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Regulator accuses secondary ticketing websites of misleading customers
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Regulator accuses secondary ticketing websites of misleading customers

The advertising regulator has cracked down on four of the biggest operators in the secondary ticketing sector, accusing StubHub UK, Viagogo, Seatwave and GetMeIn of misleading customers when trying to sell tickets for music concerts and other events. The Advertising Standards Authority said on Wednesday that it had conducted formal investigations as part of a…

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New York regulator asks Deutsche, other banks about Kushner loans: source

(Reuters) - New York’s state banking regulator asked Deutsche Bank AG (DBKGn.DE) and two other lenders for information on their relationships with U.S. President Donald Trump’s son-in-law and White House senior adviser Jared Kushner and his family’s real estate company, a person familiar with the matter told Reuters. The New York State Department of Financial…

Chinese Regulator to Take Over Anbang Insurance
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Chinese Regulator to Take Over Anbang Insurance

SHANGHAI—China’s insurance regulatory agency Friday took control of hard-charging, acquisitive Anbang Insurance Group Co., saying the action is needed to avoid a collapse of the firm following suspected illegal activity and the downfall of its once-highflying chairman. Anbang was amo

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Regulator in China seizes control of Anbang as chairman prosecuted

BEIJING/SHANGHAI (Reuters) - The Chinese government on Friday seized control of Anbang Insurance Group Co Ltd [ANBANG.UL], one of China’s biggest insurance conglomerates, in a dramatic move that underscores Beijing’s intent to crackdown on financial risk. Anbang’s chairman and key shareholder, Wu Xiaohui, had also been prosecuted for economic crimes, the China Insurance Regulatory Commission…