- Mitsui Sumitomo Insurance to buy U.S. reinsurance broker for $400 million, Nikkei reportsMarkets
· August 7, 2022 · 9:24 AM UTC
Mitsui Sumitomo Insurance Company, a subsidiary of Japan's MS&AD Insurance Group Holdings , will spend about $400 million to buy U.S. reinsurance broker Transverse, the Nikkei business daily reported on Sunday.
- White Collar CrimeDeutsche Bank ex-trader's conviction thrown out in U.S. Libor-rigging probe
A U.S. judge on Friday threw out a former Deutsche Bank AG trader's conviction for conspiring to manipulate the global lending benchmark Libor, after an appeals court tossed the convictions of two former colleagues he testified against.