Hints and tips:
...Companies converted production lines to serve a public purpose: brewers and cosmetics firms made hand gel, fashion companies made personal protective equipment and even Formula One engineers made low cost...
...Law firm Goodwin has brought a five-partner team from Sidley Austin to its London office: Erik Dahl, Christian Iwasko, Sava Savov, Michelle Tong, and John Van De North....
...That line is still highlighted in marketing by Vanguard, the mutual fund business Bogle founded. BlackRock and State Street, two other big US fund managers, have their own variants....
...Poor performance appears to be the primary driver, with particularly weak flows across Merian’s Global absolute return and North American equity funds, and Jupiter’s absolute return offering....
...Divisions within the North as well as the North/South divide....
...In commercial lines, the groups with the largest market share in the state are: First Insurance Co. of Hawaii, American International Group, Inc., Allianz Global Risks US Insurance Co., DB Insurance Co....
...To take one case in point, thanks to better-off Americans’ unexpected increase in lifespan, the long-term care insurance industry has been driven into near-insolvency over the past decade....
...From 2018, they will also attract employer national insurance....
...C Ian Ormiston has joined Old Mutual Global Investors as a fund manager and will launch a new European Smaller Companies fund in the fourth quarter....
...American markets, writes Robert Wright in Milford, Michigan....
...The group now has a US mutual fund market share of 18 per cent, compared with 10 per cent for both Fidelity and American Funds....
...The mandatory savings are supplemented with tax-advantaged voluntary schemes known as Ahorro Previsional Voluntario, or APV accounts, in which assets are invested in private sector mutual funds or insurance...
...A virtually unlimited budget enabled van der Rohe, alongside American architect Philip Johnson, then his acolyte, to use sumptuous materials....
...The centrepiece is an EU-wide rule book to ensure shareholders and bond holders – and not taxpayers – are first in line to pay for bank rescues....
...Arjan van Veen, Asia insurance analyst at Credit Suisse, described the results as “reassuringly strong” and said the company had done a good job of maintaining high growth rates despite a heavy weighting...
...The number of Americans who claimed unemployment insurance for the first time leapt 78,000 last week to 439,000....
...Under the old regime, commercial banks, investment banks and insurance companies had different agendas, so their lobbying efforts tended to offset one another....
...Notable examples include ING, which has put its Asian life insurance business up for sale, and Royal Bank of Scotland, which plans to spin off Direct Line, its UK insurance arm....
...The aim was to create an equities business as part of an integrated investment bank along American lines, to be known as Barclays de Zoete Wedd (BZW)....
...Blair’s disclaimer is hard to square with the millions of pounds he has earned since leaving Downing Street, still less with the über-rich company he now keeps, including the Murdochs, assorted American...
...Chubb and Liberty Mutual have led the criticism in the US, while a number of companies in the Lloyd’s of London market, including Hiscox, were also critical in the past....
...It was the stuff of the American dream....
...Tabb Group, a research company, estimates that the additional collateral required could amount to about $2,000bn....
...Over the past three years, with subdued growth the deal flow has been poor, but with the economy recovering, Mr van Wyk says he would not be surprised to see one or two companies in the R5bn to R10bn market...
...The company has, if the hype is to be believed, wooed American women from Alaska to Boston and Beverly Hills....
International Edition