Role had been filled on an interim basis since Steve Hawkins departed in November
Regime to protect investors must also work for industry, regulator says
Sector's competition, regulation and risk will all be transformed, Fitch says
Recent portfolio changes addressed the challenges presented by high inflation, managers said
Big Four Canadian life insurers report near-record profits for 2022, DBRS says
Revenue growth across major business segments was outpaced by rising costs
Fitch says Wall Street giant is seeking stability in retail fee revenues
FCA launches consultation on possible changes
Restructuring effort still a challenge, as major business lines grapple with revenue, profit headwinds
Accumulating threats and weak liquidity may test systemic stability, U.K. regulators say