Hints and tips:
...Ever since, the promise of eye-watering returns has enticed pension plans, endowments, insurance companies, private banks and business tycoons to pump $5tn into the industry....
...The company controls about 8 per cent of US mutual and exchange traded fund assets. In a sea full of predators, Capital is like a whale shark: slow-moving, friendly and enormous....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...Moral Money took a look at MSCI’s ESG scores for the Dow 30 companies. Sixteen companies’ ESG scores increased and four companies’ scores went down....
...American International Group, the insurance company that was a pioneer in the business, has made billions of dollars in profit out of housing tax credits, according to a lawsuit filed in 2017 by several...
...“The world has turned the corner on tobacco....
...Few have benefited more than Ping An Technology, a subsidiary of the giant Ping An Insurance whose 2018 revenues totalled more than Rmb1tn....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...“The idea that giant insurance companies that are accustomed to buying individual bonds or derivatives are now beginning to use ETFs as core parts of their portfolios, that is totally new and we are starting...
...The bank bulked up during the crisis by taking over the collapsing Bear Stearns and Washington Mutual....
...In the age of the PC, it was all about Intel v Advanced Micro Devices, with the former supplying processors for four out of five computers sold and AMD mopping up most of the remainder....
...US court told PwC cut corners in Colonial audit Control+C, Control+V....
...Courtside seats Alphaville recently met with Mr French at Fantex’s offices, which are fittingly just around the corner from a sports stadium, AT&T Park, home of the San Francisco Giants baseball team....
...Other poor investments in the TPG V fund include Freescale, the semiconductor maker in which four private equity firms jointly invested, and Energy Future Holdings, now valued at 5 cents on the dollar....
...and Fukoku Mutual Life Insurance are among the companies shortlisted to buy a minority stake in Indonesia’s Panin Life for about $200 million, sources said. http://reut.rs/UqGs3l China snubs Norway in...
...“Most bonds are owned by banks, insurance companies and pension funds....
...It was, as US Federal Reserve chairman Ben Bernanke noted, a giant hedge fund perched on top of an insurance company....
...As co-ordinating counsel to the US bank, which bought much of the collapsed mortgage giant Washington Mutual in 2008, Cravath argued that would-be plaintiffs should be limited to those that actually bought...
...Lewis attempted to apply pressure through Kolhberg’s investors, including insurance giant Prudential and the midwestern bank First Chicago....
...Through daring acquisitions the two men and a small cadre of allies built Commercial Credit, a little-known lender they joined after leaving Amex, into the insurance and investment banking giant Travelers...
...Large insurers such as MetLife, which was the only insurance company included in the government’s stress tests, could also see the centre of regulatory gravity move away from state authorities towards federal...
...To make matters worse, AIG, the insurance giant once feared and respected in four continents, was crumbling under the weight of derivatives bets that had gone wrong and needed more than $20bn (€13.7bn, £12bn...
...“I think the bigger holders now of securitisations are insurance companies and pension funds.”...
...However, for an insurance conglomerate like AIG, or for a large financial holding company that owns many subsidiary companies, these rules do not apply....
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