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...The Orsay includes prominent examples from 1874: “Sarpédon”, Henri Lévy’s three-metre tale of heroism in the Trojan wars, immediately bought by the state; Jean-Léon Gérôme’s “L’Éminence Grise”, a story about...
...L&G’s balance sheet investment unit was flat after a tougher second half for the property market, and its asset manager, Legal & General Investment Management, posted an expected fall in profit as higher...
...“The market is clearly saying, ‘we are worried about balance-sheet risk’,” said Andrew Baker, an equity analyst at Citi....
...The crunchy acronym was coined by Goldman Sachs for pharma companies GSK and Roche, Dutch chip company ASML, Switzerland’s Nestlé and Novartis, Danish drugmaker Novo Nordisk, France’s L’Oréal and LVMH, the...
...Last week, we looked at similar hopes after the extraordinary comeback by Italian banks, thanks to higher interest rates and government-led efforts to clean up balance sheets....
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...Blanch the pasta one sheet at a time for 30 seconds in a wide pan of highly salted (10g/l) water with the extra virgin olive oil in it....
...“For cabinets and beautiful, small side tables, it was a way of making wood look like a jewel,” says L’Objet founder Elad Yifrach....
...LVMH-owned Sephora recently released a blockbuster set of annual results and said it had the potential to reach €20bn in sales, while L’Oréal reported a 7.6 per cent rise in sales last year to more than...
...In such deals, companies pay a premium to transfer a chunk or all of their pension obligations off their balance sheet to an insurer....
...Morgan Stanley had a handy crib sheet on what the banks have said about the digital euro. The common responses so far are “wait and see” and “why bother?”...
...Well, l that’s the right thing to do at the individual level....
...The shelves jingle with buckles and studs, and folded over wooden racks are crêpe-thin sheets of soft leather and suede....
...Another household, shaded by lush vegetation, dwells by waters so still and glossy they could be a sheet of marble....
...In both instances, a gain is recorded and runs through the P&L to create income and then equity capital boosts at essentially no cost....
...For example, the company is part of the so-called Mansion House Compact which also includes L&G, Aviva and Scottish Widows....
...The Fed has been draining reserves from the financial system by reducing the size of its balance sheet....
...Should those borrowers struggle with their debts, bank balance sheets could be affected....
...L and break the logjam. It happened in 2015 when Box, Square and other companies went public at valuations below their last private funding forays. The same may be happening today....
...covinovenezia.com Disappointment An invitation to lunch at Girafe, the sought-after seafood restaurant in Paris’s Cité de l’Architecture, promised a treat....
...“This idea of the eternal wanderer, or l’étranger, stayed with him his whole life.”...
...It was insulated from further damage as it takes no balance-sheet risk in LDI strategies, instead acting as an agent between pension funds and investment banks....
...A new crop of IPO candidates in CVC, General Atlantic and L Catterton may test the waters of public markets in 2024, while BlackRock continues to hunt for its “transformative” private capital deal....
...Balance sheets are much healthier however, with S&L total balances currently totalling $274 billion (1% of GDP)....
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