Aon: Second-Quarter 2026 Earnings Release and Conference Call Date
AON plans to announce second-quarter 2026 results on Wednesday, July 29, 2026, in a news release to be issued at 6:30 AM ET.
Aon’s President and CEO Greg Case and CFO Edmund Reese will also host a conference call at 8:30 AM ET on Wednesday, July 29, 2026, which will be broadcast live through Aon’s Investor Relations website at ir.aon.com Opens in a new tab. A replay will be available shortly after the live webcast. The earnings release and supplemental slide presentation will also be available on Aon’s Investor Relations website.
Willis appoints Lars Sorensen as Life Sciences Industry Leader for North America
Willis, a WTW business, announced the appointment of Lars Sorensen as Life Sciences Industry Leader for North America.
Sorensen will lead Willis’ life sciences industry strategy and work with leaders and placement teams to advance Willis’ position as a trusted advisor in the life sciences sector. He will report to Mike Giacobbe, Chief Commercial Officer, Willis North America. Sorensen will also drive solution development and serve as a subject matter expert for clients.
“Lars’ deep life sciences expertise, global perspective and client focus will strengthen our ability to help clients navigate complex business challenges, address emerging risks and achieve their objectives,” said Mike Giacobbe, Chief Commercial Officer, Willis North America. “His appointment reflects our continued investment in specialty talent and our commitment to delivering differentiated advice and solutions to clients.”
Sorensen brings more than 30 years of experience to Willis, most recently serving as Life Sciences Industry Vertical Leader, EMEA/UK at Aon. He has built and led high-performing teams, developed long-standing client relationships and driven growth across multiple markets, with expertise spanning industry, broking and liability.
Barclays appoints Peter Luck Chairman of UK Investment Banking
Barclays has announced the appointment of Peter Luck as Chairman of UK Investment Banking.
He joins Barclays from Bank of America, where he was Head of UK Investment Banking and Head of EMEA Corporate Broking. Prior to Bank of America, he spent 13 years at UBS.
Peter’s track record includes landmark M&A transactions such as Comcast’s £30bn acquisition of Sky, Just Eat’s £9bn combination with Takeaway.com, GSK’s $25bn Haleon share sale and HSBC’s $15bn privatisation of Hang Seng, as well as major Government share disposals in Lloyds and NatWest. He also led several of the UK’s most successful IPOs in recent years, including Rightmove, Auto Trader, Helios Towers and Baltic Classifieds, and advised on significant equity raisings for companies including Severn Trent.
Peter’s appointment builds on Barclays momentum from a series of high-profile client transactions this year, including Rosebank’s $3.05bn acquisition of Components and CPM and Nuveen’s acquisition of Schroders. He will start later in the year in and focus on deepening senior client engagement particularly, with large-cap corporates and financial sponsor UK leaders while supporting further integration across the Investment Bank.
Commenting on Peter’s appointment, Tom Johnson, Barclays Co-Head of Investment Banking EMEA said: “Peter brings extensive experience in advisory, equity capital markets and corporate broking, particularly in complex, high-value transactions. His appointment will build on the inherent strengths of our home market and further emphasise Barclays’ leadership in the UK with domestic and global clients.”
Piraeus Port Authority S.A. and the National Technical University of Athens Sign Memorandum of Understanding
Piraeus Port Authority S.A. (PPA S.A.) and the National Technical University of Athens (NTUA) signed a Memorandum of Understanding (MoU), launching a strategic collaboration in the fields of research, technological advancement, and sustainable port development.
The Memorandum aims to strengthen cooperation between the academic community and the port industry through joint initiatives in areas such as smart port technologies, digital transformation, environmental sustainability, maritime safety, and logistics. It also establishes a framework for collaborative research, knowledge exchange, and educational activities, fostering the development of advanced solutions for the maritime sector.
On the signing, the Chairman of PPA S.A., Mr. Han Chao stated:
“Our cooperation with the National Technical University of Athens marks an important step in strengthening the connection between academia and the port industry. By leveraging NTUA’s scientific expertise alongside PPA’s operational experience, we are creating the conditions to develop advanced solutions that will support the sustainable development of the Port of Piraeus.”
