Allianz SE set aside more than $4 billion for legal expenses related to losses incurred by its investment funds during the March 2020 market panic as a result of bad options trades. The German financial behemoth said Thursday that the 3.7 billion euros in legal provisions, or $4.2 billion, were accounted for in its 2021… Continue reading Allianz Says Legal Bill for Investment-Fund Losses May Top $4 Billion
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