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...The notice to regulators comes five weeks after A-Cap’s chief executive, Kenneth King, announced plans to raise up to $400mn of new capital following a credit rating downgrade by AM Best....
...Simões, who joined the business from Santander, replaced Sir Nigel Wilson, L&G’s chief of more than a decade....
...L&G declined to comment....
...A-Cap chief executive Kenneth King late last month told insurance agents that AM Best’s downgrade was unwarranted....
...L&G said that it had written £13.4bn of pension transfer business globally so far this year....
...The fund’s other top holdings include Microsoft, L’Oréal, and luxury goods company LVMH....
...“The big story is AI,” said Kenneth Lamont, senior fund analyst for passive strategies at Morningstar....
...L&G’s retail business was also “bolstered” by rising individual annuity sales....
...Shepherdson argues that declining S&L tax revenue augurs poorly for future S&L spending, as this chart shows: It’s a reminder to investors that markets are sensitive to changes, not levels....
...“We are expecting a similar number of large transactions to close in the second half of the year,” L&G said....
...Under Shane Smith, Vice expanded into a new media empire. The Verge explores how it all came crashing down. Newsletters have been touted as the possible successor of newspapers....
...Chaumet gold and diamond L’Épi de Blé de Chaumet ring, £10,200. Saskia Diez sterling-silver Long Star earring, €105 for a pair Paul Smith silk shirt, £425, and matching silk tie, £110....
...Based on new research by Kenneth Rogoff, Barbara Rossi and Paul Schmelzing, it’s a powerful argument for technology and modernity making money cheaper....
...In an updated prospectus, Birkenstock said that it would sell stock at between $44 and $49 per share, which would raise up to $1.6bn for the company and its private equity owner L Catterton....
...Jenna Ellis and Kenneth Chesebro, two former Trump campaign attorneys, also pleaded guilty....
...L&G’s shares fell more than 2 per cent following the news, against a broadly flat FTSE 100 index....
...The top five contributors to the fund’s performance last year were Meta Platforms, Microsoft, Novo Nordisk, L’Oréal and IDEXX Laboratories....
...paulsmith.com Gucci raffia GG Marmont shoulder bag, £1,760, matchesfashion.com Guess Originals viscose-mix GO SOPHIA jumper, £30, overkillshop.com Aurélie Bidermann gilded oyster turquoise Alicanta ring, €250 L’...
...Like bigger peers such as L&G, Just has a record pipeline of such deals in what is expected to be a record year for the market....
...After all, as Anne L Murphy writes, these are qualities earned over centuries....
...“Encore de l’audace, toujours de l’audace!” as the French revolutionary Danton put it....
...Tier lll includes schools from BI Norwegian Business School, ranked 39th, to the University of Glasgow: Adam Smith, ranked 77th....
...“We’re in a situation where the China-US relationship is in a period of tension we haven’t seen for 40 or 50 years, and [the IMF and World Bank] are caught in the middle,” says Kenneth Rogoff, who used to...
...jumper, €110 Private White VC Ventile cotton Harrington 3.0 jacket, £595 Michael Kors metal-frame Pierce sunglasses, £170 Luca Faloni leather bag, £725 Crockett & Jones suede Chelsea 5 boots, £470 L’...
...Last week, two other former Trump lawyers, Sidney Powell and Kenneth Chesebro, accepted plea deals rather than stand trial in the sweeping conspiracy case....
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