Hints and tips:
...H&F has invested in business services companies such as advertising agencies, advisory firms and insurance brokerages for decades....
...A wave of insurance brokerages including Hub Group and Integrity Marketing Group have taken private equity cash....
...Robinhood, the brokerage app at the centre of last year’s boom, has seen its growth lose steam....
...The increase in both accountability and hostile takeovers has been influenced by the 2014 introduction of a stewardship code that compels Japan’s biggest institutions from pension funds to banks and insurance...
...Mr Lilien was once chief operating officer of E* Trade, the US retail brokerage....
...After five or six straight days of the market rallying, senior partners at brokerage trading desks would instruct the junior partners [traders] to “lighten up a little bit”, Mr Cashin says....
...Revenues at Oliver Wyman, part of the New York-listed insurance and professional services behemoth Marsh & McLennan, dropped by a tenth to $404m in the third quarter, writes Alistair Gray....
...• Cantor Fitzgerald, the US investment bank and brokerage, recently appointed Zubin Ramdarshan as head of its ETF business in Europe....
...Instead it plans to use FutureAdvisor to partner with banks, insurance companies, broker-dealers and financial advisers to help them sell robo-advice....
...The auction of the “good bank” created from the wreckage of Banco Espírito Santo has turned into a shootout between Anbang Insurance and Fosun International, two acquisitive Chinese rivals, said several...
...Last year, it agreed to buy RSA’s Canadian brokerage operation, Noraxis....
...Investors pay the insurance premiums, then receive the payout when the policyholder dies....
...Analysts say Apollo Global Management, the US private equity fund manager that agreed to buy Espírito Santo group's insurance arm in September, and Fosun, China’s largest privately-held conglomerate, could...
...The latest deal comes less than nine months after Onex, the Canadian private equity outfit, agreed to buy USI, another insurance brokerage, from Goldman Sachs Capital Partners for $2.3bn....
..., financial leasing, private equity, insurance) ....
...Further stakes were taken in Shell, which was undisclosed, and Siemens, made through the Doha Insurance Company....
..., banks, independents, and insurance firms to fight for the scraps....
...In the wake of the bankruptcy of rival US brokerage firm MF Global, Jefferies’ shares saw a sharp drop last year. The bank has since sold European government debt and slightly cut its balance sheet....
...The banks and brokerages that sell structured retail products are turning to a very different kind of business for inspiration: Apple....
...The stock exchange itself and some financial institutions, including banking and insurance companies, will be allowed to hold up to 15 per cent....
...The allegations involved unspecified securities he held at the bank and the purchase of a life-insurance policy, the three-person panel wrote this week....
...“They’re going to focus on consulting and insurance brokerage and anything that goes beyond that probably doesn’t fit,” Meyer Shields, an analyst at Stifel, Nicolaus and Company said of Marsh....
...He said he saw opportunities for co-operation with SMFG’s brokerage Nikko Cordial Securities and other areas....
...When Mr Weill bought Primerica, it also included the Smith Barney securities brokerage. The spin-off will help the troubled bank clear about $5bn from its balance sheet....
...“We still don’t know what was the initiating signal for the trading activity we saw on Thursday,” said Jeff Wecker, chief executive officer at Lime Brokerage. “The verdict is still out.”...
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