Hints and tips:
...The company declined to comment. UL Solutions is owned by the non-profit group UL Standards & Engagement....
...“If you changed them back, I literally don’t think it would matter,” said PNC’s chief executive William Demchak, repeating a commonly held view among bankers who argue that the regulatory change is not to...
...Abel, who is Berkshire’s vice-chair and runs the company’s vast collection of businesses outside insurance, was able to wander across the convention floor without being recognised as he chatted with the...
...He emphasised that the ISSB’s role is to “end that soup and create a common language” — and establish a global baseline of standard requirements....
...That same year insurance company AIG signed what was at the time a record-breaking sponsorship deal with Manchester United....
...American International Group, the insurance company that was a pioneer in the business, has made billions of dollars in profit out of housing tax credits, according to a lawsuit filed in 2017 by several...
...And since “the exposure of UK investors, including insurance companies [and banks], to these shifts is potentially huge”, he warned of a potential future market panic if investors suddenly woke up to these...
...But a number of employees at the company told the FT that the executives’ error of judgment was part of a pattern: having talked a good game on how safe offices could be, CWG is flouting the same standards...
...“The standard for decades has been that we get our money back when a company we lent to is sold. Now that language is getting looser.”...
...American companies will be allowed to collaborate with Huawei on setting technical standards that will determine the rules of the road for 5G and other emerging technologies....
...The IPO filings from the company, which sells insurance to home renters, were quickly scrutinised by bankers, bloggers and rivals for details of how the business model works....
...One investment banker thinks banks are considering buying....
...The $760bn-in-assets conglomerate is skewed towards financial companies — it owns large insurance companies, such as Geico, outright and stakes in many of America’s largest banks — and industrials....
...But the turmoil inflicted by Covid-19 has unsettled even the gold standard of quant funds....
...Ms Ulrich says that under the “flags of convenience” model, a term the industry views as pejorative, cruise companies can adopt less stringent labour standards as they do not come under US or European employment...
...Envizage, a start-up run by former Morgan Stanley banker Vinay Jayaram, is advising companies including Axa on how it can offer customers a choice while getting more out of its advisers....
...Bankers say company managements are becoming more attuned to shareholder complaints....
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
..., and extremely strong by historic standards....
...“A lot of big pension funds and institutional investors are still sitting on the sidelines,” said one investment banker....
...In recent years it’s become a bustling marketplace for trade in the shares of banks, insurance companies and even distressed debt....
...That makes attempts to tighten standards more urgent....
...Treasury secretary and FSOC chair Steven Mnuchin, a former Goldman banker, says he wants to focus on risky activities rather than risky companies. But it is unclear that he has the appetite to do so....
...The Fed’s loan officer survey also shows more large banks tightening standards for card applications than loosening them....
...By setting up huge lending arms, they have been transformed from heavyweight dealmakers that took stakes in companies into the principal bankers for a large tract of corporate America....
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