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....
...“There are a lot of conspiracy theories, which I’ve heard my whole life,” says Janie Hendrix, the adopted daughter of Jimi’s father Al Hendrix following his marriage to her mother in 1966, when she was five...
...Then, the hidden leverage and maturity mismatch in pension funds’ and insurance companies’ portfolios — generally supposed to be long-only — could pose a policy challenge....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...Charlie loves his business and trucking life. He hopes to expand to five lorries. But you should hear him on France and the Gendarmerie. Henry V would blush....
...As a result, it is very hard for financial institutions, central banks and even many companies to operate if they are cut off from the US dollar and the American financial system....
...If you take the 48 per cent who voted Remain, plus Labour voters, plus Liberal Democrats, plus Scottish unions, plus people in trade unions, it’s a big blob....
...(FT) Volunteering, such as at a vaccination centre, can make one happier, healthier and more satisfied with life. Purpose-seeking companies should take note, writes Pilita Clark....
...pay the same tax as small local companies....
...“The fact that [David] Cameron, [Jeremy] Heywood (the most powerful civil servant) et al did not understand many basic features of how the world works is why I and a few others gambled on the referendum,...
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...Speakers include Tony Blair, former UK prime minister; Al Gore, former US vice-president; Andrew Bailey, Bank of England governor; Kristalina Georgieva, IMF managing director; and FT editor Roula Khalaf....
...The European Central Bank expanded its quantitative easing programme but left the main deposit rate unchanged, triggering a bond sell-off....
...(FT) New York Life agrees $6bn deal New York Life Insurance has agreed to pay more than $6bn to purchase a Cigna unit that sells employers non-medical insurance products, according to multiple people briefed...
...al), which improves SONG’s negotiating position. . . . . uh, great?...
...“I see the European Union as our life insurance,” she says. Read the full exclusive interview by Financial Times editor Lionel Barber and Berlin bureau chief Guy Chazan....
...Many French cinema owners, who are putting pressure on Cannes to resist Netflix et al, see the streamers’ disruptive attitude as an incursion into their territory....
...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....
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
...Electricity is now a cleaner energy form than gas – but our Climate Change Levy, paid by companies, taxes electricity at a higher rate....
...“Amazon” Cuomo et al will hope not. In Wisconsin, considerable effort was expended to woo Foxconn — a Taiwan-based company which makes, among other things, roughly half of the world’s iPhones....
...Bailey....
...He has also made criminal justice reform a central issue, and more recently, after the mass shooting at a Walmart in his hometown, he has centred his campaign on gun reform....
...Either Trump is right, and there’s a deep state conspiring to sow fake links between him and the Kremlin, which requires a leap of magical thinking, or else the FBI et al are closing in on their prey....
...Bank shareholders lost money as well, but the survey data from Brown et al found that shareholders did not increase their holdings of cash if they had avoided any haircut on deposits or bonds: The type...
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