Hints and tips:
...Future of Asset Management North America Hosted by the Financial Times, in collaboration with Ignites and FundFire, Future of Asset Management North America is taking place on September 27-28 at etc.venues...
...The designation would hinge on FSOC’s determining that “material financial distress at the company, or the nature, scope, size, scale, concentration, interconnectedness, or mix of the activities of the company...
...Our insurance team’s favorite life companies are Prudential and ASR We remain overweight of P&C Defensive: The sector should be agnostic to the cycle (having no correlation with HY spreads and PMIs) yet...
...reach of Prudential’s offering in the region....
...The insurance company, which along with the likes of Lehman Brothers and Bear Stearns came to symbolise Wall Street recklessness when taxpayers bailed it out in 2008, will no longer be considered a threat...
...The proposal is the product of the Dodd-Frank Act of 2010, which gave the Fed regulatory responsibilities both for insurance holding companies that own a federally insured bank, and for insurance companies...
...International Group and Prudential Financial....
...The other big insurer on the “too big to fail” list is Prudential Financial....
...“It’s a delicate balancing act they [the Fed officials] have to figure out,” says Gregory Peters, a bond fund manager at Prudential....
...The largest US insurance company by assets on Wednesday squared off against government lawyers as it challenged its designation as a “systemically important” financial institution, or Sifi, in a federal...
...“It’s a pretty sizeable reassessment,” said Gregory Peters, a bond fund manager at Prudential, the US insurance company. “It’s pretty bullish for sentiment and it’s much more dovish than I anticipated....
...Last week, the House approved legislation that contained several Dodd-Frank tweaks, including allowing regulators to form tailored capital rules for insurance companies overseen by the Federal Reserve, and...
...And in exchange they could get lender of last resort in extremis. They are essentially paying for the insurance for themselves. You don’t want to provide the insurance for free....
...originating on the balance sheets of mutual funds, insurance companies and pension funds....
...“The council has developed a robust process for evaluating whether a non-bank financial company should be subject to board of governors supervision and to enhanced prudential standards,” according to a fact...
...… Grounded in US The various jabs on Tuesday night by BA chairman Sir Martin Broughton on his favourite topic of overbearing US airport security checks included the story of a woman at O’Hare airport...
...The author is co-editor of NYU Stern’s forthcoming book ‘Regulating Wall Street’ , John Wiley & Sons. Email Viral V Acharya...
...company....
International Edition