germany's largest life insurance administrator Viridium, being sold by financial investor Cinven in a 3.5
An Allianz-led consortium is close to winning a bid for Germany's largest life insurance administrator Viridium, being sold by financial investor Cinven in a 3.5
Deutsche Bank on Thursday labelled the auto sector as a key risk, a bleak warning from Germany's largest lender as the nation lines up big
Puma on Wednesday announced job cuts and warned of uncertain U.S. consumer demand as the German sportswear group's shares slumped 23% in the wake of
By Tom Sims and Alexander Hübner FRANKFURT - Germany's Munich Re expects about 1.2 billion euros ($1.26 billion) in claims resulting from the Los Angeles wildfires, it said on Wednesday, representing
Munich is starting to steal some of German financial hub Frankfurt's limelight as foreign banks flock to the southern city, which on a
Puma expects a weak first half of the year in a challenging market, the German sportswear brand said on Tuesday, but its shares rose slightly as it stuck
Siemens AG will likely transfer its remaining 17.1% stake in Siemens Energy to the group's pension fund to avoid diluting the value of the company's shares via a
Germany has fined Citigroup nearly 13 million euros ($13.94 million) for lapses in its trading system controls, the nation's bank regulator said
Earthquakes in Turkey and Syria, storms in the United States and other natural disasters caused an estimated $95 billion in insured losses in 2023,
Varta stock plunged as much as 80% to a record low on Monday after the German battery maker said restructuring options to avert insolvency,
Insurers face millions of dollars in claims after a foiled attack forced three Taylor Swift concerts in Austria to be
Rheinmetall will take over U.S. military vehicle supplier Loc Performance in a $950 million deal, the German defence group said, with
The owners of the World Rally Championship's commercial arm are exploring options including a possible sale of the business, seeking to bring
Deutsche Bank has more work to do to overcome its Postbank troubles even after announcing settlements with more than half the plaintiffs who had
Germany's DZ Bank has turned more pessimistic about the chances of consumers repaying their debts amid rising rents and living costs, and as the
Allianz is weighing options for its Allianz Global Investors unit, including a possible merger or partial
Hurricanes, storms, floods and other natural disasters caused an estimated $140 billion in insured losses in 2024, up from 2023 and one of the
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