Hints and tips:
...The oddest feature of the US reforms is that most small and mid-sized banks will escape tougher treatment, despite the fact that it was precisely mid-sized regional banks that were the focus of depositor...
...The buyout group owned mid-sized life insurers in Italy and Germany that it had expanded aggressively in an era of low interest rates, buying up books of annuities offloaded by other insurers....
...In recent months, BlackRock, CVC Capital and General Atlantic have all bought infrastructure managers, and a further wave of deals is brewing....
...“January’s cut in Employees’ National Insurance Contributions probably gave the economy a bit of additional momentum as well,” he said....
...But analysts warn refinery maintenance in the US will further cut supplies across the Atlantic and further drive up the price....
...Since mid-November more than 10 transiting vessels have been attacked by Yemen’s Iran-aligned Houthi militants....
...This will saddle many mid-sized companies with excessive bureaucracy that will undermine economic performance, he claims....
...It bought out a remaining 37 per stake in insurer Global Atlantic for $2.7bn and reorganised its operations to focus shareholders on the long-term growth of its fee-based earnings, and insurance and investment...
...But hospitals, insurance companies and others are creating roles to navigate and harness the disruptive technology, The New York Times writes....
...In mid-October, Hamilton Insurance Group filed to float in New York. Safety testing company UL Solutions is still aiming to list before the end of the year in what could raise as much as $1bn....
...The flaws in the UK’s rules compared with the US were thrown into sharp relief as SVB spiralled into insolvency in mid-March....
...Do read the Atlantic’s profile of Chris Licht, chief executive of news channel CNN....
...General Atlantic has named HSBC veteran Samir Assaf as chair of the Middle East and north Africa....
...Private equity firm General Atlantic had also committed to provide $500mn in equity if the offering had been completed....
...“We think for our mid-latitude world it is something like two weeks. For the tropics, it might be a day [at least for rainfall].”...
...The proposal is to move gradually to a 3 to 5 per cent allocation, which would mean almost $80bn — roughly the equivalent of a TPG, Warburg Pincus or General Atlantic....
...Two-thirds of deposits were in accounts too large to be covered by US government-backed insurance that maxes out at $250,000....
...At least one anonymous Chinese buyer has spent $376mn since February to acquire a fleet of 13 elderly tankers now at the centre of a fully operational, mid-Atlantic tanker shipment hub for Russian crude...
...Hedge fund darlings like Tesla and Meta, both of which sat in Coatue’s top-10 holdings as of mid-year, have more than halved in value....
...Last year, KKR acquired insurer Global Atlantic, a unit that now accounts for $119bn in total assets....
...Today they include a butcher, two antiques shops, a bicycle repair and rental shop, a jewellery design shop and an insurance shop....
...O’Rourke, who has died aged 74, had a career that spanned National Lampoon, Rolling Stone, The Atlantic and countless freelance assignments....
...Tong was in his mid-30s when he founded Boyu. He met Jiang when the latter was an intern at General Atlantic’s Hong Kong office....
...We lack the social insurance of large gas stocks. Uncertainty about the wisdom of policymakers will persist after the [Liz] Truss experiment....
...Meanwhile, nearly 14 per cent of black households had no bank accounts at all, compared with 2.5 per cent of white households, according to the Federal Deposit Insurance Corporation....
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