Us

Specialist international reinsurance broker Willis Re has agreed to buy BMS Groups' US reinsurance division. The broker is hoping the deal will allow it to sharpen the focus of its global reinsurance business as it snaps up BMS Re US, BMS Intermediaries, BMS Capital Advisory and its reinsurance brok

Former NatWest chairman and financial regulator Sir Howard Davies has launched a scathing attack on the UK's banking framework, claiming that post financial crisis ring-fencing was a "completely useless regulatory intervention" that has "emasculated UK investment banking." Speaking as ministers weig

Republican lawmakers are advancing plans to dismantle the Public Company Accounting Oversight Board (PCAOB), the independent US audit regulator created after the Enron scandal more than 20 years ago. The proposal, part of a broader deregulatory agenda linked to US President Donald Trump, was introdu

A judge has ruled that an independent monitor should be appointed to oversee the Trump Organization's finances to "ensure there is no further fraud or illegality" pending the outcome of a $250 million (£223m) lawsuit. New York's attorney general, Letitia James, last year launched a lawsuit aga