Hints and tips:
...selling that company’s stock....
...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...
...As the US Federal Reserve has raised interest rates, the funds have offered investors rates well above those that banks pay....
...Management of the digital payment system could then be handed over to technology companies....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...JAB has acquired stakes in two companies from Fairfax, taking over its interests in Crum & Forster Pet Insurance Group and Pethealth in a deal announced on Monday....
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...But I do know that had SVB been allowed to fail in the sense that it’s depositors have been left with nothing or they’d only been left as much as the federal insurance covers them for, then the crypto industry...
...Insurance companies and pension funds can use these bonds to hedge their annuity and pension liabilities. Their tax treatment is the same as for other government bonds....
...The letter from two of the most influential liberal lawmakers in Congress with oversight over Wall Street comes as the Fed, the Federal Deposit Insurance Corporation and the Office of the Comptroller of...
...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...
...Markets The Bank of England’s quantitative easing programme has made it the biggest holder of UK government debt (gilts), overtaking overseas investors and pension and insurance companies....
...It said companies were facing challenges bringing staff back to work, because of health concerns, the difficulty in obtaining child care, and “generous unemployment insurance benefits”....
...I see no signs of a fast, V-shaped recovery in the advanced world. There will also be big changes from the acceleration of the digital and automation revolution....
...They should also sell exposure to companies that will find it hard to rebound fully in the post-crisis world, and buy beneficiaries of what are likely to be durable themes: opting more for self insurance...
...There has been a huge corporate borrowing binge over the past decade, which has left many companies vulnerable even to a garden-variety recession....
...A global financial system loaded up with debt denominated in the reserve currency needs the relief valve of a weaker US dollar....
...said Jörg Asmussen, a former ECB executive board member who is now head of Germany’s insurance association. “Is it temporary? How many months before a V-shape recovery starts?”...
...a series of additional scandals in its mortgage, auto insurance and wealth management divisions....
...Whether US companies can withdraw from China under presidential duress is another matter....
...(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...
...“It is,” replied Tim Sloan, the bank’s CEO....
...On the journey across the border, patients who have never met before share similar war stories of battling with insurance companies....
...Rotork has the single largest exposure in our coverage (~50% v 60% in 2014 though)....
...The company is expected to outline changes to software that controls a system designed to automatically prevent a mid-flight stall....
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