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Financials

Insurer Travelers to slow underwriting new business in California

Jan 22 Property and casualty insurer Travelers Cos Inc said on Tuesday it is slowing underwriting new business in California due to wildfire risks.

UPDATE 1-South Africa's rand slips on global growth fears

JOHANNESBURG, Jan 22 The South African rand slipped on Tuesday, as fears about the health of the global economy dampened appetite for riskier emerging market assets.

2:49pm GMT

MOVES-M&G hires Charles-Gervais to replace Janssen in ABS

LONDON, Jan 22 (IFR) - M&G Investments has hired Vincent Charles-Gervais as portfolio manager in its ABS team.

2:45pm GMT

Saudi Aramco talking to credit rating agencies before bond deal - Bloomberg

DUBAI, Jan 22 Saudi Aramco is talking to credit rating agencies ahead of its landmark bond deal, the chief executive of Saudi Arabia's state-owned oil company told Bloomberg television.

2:39pm GMT

UPDATE 1-SNB's Maechler defends negative rates, currency interventions

ZURICH, Jan 22 Negative interest rates and a readiness to intervene in the foreign currency markets are still needed to ward off a rise in the franc that would trigger deflation in Switzerland, Swiss National Bank governor Andrea Maechler said on Tuesday.

2:35pm GMT
Financials
HSBC Holdings PLC 641.80 -1.26%
Lloyds Banking Group PLC 57.58 -0.72%
Prudential PLC 1,496.50 -0.43%

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