Allianz Fires Fund Managers After Multibillion-Dollar Blowup
- Insurer discharged men in December, regulatory filings show
- Allianz took a $4.2 billion charge after lawsuits and probes
Allianz SE offices in the La Defense business district in Paris.
Photographer: Benjamin Girette/BloombergThis article is for subscribers only.
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Allianz SE dismissed two people responsible for managing a suite of hedge funds that allegedly lost investors billions of dollars and prompted probes by U.S. regulators.