Hints and tips:
...Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel are co-investing in the deal which closes on Monday....
...Wednesday led a deal to pump more than $1bn into New York Community Bancorp to rescue the US regional lender that quickly fell into financial trouble after acquiring Signature Bank from the Federal Deposit Insurance...
...The latest such move came earlier this month, when China’s insurance industry regulator lowered its designated risk level for domestic equities in an attempt to nudge normally cautious insurers to buy more...
...Narendra Modi’s government is expected to raise as much as $8bn from its initial public offering of Life Insurance Corporation of India, as it seeks to ramp up a privatisation drive crucial to financing...
Quarterly pre-tax profit almost doubles as global rates rise but shares fall on conservative outlook
...Ultimately, BEA agreed to sell only its life insurance unit to Asian insurer AIA for about $650m. This year, the activist fund told investors it was leaving Hong Kong....
...Eugene Weng, a lawyer at Shanghai-based firm Wintell & Co, said the airlines’ US listings constituted a relatively small part of their public floats....
...The announcements by state-owned groups including PetroChina, Asia’s largest oil and gas producer, and China Life Insurance Company, one of the country’s biggest state insurers, come as Beijing and Washington...
...As the summer wore on, Black discussed Ganieva’s demands with a private investigator from Nardello & Co, and with Epstein....
...Additional reporting by Hudson Lockett in Hong Kong...
...Kevin Rideout, co-head of sales and marketing at HKEX, said the exchange could extend the waiver for another six months without regulatory approval....
...Shares in insurance aggregator PolicyBazaar and beauty platform Nykaa have also rallied since their debuts earlier this month....
...Additional reporting by Hudson Lockett in Hong Kong and Song Jung-a and Kang Buseong in Seoul...
...Other committee members include China’s national banking and insurance regulator and the cash-strapped government of Hebei province, whose failure to pay China Fortune for work on infrastructure projects...
Bank’s biggest shareholder raises holding despite Sino-US tension
...Bayoh is an African-American entrepreneur, based in Irvington and neighbouring Newark, New Jersey, two mainly black areas just across the Hudson River from New York....
...Matt Staton, head of lettings at Berkshire Hathaway HomeServices Kay & Co, says many new renters in central London are pushing for longer-term tenancies to protect against rent rises post-pandemic....
...Works have been selected from the collection of British insurance company Hiscox, and the 44 artists represented include Joan Miró, Annie Leibovitz, Sarah Morris and John Baldessari....
...Barings is a subsidiary of MassMutual, the US insurance company that happens to be Invesco’s largest shareholder....
...The sell-off in shares of HSBC and Standard Chartered deepened during Asian trading hours, taking losses for each to more than 7 per cent over two days, Hudson Lockett reports....
...He previously co-led Lazard’s French unit and co-founded the French investment bank Messier Maris & Associés....
...Additional reporting by Hudson Lockett, Primrose Riordan, Sherry Fei Ju, Nian Liu and Yuan Yang...
...Investors have also welcomed signs of a more co-ordinated policy response by governments and central banks around the world....
...A couple scoops to start: US investment group Sixth Street is putting $500m into Convex, a commercial insurance start-up launched by industry veteran Stephen Catlin, the FT’s Oliver Ralph and DD’s Arash...
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