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Goldman Sachs settles shareholder lawsuit over Malaysian 1MDB scandal

Goldman Sachs settles shareholder lawsuit over Malaysian 1MDB scandal

by AIP Online Bureau | Apr 23, 2026 | Banking & Bancassurance, Eco/Invest/Demography, International News, Risk Management

Goldman agreed in 2020 to pay $2.9 billion in penalties and have a Malaysian unit admit criminal wrongdoing to settle 1MDB probes by the U.S. Justice Department and other authorities. Goldman Sachs has agreed to settle a class-action lawsuit accusing the Wall Street...
Ex-Credit Suisse team plans $1 billion Fund for Data Center Risk

Ex-Credit Suisse team plans $1 billion Fund for Data Center Risk

by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

It would be the first time a product in the market for insurance-linked securities specifically targets data-center risk, according to Hilti. Euler plans to structure the vehicle as a so-called sidecar, meaning investors will take a quota share of an insurer’s risk....
Protracted closure of Hormuz may lead to a wave of disputes: CFOs

Protracted closure of Hormuz may lead to a wave of disputes: CFOs

by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, International News, Risk Management

“We expect a lot of financial disputes and a lot of force majeure,” Mercuria Energy Group Ltd. CFO Guillaume Vermersch said at the Financial Times Global Commodities Summit, adding that how the situation plays out out could shape some of the firm’s profit this year....
FM meets heads of banks on AI risks following concerns over Anthropic’s Mythos

FM meets heads of banks on AI risks following concerns over Anthropic’s Mythos

by AIP Online Bureau | Apr 23, 2026 | Eco/Invest/Demography, Indian News, Risk Management

The meeting chaired by the Finance Minister deliberated on various risks that AI posed on the financial sector, sources said, adding that banks have been urged to take preemptive measures to secure their systems, data and money of customers. New Delhi:Finance Minister...
Health Insurance:A clear gap between awareness and action

Health Insurance:A clear gap between awareness and action

by AIP Online Bureau | Apr 23, 2026 | Articles, Eco/Invest/Demography, Health, Non-Life

A report by Niva Bupa Health Insurance highlights that health insurance ownership in India correlates more strongly with financial maturity than income levels alone. Policyholders demonstrate better financial discipline, including stronger portfolio diversification,...
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