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Allianz Sets Aside €3.7B For Investment Funds Fallout

By Najiyya Budaly (February 18, 2022, 12:01 PM GMT) -- Allianz SE said that it has set aside €3.7 billion ($4.2 billion) to cover regulatory probes and lawsuits in the U.S. after investors in investment funds accused the German insurance giant of failing to shield them from huge losses at the start of the COVID-19 pandemic....

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