Hints and tips:
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...natural catastrophe insurance in a decade. 5....
...two weeks ago announced a merger with its insurance affiliate, Athene....
...Not everyone will want to be locked in a monetary union with countries like the Netherlands, whose prime minister is ideologically opposed to mutual risk-sharing....
...From what we see,the company’s current approach to fixed-cost allocation is completely appropriate, but the effects are magnified by effectively being a one-product company....
...Meanwhile, Northwestern Mutual, the huge and famously conservative mutual life insurance company, is launching its second, $150m venture fund focusing on fintech and insurtech....
...Equity, bond and credit mutual funds all had material outflows this week while money market funds had the biggest inflows on record, at $137bn....
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...As a result, it has distorted the economy and been going down a blind alley with support for the indebted at the expense of investors....
...estate and hotels, as well as insurance and financial services”....
...For this, Charles Dickens, the creator of a famous fictional legal battle — Jarndyce v Jarndyce — might be responsible....
...There is, for instance, no such provision for commercial banking or primary insurance. Some argue these gaps would need to be filled for the mechanism to be a credible option for the UK....
...From “activist investors” to investment banks, from management consultants to asset managers, from high-frequency traders to insurance companies, today, financiers dictate terms to American business, rather...
...If her employer does offer an alternative this is likely to be subject to income tax and national insurance....
...The individual mainland holders, including mutual fund shareholders, are already seething with anger....
...In other words, expand the bargain made with deposit insurance to more modern forms of money used by institutional savers....
...Think of deposits, or commercial paper sold to money-market mutual funds....
...“Very often there are technicalities which are the beginning of a failure, for example missing dates or signatures on mutual legal assistance requests,” says Rudolf Wyss, Switzerland’s former head of mutual...
...This is the language of the gallerist, rather than the spontaneous argot of the back alley....
...Six months later the bank failed and the Federal Deposit Insurance Corp, the regulator, sold WaMu to JPMorgan....
...Credit to small businesses is currently rationed as tightly as lamb chops after V-J Day. But Shawbrook boasts it will double commercial lending in 2013, albeit from a low base....
...and Fukoku Mutual Life Insurance are among the companies shortlisted to buy a minority stake in Indonesia’s Panin Life for about $200 million, sources said. http://reut.rs/UqGs3l China snubs Norway in...
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