Hints and tips:
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Idexx said in October that the animal health market had experienced a “V-shaped recovery”....
...The Trump administration’s granting of state funding for (costly) COVID-19 testing for patients with no health insurance and Congress’s approval of a $8bn package to fight the spread of the virus bear out...
...That drained money from the commercial paper market, a major source of funding for the nonbank financial companies that had driven the growth of loans as they took market share from the ailing state-controlled...
...(FT) Chinese tankers defy Iran sanctions Maritime data provided to the FT suggests that tankers linked to China’s biggest state-run oil company are transporting Iranian crude oil in defiance of US sanctions...
...Here’s Jefferies: Given the current state of capital markets, in our view this is hardly the ideal time to begin an IPO process, especially for a company that provides 5% investment guarantees to customers...
...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....
...Liberty Mutual, the insurance company, which already works with Turo to insure the rented cars, is also investing in the fundraising round....
...Some are aiming to work with insurance companies to develop new techniques, but others want to disrupt the industry and grab a slice of the market....
...of the EU’s single market directives, to do business in other member states purely on the basis of their home state authorisation....
...insurance firms under supervision by the Fed due to their banking activities – the likes of State Farm Mutual Automobile Insurance and Nationwide Mutual Insurance – would be subject to lighter capital requirements...
...From “activist investors” to investment banks, from management consultants to asset managers, from high-frequency traders to insurance companies, today, financiers dictate terms to American business, rather...
...From Coppola: Indeed the whole idea of the “sharing economy” seems to be based not on the idea of working together to produce something for mutual benefit (the cooperative principle) but on millions of...
...Credit Karma offers access to personal loans, automobile loans and credit card deals, but is eyeing bigger markets such as student lending, insurance and mortgages....
...Pimco has been holding emergency conference calls and meetings with clients all week to introduce the three new managers of the $200bn fund, the biggest actively managed mutual fund in the world....
...“Very often there are technicalities which are the beginning of a failure, for example missing dates or signatures on mutual legal assistance requests,” says Rudolf Wyss, Switzerland’s former head of mutual...
...Six months later the bank failed and the Federal Deposit Insurance Corp, the regulator, sold WaMu to JPMorgan....
...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...
...Insurance & Annuity Assoc. of America (TIAA), and United Services Automobile Assoc....
...This is the country’s most popular tourist attraction and is South African owned once again; Growthpoint, South Africa’s largest property company, and the PIC each bought a 50 per cent share in the V&A for...
...The remaining £100m would remain on the company’s balance sheet....
...In the years that followed, automobile factories converted to making planes and tanks. Corset factories made grenade belts. A toy company made compasses....
...“I think the bigger holders now of securitisations are insurance companies and pension funds.”...
...Insurance companies, mutual funds and pension funds alone are estimated to have $80bn of exposure and the banking sector’s exposure is in excess of $200bn....
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