The rector of the National Technical University of Athens, Mr. Ioannis Chatzigeorgiou also stated:
As a member of the COSCO SHIPPING Group, PPA S.A. remains committed to the continuous modernisation of the Port of Piraeus by fostering strategic partnerships that strengthen competitiveness, promote sustainable growth, and create long-term value for the Greek maritime sector and the national economy.
The National Technical University of Athens, Greece’s leading technological institution, leverages its long-standing scientific tradition and the high-level expertise of its academic community to contribute to the development of innovative solutions that address the evolving needs of the port industry and the Greek economy.
The signing of the Memorandum marks the beginning of a long-term partnership between PPA S.A. and NTUA, with the shared objective of advancing research, technology, and expertise for the benefit of the Port of Piraeus, the Greek maritime industry, and Greece’s broader economic development.
Citigroup: Second Quarter 2026 results and key metrics
Citigroup Inc. has reported net income for the second quarter 2026 of $5.8 billion, or $3.15 per diluted share, on revenues of $24.8 billion. This compares to net income of $4.0 billion, or $1.96 per diluted share, on revenues of $21.7 billion for the second quarter 2025.
Revenues increased 14% from the prior-year period, driven by growth in each of Citi’s five interconnected businesses and Legacy Franchises in All Other, as well as the impact of foreign exchange translation, partially offset by a decline in Corporate/Other, also in All Other.
Net income was $5.8 billion, compared to $4.0 billion in the prior-year period, driven by higher revenues and a lower provision for credit losses, partially offset by higher expenses.
Earnings per share of $3.15 increased from $1.96 per diluted share in the prior-year period, reflecting higher net income and a lower share count due to share repurchases.
Percentage comparisons throughout this press release are calculated for the second quarter 2026 versus the second quarter 2025, unless otherwise specified.
Citi Chair and CEO Jane Fraser said, “With net income up 45%, this was Citi’s best quarterly revenue in a decade with double-digit revenue growth for the firm and in four out of our five businesses. Services delivered its highest ever quarterly revenue and a return of over 30%. In Markets, strong results in FX and spread products also show how much clients rely on our global network while Equities showed continued momentum with revenues up 45%. Banking revenues climbed 34% and we played a role in the majority of the top equity and debt issuances. Wealth revenues increased for the 9th straight quarter with almost two-thirds of Net New Investment Assets growth coming from deepening relationships with existing clients. Despite short-term headwinds from investments in our U.S. Consumer Cards portfolio, our resilient customer base kept fueling underlying drivers: loan growth, higher spend and better credit performance than expected. “Our growing earnings generation will allow us to increase our planned dividend by 12% and we have launched our $30 billion buyback plan. The combination of our investments, disciplined execution and focus on clients is improving our returns and creating more durable results for our investors,” Ms. Fraser concluded.
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Willis and Kayna partner with Kwant to launch new embedded insurance program for subcontractors
Willis, a WTW business (NASDAQ: WTW), together with its embedded insurance infrastructure partner Kayna, announced a strategic partnership with Kwant to launch KwantSure, a digital insurance program embedded directly within Kwant’s workforce management platform.
KwantSure enables subcontractors to access the insurance coverage that may be required to remain project compliant, directly within the platform used by general contractors to manage workforce operations and certificate of insurance (COI) tracking.
The program combines:
Kwant’s workforce and compliance platform, which supports 160,000 workers across the United States, providing general contractors with real-time visibility into subcontractor insurance status through integrated COI tracking;
Kayna’s award-winning embedded insurance technology, which integrates a seamless insurance procurement experience into the Kwant platform and leverages digital trading capabilities from modern carriers to deliver data-led, streamlined insurance solutions; and
Willis’ Affinity advice and expertise, delivering tailored insurance solutions designed specifically for subcontractors. Available coverages include General Liability, Professional Liability, Cyber, Business Owner’s Policy and pay-as-you-go Workers’ Compensation.
By embedding insurance procurement within the COI workflow, KwantSure reduces administrative burdens, streamlines the buying process, and enables subcontractors to obtain quotes and bind coverage in minutes. For general contractors, the program enhances compliance visibility and helps mitigate risk across projects.
Nabeel Tanveer, US Affinity and Programs Leader at Willis said: “Delivering tech-enabled, embedded insurance solutions is a key strategic priority for us. By integrating Willis-brokered insurance directly into Kwant’s COI tracking platform, we are simplifying access to coverage for subcontractors, strengthening compliance and removing friction from the procurement process.”
