MICHAEL DIEKMANN
Chairman and Chief Executive Officer of Allianz, a Munich-based insurance, asset management, and banking company. Born in Germany, he has been with the company since 1988 where he held several managerial positions, including spearheading the firm’s overseas divisions. He became the Chairman and CEO in 2003, following Henning Schulte-Noelle’s resignation and the company went through significant losses from 9/11 terrorist attack, major flooding in Europe, and asbestos claims in the US. After a year, he was able to raise its profits and share price by reducing non-essential businesses and increasing billions in capital.
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Trade or Fade Rule
Options exchange rule introduced to eliminate trade troughs. The rule requires the market maker to match a better deal seen on another market or tr ...
A-B Split
This is a method commonly used to test if the marketing media or methods used are effective. When using A-B Split method in marketing, there will b ...
Cancellation
Notification by a broker advising his or her client that an incorrect exchange deal was conducted and that the activity is being pointed out. For e ...
Kicker Pattern
A two-bar candlestick pattern that signifies change in the direction of the market trend for the price of an asset. The pattern is composed of two ...
UFMI
Up-Front Mortgage Insurance (UFMI) is an insurance premium. It is usually collected at the time of the conception of the loan on Federal Housing Ad ...
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SEE FOREX TUTORIAL
Retirement Planning: Allocating Money for Retirement
In the previous tutorial, we outlined the significance of retirement. Now, let’s talk about the how in retirement planning.
“ ...
Retirement Planning: Creating a Nest Egg
Last time, we discuss the different income sources for building a retirement fund. We shall now tackle the ways to create a retirement nest egg.
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
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