Hints and tips:
...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...Bumble has named Slack chief executive Lidiane Jones as CEO, succeeding the Blackstone-backed dating app’s founder Whitney Wolfe Herd who will become executive chair....
...An important financial backer of billionaire Josh Harris’s new asset management venture has received a rare public rebuke from Brookfield Asset Management, which complained that AEL, a life insurance company...
...I am Vincent Kaufman. I am the CEO of the Ethos Foundation created by two Swiss pension funds to promote sustainable investment....
...Perhaps insurance companies would also buy them as a hedge. Annuities from insurers are considered poor value for money now because rates are so low....
...Wall Street readies for Universal’s headlining act Vincent Bolloré isn’t afraid to play the long game....
...The deal features a crème de la crème cast of characters from Vivendi’s billionaire controlling shareholder Vincent Bolloré to the hedge fund tycoon Bill Ackman, whose blank-cheque company Pershing Square...
...In the news Apollo to merge with Athene Apollo Global Management is to merge with Athene Holding, the life insurance company it created at the height of the financial crisis, transforming the alternative...
...After the Dow Jones index rallied 27 per cent in seven weeks from its March 23 low, John Cassidy of The New Yorker asked: “Have investors . . . lost their minds?”...
...He adopted the typographic convention of describing recovery: “The first part . . . will look like a sharp V shape . . . but what does the last part look like?...
...Stephen Jones, chief executive of financial services lobby group UK Finance, said the FCA’s guidance would help businesses prioritise customer support....
...(FT) Business shuns Prince Andrew The Duke of York is losing corporate support for his charitable work, with companies including KPMG and insurance company Aon distancing themselves from the Queen’s second...
...A three-bedroom villa in Taormina is on the market for €1.35m with E&V....
...FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can receive it by email at 8am every morning by signing up here....
...But the changes also come after a string of dud deals in Europe in recent years, including: Innovation Group, the British insurance claims technology company that Carlyle bought on false earnings assumptions...
...The tie-up between the number two and three brokerage companies in the insurance industry would be a game changer but competition authorities (and rivals) are likely to have something to say about it....
...(Don’t worry, it never happened — though one German conceptual artist has grown an ear from Vincent van Gogh’s DNA.)...
...(FT) HK v SH The fight to attract IPOs used to play out between Hong Kong and Singapore but now the focus has moved northward....
...Arguably, it’s middle manager at at any other UK outsourcer, trying to address similar questions, writes Matthew Vincent....
...matthew.vincent@ft.com FCA: kate.burgess@ft.com...
...FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here....
...But the show’s editor, Huw Kennair-Jones, is not giving anything away....
...FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here. Debt? Dontcha just love it!?...
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