Hints and tips:
...And one scoop to start: Credit Suisse provided funding for Greensill Capital to set up its own in-house insurance firm, weeks after the supply-chain finance company’s main insurer refused to renew its policy...
...In the US region, we’re actually seeing lenders moving away from using traditional credit reporting methodologies like FICO....
...Ping An Sector: insurance / HQ: Shenzhen, China The Chinese insurance group reported its first annual fall in net profits for more than a decade in 2020....
...Buffett’s success first came from buying up misunderstood and undervalued shares and companies, or “picking up cigar butts”, as it came to be known....
...V....
...First, Greenspan et al thought the bulk of the spending financed by the extra debt enhanced productivity....
...First, the government would guarantee all deposits, charging risk-based insurance premia....
...The question is whether that benefit would look so attractive were JPMorgan et al forced to internalise most of the costs of a breakup while remaining in their current form....
...it launched its first smartphone....
...It is to our credit, surely, if that maxim no longer holds. ——————————————- Award-winning authors, FT editors and columnist on the titles to remember this year Lionel Barber Editor of the Financial Times...
...To that must be added weak regulation, the pursuit of shareholder value uber alles, and broader global imbalances between high-spending Americans and high-saving Chinese, which distorted credit flows....
...In addition to its scooping up vast amounts of foreign communications, the National Security Agency is also scooping up Americans’ phone calling records and Internet traffic, according to documents revealed...
...Ally Financial, the lender majority-owned by the US government, placed its mortgage subsidiary Residential Capital into bankruptcy early on Monday in the first attempt by a bank holding company to use the...
...” … Given the emphasis elsewhere in the bill on the role of the credit rating agencies, we suspect that the study will conclude that secured lenders have been too reliant on ratings in driving all their...
...Schooled at Eton, he studied history at Oxford, where he drove a blue Porsche and partied with future chancellor George Osborne et al as a member of the Bullingdon Club....
...All Played Out – the book’s original title – proved to publishers that literate football fans existed. Nick Hornby et al followed. Davies deserves this reissue under a new title....
...What really happened at Northern Rock, Royal Bank of Scotland et al? This gives you a clearer idea....
...The leading operators in the niche credit insurance market are Atradius, Euler Hermes and Coface. But the credit insurance market has become tighter, causing problems for many companies....
...First, on 19th January the UK Government announced a comprehensive package of measures designed to support the UK economy by helping borrowers and lenders....
...On Mr Sullivan’s first day in the job, a credit agency strips the insurer of its ”AAA” rating May 31, 2005 – AIG says it has overstated its net income by $3.9bn over the last five years....
...But the agencies, as publicly traded companies, are necessarily cautious about credit risk in the current housing market....
...Mark Fleming, director of economics at First American CoreLogic, a research provider, says that while reported loan-to-value ratios for many subprime mortgage pools had been around 100 per cent, the existence...
...Their first child, Valerie, was born eight months ago....
...Mr Cuomo last week sued the real estate appraisal unit of First American, the biggest US title insurer, accusing it of inflating home values under pressure from WaMu....
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