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LONDON (Reuters) - Caledonia Investments has given prospective buyers until the end of the month to table indicative offers for wealth manager 7IM, two people familiar with the matter told Reuters, in the latest chapter of consolidation in Britain's money management industry.
One of the world's top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure to natural disasters like hurricanes, according to three people familiar with the...
By David French and Pablo Mayo Cerqueiro NEW YORK/LONDON (Reuters) - One of the world's top insurers is mulling offloading its property reinsurance bu...
Raiffeisen Bank International is delaying plans to leave Russia, three people familiar with its position said, as Austria steps up its defence of long-standing ties with Moscow. ...
Raiffeisen Bank International is delaying plans to leave Russia, three people familiar with its position said, as Austria steps up its defence of long-standing ties with Moscow. Raiffeisen (RBI), the largest of the Western banks in Russia, had intended to spin off its Russian business, which provides a payments lifeline to hundreds of companies there, by September after coming under pressure from European regulators. Austria and RBI, which is also at the centre of a U.S. inquiry over its Russian links, are resisting this in the hope that the war in Ukraine will end soon, the people told Reut...