EXCLUSIVE Allianz in talks with banks for China asset management venture -sources

Allianz SE (ALVG.DE) is in talks with Chinese banks to set up a majority-owned asset management venture in the world’s second-largest economy, two people with direct knowledge of the matter said, aiming to tap a $4.3 trillion market for wealth products.
Allianz cooperating as DOJ probes Structured Alpha Funds

The U.S. Department of Justice has begun an investigation relating to Allianz Global Investors’ Structured Alpha Funds, following litigation pending in U.S. courts on the matter, German insurer Allianz (ALVG.DE) said on Sunday.