Allianz CEO cites progress in settlement but will take bonus hit -Breaking
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© Reuters. FILE PHOTO – The Allianz logo is displayed on a Paris building, France, April 30, 2020. REUTERS/Charles PlatiauFRANKFURT, Reuters – Allianz(DE:) CEO Oliver Baete stated that Allianz reached a settlement over lawsuits arising from the collapsed multi-billion euro investment fund set.
The saga also led to him and his fellow board members receiving lower bonuses in the last year.
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