Wealth Headlines

Italy's Generali, UnipolSai to appeal misconduct fine

MILAN (Reuters) -Italian insurers Generali and UnipolSai said on Tuesday they would appeal against the competition regulator's decision to fine them 5 million euros ($5.1 million) each for unfair commercial practices.

General Atlantic hires Durham for tech buyouts-sources

Private equity firm General Atlantic has hired veteran technology dealmaker Jonathan Durham to expand in corporate buyouts, an area in which it has done little because of its focus on growth equity investments, two people familiar with the matter said.

Barclays' blunders overshadow strong trading performance

Barclays' profit was dented by a 1.9 billion pound ($2.3 billion) hit for regulatory missteps, including having to buy back billions of dollars of securities the bank sold in error, overshadowing an otherwise solid performance.

Too early to call market turn, Schroders CEO says

LONDON (Reuters) -It is too early to call an end to financial market falls driven by the Ukraine war, the chief executive of Schroders said on Thursday, as the British fund manager's shares hit six-week highs on an uptick in assets under management.

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