Zurich adds to controversy on 'finite risk'
Article Abstract:
Zurich Financial Services AG is being investigated by Australian regulators, particularly Zurich Australia Insurance Ltd. and Zurich Financial Services Australia Ltd. for complicated reinsurance transactions that increased earnings artificially. This disclosure will increase the controversy over the use of 'finite reinsurance'.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
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HSBC taps 2 to help fix U.S. mortgage unit woes
Article Abstract:
In an attempt to solve problems within HSBC Finance, the U.S. mortgage division of HSBC Holdings PLC, two new executives have been appointed. Chris Spooner has been appointed chief financial officer, and Brendan McDonagh has been appointed chief operating officer.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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