Hints and tips:
...Having ruled out increases in income tax, national insurance and VAT rates in its 2019 manifesto, the government will likely initially look to other options....
...(FT) NRA v San Francisco The National Rifle Association sued San Francisco on Monday over the city’s recent declaration that the gun-rights lobby was a “domestic terrorist organisation.”...
...In the worst of three scenarios it suggested that 21 of the 83 insurance companies it surveyed, with a market share of 35 per cent, would not meet minimum capital requirements by 2025....
...Noble Francis, economics director, Construction Products Association The new fiscal rules provide more headroom and we have already seen further announcements of capital investment in the form of the National...
...On the contrary, there is an incentive to migrate pre-Brexit to earn an active national insurance number....
...Last month, the Association of British Insurers stated: “This industry report cannot give commitments that particular products will be developed....
...Switzerland extended the order by invoking constitutional powers which allow it to freeze assets to safeguard national interests....
...With national home prices up 12 per cent year on year, the companies no longer have to set aside so much money to cover potential losses on the mortgage securities they guarantee....
...Denmark has banned inducements from insurance providers for various intermediaries. A lot of people are thinking about it.”...
...But the deal had a catch: to protect it against $312bn of bad mortgage loans on Wachovia’s books, Citigroup agreed to assume the first $42bn in losses, but demanded that the Federal Deposit Insurance Corporation...
...The mortgage insurers, for example, fared just a bit better than their credit insurance cousins. But companies such as Radian Group, MGIC and PMI remain shadows of what they were....
...Wells was one of eight banks which on Tuesday agreed to participate in the US Treasury’s plan to recapitalise the banks. Wells planned to raise $20bn of fresh capital after its acquisition of Wachovia....
...Wells also plans to raise a further $20bn of private capital to fund the Wachovia acquisition....
...Wachovia, a commercial bank with $812bn in assets, was down 7 per cent at midday in New York, while American International, the insurer, was off 1.4 per cent....
...Here, I must state clearly that public sector enterprises such as banks and insurance companies will remain in the public sector and will be given all support, including capital infusion, to grow and remain...
...Among the big banks, National Australia Bank fell by 5.6 per cent to A$24.26 and St George Bank fell by 6.8 per cent to A$28.60....
...Wachovia, the fourth-largest US bank, sank 11.1 per cent to $27.22....
...Wachovia, the fourth-largest US bank by assets, fell 2.9 per cent to $27.24....
...Institutional investors, such as pension funds and insurance companies, have been piling money into entities known as exchange traded funds, which make it easier to buy and sell bullion....
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