George Osborne, the U.K.’s Chancellor of the Exchequer, has pledged further tax cuts to the country’s businesses - but with conditions attached.» Read More
China Re received commitments worth $1.12B from cornerstone investors as the country's biggest reinsurer launched its IPO in Hong Kong.
Credit Suisse's new chief, Tidjane Thiam, is set to launch a substantial capital raising as part of his strategic plan, the FT reports.
European markets suffered a tumultuous day on Friday, after the Federal Reserve's decision to hold interest rates fanned investor worries.
Barry Stowe, CEO for Asia at Prudential, says Hong Kong and Southeast Asia are the insurer's "sweet spots" and explains why Prudential doesn't need a enormous marketing budget.
Barry Stowe, CEO for Asia at Prudential, says the insurer focuses on businesses that are less interest rate sensitive so as to mitigate macro economic risks.
European equities closed mostly higher on Wednesday as investors reacted to a slew of earnings reports and data, as the euro rallied against the dollar.
Prudential has released its Q1 results. Tidjane Thiam, outgoing CEO of Prudential, says that its first quarter numbers are very good and discusses the positive performance in Asia.
Tidjane Thiam, outgoing CEO of Prudential, says that he's very pleased to pass the bat onto the incoming CEO of Prudential, Mike Wells, who he says will be a remarkable leader.
Tidjane Thiam, outgoing CEO of Prudential, talks about the U.K. in terms of business prospects and the political cycle.
Are we getting to a stage where politicians and bank regulators are confident to trust insurance and banking businesses? Tidjane Thiam, outgoing CEO of Prudential, weighs in.
British insurer Prudential has appointed Mike Wells, head of its U.S. business,as its new chief executive to replace Tidjane Thiam.
British regulators have challenged their US peers over their reluctance to subject Warren Buffett's Berkshire Hathaway to tougher scrutiny. The Financial Times reports.
Narendra Modi last month passed legislation allowing foreign players to increase their stakes in local joint ventures. The Financial Times reports.
Noble Group's 30 percent share-slump over the past month has made it attractive to Asian companies that want a bigger slice in global commodities trading.
Asian equities were lower across the board on Wednesday, pressured by a plunge on Wall Street overnight and as a string of China data fell short of expectations.
U.S. stocks closed more than 1.5 percent lower at one-month lows, pressured by a surge in the dollar and some weakness in oil.
The outgoing Credit Suisse chief executive told CNBC that the decision to leave the Swiss bank was reached mutually, adding that he had "accomplished quite a lot."
Europe closed sharply down on Tuesday, as the sell-off in US stocks gained momentum, with investors spooked by oil price weakness and dollar strength.
Brady Dougan, outgoing CEO of Credit Suisse, says that the decision to leave the Swiss bank was jointly decided with the board, and that a high priority for him was to make sure there was a smooth transition with his departure.
Brady Dougan, outgoing CEO of Credit Suisse, says it's "an unusual time for the markets," which will continue for some time.