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...“We are not burning through it, our cash levels are going up, so I think a lot of the questions about survivability . . . ought to have been put to bed,” he added....
..., adding: “I am looking at everything.”...
...“I would put JPMorgan or another G-SIB into a resolution process,” he said. “We think this is doable . . ....
...“Typically [underwriters] have to click three buttons to [issue a] quote,” said Richard Hartley, co-founder and chief executive....
...the private equity house, who co-led the strategy....
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...“I thought it was better to talk to people directly than through headhunters,” he said. “I’m a front door sorta guy. I think it was effective and I’d do it again.”...
...The L&G transaction came on the same day that Rothesay, a UK life insurer, agreed to take on £4bn of the pension liabilities of the Co-operative Group, whose operations span supermarkets to funeral services...
...“I think most US investors don’t really get what’s happening from a macro standpoint in Japan right now and it’s exciting,” said Bae, who added that a “tidal wave” in shareholder activism had prodded local...
...For flowers, there is a seasonal grower called Saltbox & Co run by a mother and daughter....
...“I used to forget the tiniest everyday things: I’d put eggs on to boil, I’d forget. Papers were stacked four feet high on my desk,” said Davis, 74....
...Lloyd’s insurers Tokio Marine Kiln, Chaucer and Liberty Specialty Markets are among those that have pledged to hold the risk for a total of £500mn of insurance coverage written in partnership with these...
...Currently, the building has an energy rating of E, in an official range where A+ is best and G is worst. It did not disclose the terms of the deal....
...He did gain a seat on the P&G board after a very close vote and recount....
...“I’d love to look back in another 10 years and see that actually lots of scale-up businesses formed a reasonably important part of the FTSE 100.”...
...The insurance sector is expecting a hefty bill....
...“I think that there was pressure for [AM Best] to take action, for anybody that had a relationship with 777 Re,” said King. He added: “We don’t agree with their position.”...
...“It’s a huge potential clinical breakthrough and so I do think [sales growth is] going to be material”....
...case of a volatility surge during a market crash, the gamma and delta of the covered calls would quickly go to zero but wouldn’t reinforce the market move (i.e., gamma won’t turn negative)....
...I must admit that was not the first emotion I felt when I made this discovery (though I am now wondering if there is a line of cards reading Happy Happiness Day)....
...“I think a new revolution is on the way.”...
...In February he and Tesla co-founder Elon Musk hosted a dinner at Montsorrel, he tells me. It wasn’t a fundraiser: it was “just to talk about what the country needed”....
...For a vegetarian dish, a specialty in my region of the Loire Valley is steamed white asparagus....
...“It was probably a disadvantage to add us, but he knew I was in trouble,” Buffett told the Financial Times this week. “He never brought it up again, and the world moved on, but I never forgot....
...“I need to make the best use of my limited savings,” said Li. “Health insurance is not my top priority.”...
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