Allianz
Allianz posts €2bn profit
Allianz’s asset-management division — which houses Pimco — posted a 13% fall in operating profit, but recorded net inflows of €14.9bn
Allianz subsidiary takes $6bn hit after pleading guilty to securities fraud
Justice Department says fraud scheme led to billions of dollars in losses
1 min read
AllianzGI plans tough stance against EU firms that fail to link exec pay to ESG
AllianzGI expects European large-cap companies to include ESG-related key performance indicators for executive remuneration decisions
3 min read
Allianz fund manager on tech rout and why being underweight FAANGs ‘hurt us’
Michael Seidenberg, a portfolio manager with the £1.5bn Allianz Global Technology Trust, says investors should look to companies with strong balance sheets
5 min read
Allianz’s Jacqueline Hunt to step down
She will be succeeded by Andreas Wimmer, chief executive of Allianz’s life insurance business in Germany
2 min read
AllianzGI hires Maisonneuve as global equities CIO
Maisonneuve will succeed Steve Berexa who is set to retire at the end of 2021
2 min read
Shareholders gear up for showdowns over exec pay: ‘We will be voting against excessive compensation’
This year’s AGM season will be the first where shareholders can evaluate how boards have responded to the Covid crisis
4 min read
Allianz’s El-Erian: I am ‘certainly not’ a billionaire — there are more important things than wealth
El-Erian reminded radio listeners that he stepped down from Pimco after realising how much family life he was missing
5 min read
Allianz buys three West End buildings from British Land in £401m deal
The three office buildings offer more than 300,000 sq ft in prestigious Marylebone
2 min read
El-Erian: Global economy at risk of repeating mistakes of the 2008 financial crisis
Avoiding policy errors of the 2008 economic meltdown should be a top priority
The real test of Europe’s banks will come in the autumn
Lenders face a rough second half as governments unwind measures that cushioned the initial blow of the coronavirus crisis
Which finance firms are reopening their offices and when?
With the City slowly coming out of hibernation after lockdown, the big finance firms announce what they are planning
Insurers brace for further pain as coronavirus claims pile up
Profits are taking a hit, raising the prospect of consolidation within the industry
3 min read
Profit down by a third at Allianz
In the asset-management division, which includes US fund manager Pacific Investment Management Company, operating profit rose 19%
1 min read
Overstretched boards an ‘even bigger problem’ in crisis, shareholders warn
Even before the pandemic, shareholders warned against ‘overboarding’, where directors take on more responsibilities than they can manage
3 min read
Allianz withdraws 2020 profit target
Insurer expects a steep decline in net income during the first quarter
1 min read
El-Erian warns global economy risks ‘stumbling into depression’
Renowned Allianz economist tells FN there will be a swing in corporate focus from efficiency to resilience
3 min read