Regions

GLOBAL - The UK's largest insurer, CGNU, is to shelve its name in favour of a more global look with the Aviva brand.

MOROCCO - CDP Capital, the fund management arm of the C$125bn Canadian pension fund giant, has partnered with the Caisse de Dépôt et de Gestion du Maroc (CDG) and other major Moroccan institutions to create a US$30m fund for Morocco.

EUROPE - UNICO Asset Management is to introduce a new series of index funds to the market in March, aimed at European institutional investors.

GLOBAL - The International Accounting Standards Board (IASB) has published an exposure draft of a proposed amendment to IAS 19.

GLOBAL - Stakeholders of chemicals giant ICI have overwhelmingly approved an £800m rights issue. The firm has denied recent reports that the move is linked to alleged shortfalls in its pension fund.

EUROPE - Zurich Financial Services (ZFS) is looking for a new chief executive officer following Rolf Huppi's decision to quit.

GLOBAL - Old Mutual (OM) is looking to expand its fund management operations in the US and South Africa, despite seeing group profits fall £856m in 2001, a fall it attributes to both poor market conditions and the weakness of the Rand.

EUROPE - By hiring Eric Bateman from Investec, where he was European sales manager, Martin Currie, the independent investment management group, has strengthened its European sales team

EUROPE - The European Commission is to put plans for financial integration into full speed, after reiterating its 2005 deadline.

GLOBAL - German financial services group Commerzbank looks set to sell Jupiter International, the fund manager it bought in 1995, having appointed Goldman Sachs to conduct a strategic review of its fund management businesses.