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Italian banks Mediobanca and UniCredit post strong gains.
Pimco triggers second-quarter outflows of $21 billion but Allianz's CFO expects that to dwindle.
U.S. stock futures point to markets opening up.
Kristina Hooper, U.S. investment strategist at Allianz, says stocks can't go much higher without improved fundamentals.
The bulls better enjoy their run while they can, because it may not last much longer.
The appointment follows more than two years of turmoil at the U.S. fund manager.
If you think the best thing to do post-Brexit is buy more, here are 4 to consider.
The world’s central banks stepped in to save the global financial system in 2008 when politicians were paralyzed.
Doug Kass shares how his views compare with the consensus on GDP, Apple and other investments.
Short-term volatility and pressure will take a toll on European stocks in the near term, but its markets should rebound shortly, which makes this an entry point for investors.
Hartford Group has been caught in a flurry of takeover speculation, with its shares spiking on the heels of Chubb's acquisition of ACE. Some see Travelers as a potential suitor.
European stock indices were mixed on Thursday, with core eurozone indices helped by a bigger-than-expected decline in German joblessness amid earnings reports from some of the region's largest companies.
The company will overhaul and may sell parts of its U.S. property and casualty business Fireman's Fund after struggling for years to bring underwriting losses under control.
Indian exporters such as Infosys, Tata Motors and Dr. Reddy's are benefitting from global market trends, says Kunal Ghosh, Portfolio Manager for the AllianzGI Emerging Markets Opportunities Fund.
Chinese stocks are surging on improved economic data and investors should trust the rally, says Raymond Chan, CIO Equity Asia Pacific for AllianzGI.
Raymond Chan, Equity Asia CIO for Allianz Global Investors, says Japanese and Chinese shares will rise this year despite talk of a currency war.
The closed-end European Equity Fund returns an impressive 16.5% so far this year.
Europe's biggest insurer Allianz said third-quarter operating profit rose 23.4% to 1.9 billion euros ($2.84 billion).