More insurers are deserting the net zero alliance as the UN climate group sounds the alarm

More insurers are deserting the net zero alliance as the UN climate group sounds the alarm

(1/3) The logo of insurer Allianz SE is seen on the company’s building in Puteaux, in the financial and business district of La Defense near Paris, outside Paris, France, May 14, 2018. REUTERS/Charles Platiau /File Photo Lloyd’s of London is the latest of the six to leave NZIA UN group warns ‘political attacks’ hurt insurers … Read more

China says willing to work with US on audit deal as challenges loom

China says willing to work with US on audit deal as challenges loom

HONG KONG, May 11 (Reuters) – China’s securities watchdog said on Thursday it was willing to work with U.S. counterparts to promote regulatory cooperation on audits and protect investors’ rights and interests global. The China Securities Regulatory Commission (CSRC) commented a day after a US accounting watchdog said it found unacceptable shortcomings in the audits … Read more

Chinese audits littered with loopholes, says US accounting watchdog

Chinese audits littered with loopholes, says US accounting watchdog

WASHINGTON, May 10 (Reuters) – A U.S. accounting watchdog has found unacceptable flaws in audits of U.S.-listed Chinese companies carried out by KPMG in China and PricewaterhouseCoopers in Hong Kong, the government agency said on Wednesday. The U.S. Public Company Accounting Oversight Board (PCAOB) has released the results of its inspections after gaining access to … Read more

Exclusive: US officials assess possible “manipulation” on bank stocks – source

Exclusive: US officials assess possible “manipulation” on bank stocks – source

May 4 (Reuters) – U.S. federal and state officials are weighing whether “market manipulation” has caused the recent volatility in bank stocks, a source familiar with the matter said on Thursday, as the White House pledged to monitor ” short-selling pressures in healthy markets”. banks.” Shares of regional banks resumed their slide this week after … Read more