France will start talks on overhauling the global monetary system during its G20 presidency to improve policy coordination and stem capital flows distorting exchange rates, Economy Minister Christine Lagarde said Thursday. France will take over the chair of the Group …
C.V. Starr & Co has opened its French branch of Starr Underwriting Agents, Ltd. in Paris. The Company also announced the appointment of both Nicolas Berg as Regional Manager Europe, Starr Casualty, and Olivier Decombes as Regional Manager Europe, Starr …
Swiss Re’s Capital Markets unit announced that it has ‘successfully structured and placed €100 million [$138.6 million] of securities issued by Green Valley Ltd.,” covering windstorm events in France. Green Valley is a special-purpose company incorporated under the laws of …
The Obama administration on Sunday warned Americans of potential terrorist threats in Europe and urged them to be vigilant in public places, including tourist spots and transportation hubs. A State Department travel alert advises U.S. citizens living or traveling in …
Lloyd’s Chairman, Lord Peter Levene warned a receptive audience at Lloyd’s City dinner that the current focus on regulation should not get in the way of strategies for future growth. His speech was addressed to two hundred of London’s leading …
European Union finance ministers met on Friday in a fresh attempt to agree a common approach on taxing banks as well as to grill credit rating agencies about how they arrive at their ratings. Three years since the onset of …
The European Union agreed on Thursday to sign a free-trade pact with South Korea and grant Pakistan trade concessions after floods, but a row over France’s deportation of Roma migrants marred a one-day summit. The agreement on trade issues was …
The United States will host a meeting of the world’s biggest economies in New York to discuss climate change on Monday and Tuesday [next week], the U.S. State Department said. The Major Economies Forum will bring together 16 of the …
In the early 1700s, John Law, a brilliant mathematician, advised the French government their economy could be improved by printing lots of paper money not backed by gold or silver. The key was getting people to trust the paper money. …
Australia’s competition regulator has again blocked National Australia Bank’s $12 billion bid for AXA Asia Pacific, dealing a blow to NAB’s 9-month efforts to cement its dominance in the world’s fourth-largest wealth management market. The ruling sent AXA Asia Pacific’s …
