Hints and tips:
...kadhim@ft.com / sid.v@ft.com...
...“The Visitors”, a 2012 installation and video piece featuring a group of musicians strumming and ruminating on life at Rokeby (a historic estate in New York State’s Hudson Valley), has been critically acclaimed...
...group’s financial arm....
...The group is chaired by an official at BASF, the world’s biggest chemicals company....
...A V-shaped recovery in kneecaps isn’t in the price, they say....
...Oil group BP swaggered with greater assurance than the chancellor....
...The Trump administration’s promised tax revolution has also triggered a corporate civil war between importers (such as Walmart) and exporters (such as GE) in the US....
...MetLife argues that life assurance was not the cause of the financial crisis and existing state-by-state regulation is onerous enough....
...Such arguments were given more weight this month when MetLife set out a plan to divest large chunks of its life assurance business, citing the Sifi regime....
...Media companies will increasingly become tech companies. At the FT, we want to be in the vanguard of change....
...sale of its deposit taking business to GE Capital....
...“The industry should strive to attract talent from outside – it’s healthy,” says Tim Breedon, chief executive of Legal & General, the FTSE 100 investments and life assurance group....
...in the country - Multinational miner is to spend $2.7bn to complete the modernisation of Kitimat, a 60-year-old smelter in British Columbia, by 2014 - GE and Rolls-Royce abandon F-35 engine...
...financial officers with no previous experience to run the books of a complicated insurer – particularly in life assurance....
...The life assurance group is not the first to make the move. Pernod, GE and BMW are among those that got there first, while on the FTSE 100 BAE Systems was quick out of the blocks....
...defence to combat VAT - Enel sets price range for green unit IPO - Gulf Keystone raises $175 million for Iraq project - ACS seeks capital boost for Hochtief bid - Biocompatibles delays Novabel relaunch - GE...
...For example, Ernst & Young, the assurance, tax and advisory services group, launched an investment programme this year to expand and co-ordinate its practices across the continent....
...“But they gave us assurances that wouldn’t happen....
...Dexia was up for a second day after it was reported on Thursday that BNP Paribas had made a formal offer for the Franco-Belgian insurance group’s French life assurance business....
...Life assurance companies were subjected to stress tests earlier this year, the City watchdog confirmed for the first time on Tuesday, although analysts were underwhelmed by the amount of stress involved....
...There are two components: (i) cash; and (ii) stocks and shares, and life assurance policies....
...In a December 5 presentation – the subject hastily changed from life assurance to AIG’s mortgage exposure – Mr Sullivan insisted the situation was “manageable”....
...Deutsche made its first foray into the closed life market last year when it bid for GE Life, the UK life assurance arm of General Electric....
...To participate in the scheme companies must be either trading companies or holding companies of trading groups and must have gross assets (for the company or the group as the case may be) no greater than...
...Tomorrow is the new business part of GE Life which Swiss Re, the global reinsurance group, acquired last year....
International Edition