Financial Services

Anbang Insurance‘s opaque deal-making style is now surfacing in Canada, in $744 million takeover agreement signed last week.

The U.S. and its European partners made a fresh appeal Thursday for European banks and businesses to invest in Iran, saying they would do more to encourage legitimate business in the country now that most sanctions are gone.

The German bank expects to see a conclusion to the significant litigation against it this year and put the high legal costs that have hobbled performance in the past year behind the bank, co-chief executive John Cryan said.

The U.S. regulator is keeping up its recent drumbeat criticizing the use of “non-GAAP” financial measures that may make a company’s earnings look stronger than they really are.

One of the biggest impediments to recovery in some Southern European countries is weak insolvency regimes—an area where EU pressure can help, Simon Nixon writes.

Raymond James Financial Inc. agreed to pay $17 million for “significant systemic” failures in complying with anti-money-laundering requirements, regulators said Wednesday.

Nazir Razak, the youngest brother of Malaysia Prime Minister Najib Razak, will resume his role as chairman of the country’s second-largest lender CIMB Group Holdings Bhd effective Thursday.

,Inc.’s general counsel who earlier had been the top in-house lawyer at Lehman Brothers Holdings Inc., is retiring from the global insurer, according to an internal memo to employees.

The corrupt Medicaid deal propped up tobacco stocks and government revenue.

J.P. Morgan Chase shareholders voted overwhelmingly in favor of the bank’s size and strategy Tuesday, tackling an increasingly common question among analysts and investors of big banks.

Morgan Stanley Chairman and Chief Executive James Gorman said market conditions that have weighed on the Wall Street firm’s profit for the past three quarters remain difficult.

A startup developing uses of the technology underlying bitcoin for trading derivatives has hired a former senior banker and Citadel executive as its chief operating officer.

The Swiss bank has come up with a novel bond to protect itself against its own failings, but equity still looks cheaper.

KKR & Co. has signed an agreement with two of Greece’s leading banks to manage up to $1.35 billion of their problem loans, the latest effort by the struggling Greek banking sector to restructure bad debts festering on their balance sheets.

Japan’s largest bank named two women to be executive officers at its core banking unit, amid an effort by Prime Minister Shinzo Abe to put more women in positions of corporate power.

Vietnam’s Tien Phong Bank suffered a cyberattack that involved an attempt to steal funds using the Swift global interbank messaging service, a senior official at the country’s central bank said.

Diageo’s Latin America sales for fiscal 2016 will be hit by an accounting error the spirits giant made over sales of its high-end tequila brand Don Julio last year, the company disclosed Monday.

Deutsche Bank AG has hired former Electricité de France SA finance chief Thomas Piquemal as global head of mergers and acquisitions, according to a person familiar with the matter.