Hints and tips:
...Blackstone merged its credit and insurance investment operations in September in preparation for a push into asset-backed lending markets, Gray and co-founder Stephen Schwarzman have told shareholders....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...The UK’s Takeover Panel, which oversees local deal activity, has named Barclays’ co-head of M&A for Emea Omar Faruqui, as its director-general....
...And it’s this idea that in an inflationary period, companies use inflation, in a general inflationary environment, as a co-ordinating mechanism, as a way to all raise prices together....
...In this version of London, Soho House members club has turned Richard Rogers’ former Lloyds Insurance building into a multistorey, 24-hour nightclub....
...As the summer wore on, Black discussed Ganieva’s demands with a private investigator from Nardello & Co, and with Epstein....
...As always you can reach me at sid.v@ft.com....
...As ever, drop me a note at sid.v@ft.com if you’ve got thoughts and ideas for upcoming Future of Money newsletters....
...You can reach the fintechFT team at Imani.Moise@ft.com or Sid.V@ft.com. Your thoughts and suggested topics for coverage are always welcome. Thanks for reading....
...The co-ownership model means less competition for single family homes....
...As ever, send your thoughts, queries and philosophical riddles to Imani (imani.moise@ft.com) or me (sid.v@ft.com). Happy reading!...
...Ethereum co-founder questions economics of rival Solana Joseph Lubin, co-founder of the Ethereum blockchain struck out last week at fast-growing competitor Solana....
...The responses point to higher fuel and utility bills, rising National Insurance and business taxes, supply chain disruption and the combination of higher wages and labour shortages....
...In the health insurance sector, Oscar Health, a company co-founded by Joshua Kushner (brother to Donald Trump’s son-in-law Jared Kushner), has lost more than 70 per cent from its market value since investors...
...“Everyone now expects that remote working will be a thing that will stay,” said Aidan O’Kane, IT director at Allstate Northern Ireland, a US insurance company based in Londonderry, and co-chair of the Cross...
...As ever, feel free to reach out to us at Imani.Moise@ft.com or Sid.V@ft.com Happy reading! Join us on April 26-27 for the FT’s first Crypto and Digital Assets Summit....
...Chinn remains co-chairman of the recently launched machine-learning platform, LiveArt, a separate business to AIG....
...“I’m not saying I can beat Allstate,” Wand says, referring to the 89 year-old, $35bn market cap insurance group....
...UBS has appointed Oliver Gaunt and Abudy Taha, managing directors on its leveraged finance team, as co-heads of leveraged finance for Emea....
...It’s an approach that has won them project commissions from a range of institutions, including the V&A, as well as governments and business leaders....
...Slovakia’s prime minister said he was ready to stand down to defuse a crisis over his decision to purchase Russia’s Sputnik V vaccine, which has not been approved by Europe’s regulator....
...(BBG) Diversity push Companies usually choose big-name banks like JPMorgan, Bank of America and Citigroup for bigger roles on bond deals — but the insurance company Allstate has hired solely banks owned...
...“This is not KKR becoming an insurance company,” the group’s co-chief operating officer Scott Nuttall, pictured, told investors on Wednesday. He’s right....
...Russia is seeking to manufacture its Sputnik V vaccine in Italy to meet a surge in overseas contracts....
...He said he was “impressed with Kew’s leadership and focus on growing the firm — including its expansion into credit and insurance”....
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