Niran Shrestha, CEO and Co-Founder of Kwant, said: “By combining Kwant’s project intelligence with Willis’ broking expertise and Kayna’s technology, we’re making insurance faster, simpler and more accessible for contractors. Contractors can secure coverage in minutes while staying compliant through proactive alerts and real-time monitoring. Together, we’re helping reduce risk across complex projects and laying the foundation for a broader suite of digital insurance solutions.”
Paul Prendergast, CEO of Kayna, said: “Kwant is helping subcontractors to close the compliance gap and mitigate the risk of underinsurance in real time. This is how a vertical SaaS platform can elevate business practices, solve problems and provide real value for its customers. KwantSure provides a data-led, end-to-end insurance solution, designed specifically to support the needs of Kwant customers as they position their businesses for continuity and sustained growth. I’m delighted that our work together has resulted in such a powerful tool for a trusted platform that is driving change in construction, making it safer, smarter and more efficient.”
Aon Appoints Sean Deehan as CEO of Strategy and Technology Group for APAC
AON announced the appointment of Sean Deehan as CEO of Strategy and Technology Group for APAC, effective immediately.
In his new role, Deehan will help expand access to Aon’s integrated advisory, analytics and technology-led solutions, enabling clients to make better risk and capital decisions and pursue profitable growth. A key focus will be expanding adoption of Aon’s Life Risk Modeling Suite in APAC, including PathWise, the firm’s platform for life and annuity risk modeling that helps actuarial teams run complex projections more efficiently. Based in Hong Kong, Deehan will report to Sherif Zakhary, global CEO of Aon’s Strategy and Technology Group and Inpoint.
“Asia Pacific represents a significant growth opportunity for our team, and Sean will play a key role in expanding our capabilities, strengthening collaborations and delivering even greater value for clients across the region,” said Zakhary. “Sean’s regional experience, market knowledge and commercial leadership will help increase our momentum and support continued growth in Asia Pacific.”
Deehan brings more than 25 years of experience across insurance, consulting, strategy and risk management, with extensive expertise in Greater China and across Asia Pacific. He has led businesses and growth initiatives across some of the region’s most dynamic insurance markets, with experience spanning strategy, actuarial leadership, M&A, market entry strategy, product innovation, risk management and client advisory.
Deehan said: “Aon’s strategy and technology group has a strong reputation for helping clients make better decisions through innovation and deep industry knowledge. I am excited to join the firm at a time of significant opportunity across Asia Pacific and look forward to working with colleagues and clients across the region to deliver distinctive solutions that support growth and long-term success.”
Deehan joins Aon from Willis Towers Watson, where he most recently served as Greater China divisional leader and head of Hong Kong and Macau. He previously held several senior executive and board-level roles, including CEO and executive director of standard life (Asia).
Lynne Burns appointed Barclays Group Human Resources Director
Barclays has announced that Lynne Burns has joined the bank as Group Human Resources Director.
Lynne succeeds Tristram Roberts, who has retired after nearly 13 years at Barclays, including over a decade in role as Group HRD.
Lynne joins from Linklaters, where she was Chief People Officer. Prior to this, she spent seven years at HSBC in a number of senior roles, including Group Head of Talent, Global Head of HR for the Global Commercial and Global Banking & Markets Divisions and Head of HR, HSBC UK. Earlier in her career, she held several leadership positions at Royal Bank of Scotland.
C.S. Venkatakrishnan, Group Chief Executive of Barclays, said: “Lynne brings more than 30 years of experience leading HR teams, driving performance, transformation, culture change and Board engagement. Her depth of experience will be invaluable as we continue to modernise and simplify how we operate, strengthen connections across the Group, and build a high performing, inclusive culture that supports the next phase of our strategic plan.
“I would like to thank Tristram for his invaluable leadership and counsel. Our employees are our most valuable asset and Tristram has led the HR function through a period of extraordinary change for Barclays, while transforming Human Resources into a modern, technology-enabled function.”
CaixaBank boosts its market shares in foreign trade between Spain and India and reinforces its commitment to the corridor
In 2025, CaixaBank boosted its market shares in foreign trade between Spain and India, consolidating its position as a benchmark financial partner for European companies operating in the Asian country and reinforcing its commitment to driving bilateral trade and investment flows.
