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...But co-founder and chief executive Daniel Schreiber told the Financial Times that the results, which included a small increase in its cash and investments, from $942mn at the end of the first half to $945mn...
...Mick McAteer, co-founder of the Financial Inclusion Centre think-tank and a former FCA board member, said the stress-test plan was “very welcome”....
...A network of Iran-backed militant groups across the region, which Tehran refers to as the “axis of resistance”, includes Hamas....
...targeted specifically at financial services companies, would capitalise on Cinven’s “proven track record” investing in the sector, said Caspar Berendsen, a senior dealmaker at the private equity house, who co-led...
...The Earth rotates around its own axis once a day but days vary in length by up to a millisecond....
...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...
...What is the most recent historical precedent for autocracies co-operating on a lasting basis? The Concert of Europe, perhaps, which kept the continent more or less at peace in the 19th century....
...Kim Posnett, GS’s global head of investment banking services, who is the co-head of the initiative, described it thusly in a presentation at last year’s investor day: A more integrated and comprehensive...
...The FT story on the deal quoted KKR co-CEO Scott Nuttall saying the following: “We are not doing this because we have to, we are doing it because we want to and this has been a home-run investment,” said...
...“There is today more unity and co-ordination between the different groups of the Axis of Resistance and they help each other, putting their lives at risk to defend their co-fighters in different places,”...
...One year on, bankers and investors still marvel that, for all that drama, the earth continued spinning on its axis, it was far from a Lehman Brothers moment....
...The private capital groups have built up substantial investments or tie-ups in the life insurance sector....
...Many customers are buying weight-loss drugs outside insurance schemes as obesity is not a widely covered condition in the US....
...One incident that points to increased co-operation between Israel’s foes was a visit to Lebanon in April by Ismail Haniyeh, a top Hamas leader, to meet Palestinian factions inside Lebanon....
...Michael Wise of the South Carolina insurance regulator said he was aware that his Bermudian counterparts were addressing issues at 777 Re, and that the state continued to “co-ordinate our efforts as necessary...
...He added: “A lot of people are lumping China, Russia, North Korea and Iran into some kind of evil axis. I disagree with that analysis. I don’t think China wants to be seen as part of that axis.”...
...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...But we got there in the end and here it is now, for your wintertime pleasure, and as a little insurance policy for us against losing this recipe again....
...Since October 7, he has hailed the increased co-ordination between Iranian-backed militants from Yemen to Iraq....
...from state-owned insurance companies....
Trends in geopolitics force faster responses from legal teams
...Blackstone merged its credit and insurance investment operations in September in preparation for a push into asset-backed lending markets, Gray and co-founder Stephen Schwarzman have told shareholders....
...“Health insurance is not my top priority.”...
...Barings said that in early March more than a dozen employees resigned for Corinthia, alongside global private finance co-heads Fowler and Adam Wheeler....
...Portfolio insurance — a dynamic hedging strategy based on stop losses which was designed to let pension funds hold a higher equity allocation ‘safely’— was deemed the villain of the 1987 crash....
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