Tuesday, September 7, 2021

Allianz under investigation in Germany over investment funds

Allianz under investigation in Germany over investment funds The move heightens the pressure on the insurer, which is already facing a slew of investor lawsuits over its Structured Alpha Funds and related investigations by the US Department of Justice (DOJ) and Securities and Exchange Commission (SEC).

from Moneycontrol Business News https://ift.tt/3zUvNrV
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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...