The bank, which has been present in India for 15 years through a representative office, strengthened its market shares in 2025 in export documentary credits between Spain and India, reaching 56.6% compared with 35.4% in 2024; in import documentary credits, rising to 31% (+210 basis points); and in guarantees managed between the two countries, reaching 55% (+80 basis points).
These growth figures reflect CaixaBank’s commitment to developing economic relations between the two countries, which will be strengthened by the signing of the trade agreement between the European Union and India in January 2026, expected to enter into force in 2027.
CaixaBank, accompanying its clients to India for the past 15 years
CaixaBank opened its representative office in New Delhi in 2011 as a strategic platform to support its corporate clients in their internationalisation and growth processes in one of the world’s fastest-growing economies, and to support international trade flows along the Spain-India corridor.
From the office, and in coordination with CaixaBank’s specialised teams in Spain and the rest of the Group’s international network, the bank provides services and support in foreign trade and investment activities to CaixaBank corporate clients with interests in the region, as well as to Indian companies, offering trade finance solutions, guarantees, standby letters of credit and a broad range of corporate banking services tailored to companies’ needs. It provides market intelligence, support for country-entry strategies, facilitates relationships with local financial institutions and counterparties, and collaborates in structuring complex international transactions.
Over the years, CaixaBank has developed a close relationship with India’s leading financial institutions. The bank also maintains strong collaboration with chambers of commerce, business associations, institutional bodies and companies from both countries with the aim of fostering new business opportunities and strengthening economic relations between the two countries.
Today, the office has four employees, three of whom are local professionals with extensive experience in the country’s market. In this way, the bank combines local knowledge with the financial strength and capabilities of the CaixaBank Group, which, in addition to its International Banking network, has an extensive network of foreign trade specialists focused on offering companies close advisory support and the right momentum in their internationalisation process, with financing adapted to their specific needs.
In recent years, India has consolidated its position as one of the main drivers of global economic growth and offers significant opportunities for companies in sectors such as infrastructure, renewable energy, manufacturing, technology, industrial equipment and pharmaceuticals. According to some studies, it is already the world’s fourth-largest economy, behind the United States, China and Germany.
CaixaBank’s international presence
CaixaBank’s international network is made up of branches and representative offices around the world. This network supports corporate and business clients operating abroad, as well as local companies, thanks to its global reach through more than 300 professionals, nearly 30 international service points and agreements with more than 1,600 correspondent banks. The network provides coverage in more than 70 countries and represents 82% of global GDP.
CaixaBank’s international presence comprises six branches —in the United Kingdom, France, Germany, Italy, Poland and Morocco— and 17 representative offices across five continents. The financial institution also has two banking subsidiaries: Portugal’s Banco BPI, the country’s fourth-largest financial institution by assets, and CaixaBank Wealth Management Luxembourg, the CaixaBank Group’s international private banking subsidiary. It also has a Spanish Desk at Mexico’s Inbursa in Mexico City to serve CaixaBank corporate clients in that market.
Allstate names Christian Lown Chief Financial Officer
The Allstate Corporation has announced Christian (Chris) Lown as Executive Vice President and Chief Financial Officer, effective Aug. 3. Lown will report to Tom Wilson, Chair, President and CEO of The Allstate Corporation.
“Chris’s leadership and capital markets expertise will enable us to continue increasing Property-Liability market share and expand protection provided to customers,” said Tom Wilson, who leads Allstate.
“Allstate’s purpose, strategy and execution have led it to be ranked among the world’s best-managed companies,” said Lown. “I am thrilled to be joining this team.”
With more than 25 years of senior leadership experience in finance and capital markets, Lown has led organizations through growth, transformation and complex market environments. He joins Allstate from CoStar Group, where he served as Chief Financial Officer and led finance, investor relations, business development and facilities. He previously served as Chief Financial Officer at Freddie Mac and Navient Corporation, following senior finance roles at Morgan Stanley and UBS.
Lown earned an MBA from the University of Virginia Darden School of Business and a bachelor’s degree in international relations from the University of Lynchburg.
Lown succeeds Jess Merten, who was named President of Property-Liability in October 2025 after serving as Allstate’s Chief Financial Officer. John Dugenske, President, Investments and Corporate Strategy, has served as interim Chief Financial Officer and will continue in that role until Lown joins Allstate.