Germany’s cosy corruption
Jun 04, 2022
2 minutes
Matthew Lynn City columnist
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Even by the standards of the American justice system, it was a huge settlement. Earlier this month, the German insurance giant Allianz agreed to pay $6bn in fines to settle claims that its US investment arm cost investors billions of dollars by misleading them about the risks of some of its funds. It was a significant enough story in itself, and one that will have implications
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