RSA Insurance Group Plc named Ken Norgrove as chief executive officer of its Irish unit as the company seeks to recover from a scandal in Ireland that led to a $1.3 billion rights issue.
JPMorgan Chase & Co., Deutsche Bank AG, UBS AG and Depfa Bank Plc won a bid to overturn a conviction for overseeing fraud by their bankers in the sale of derivatives to the city of Milan.
Aviva Plc rallied to its highest in more than five years after profit beat analysts’ estimates and Chief Executive Officer Mark Wilson said he planned to restore bonuses at the U.K.’s second-biggest insurer by market value.
Bank of America Corp., the second- biggest U.S. lender, suspended a senior foreign-exchange dealer amid a probe into the alleged manipulation of currencies, a person with knowledge of the matter said.
Aviva Plc took a 132 million pound ($221 million) charge after saying two former employees breached its trading policy since 2006 to the benefit of external hedge funds.
Italy’s finance police searched premises in cities including Milan and Siena as prosecutors extend a probe into an alleged criminal association that defrauded Banca Monte dei Paschi di Siena SpA.
Admiral Group Plc surged to the highest level since 2011 after the U.K. car insurer increased its full-year profit and dividend, boosted by lower-than- expected customer claims.
Legal & General Group Plc said it’s targeting the U.S. for expansion after the U.K.’s biggest manager of pension assets posted higher earnings and an increased dividend.
Jupiter Fund Management Plc tumbled in London after TA Associates Inc. sold its remaining 10.6 percent stake in the money manager run by Edward Bonham Carter.
Allied Irish Banks Plc Chief Executive Officer David Duffy said the lender may start repaying its 21 billion euro ($28.9 billion) government bailout after European Central Bank stress tests this year.