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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....
...US watchdogs have said capital requirements for global systemically important banks (G-Sibs) would rise by an average of 19 per cent under the proposals....
Citadel Securities attacks Devin Nunes after letter to Nasdaq raises concerns over naked short selling
...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....
...In terms of revenue synergies, the enlarged group should benefit from product cross-selling (e.g. through Mondi’s plastics production and related products), product innovation (combining respective IP built...
...Additional reporting by Peter Campbell and Claire Jones Letter in response to this article: Baltimore disaster must address totality of risks / From Richard G Little, Visiting Research Scholar Industrial...
...L&G said that it had written £13.4bn of pension transfer business globally so far this year....
...“The big story is AI,” said Kenneth Lamont, senior fund analyst for passive strategies at Morningstar....
...Currently, the building has an energy rating of E, in an official range where A+ is best and G is worst. It did not disclose the terms of the deal....
...L&G’s retail business was also “bolstered” by rising individual annuity sales....
...To be fair to Kenny G, his position is more nuanced than this quote would suggest (even if we think there’s an element of Rorschach’s “you’re locked in here with me” vibe here)....
...“We are expecting a similar number of large transactions to close in the second half of the year,” L&G said....
...Thongs and protruding G-strings became associated with raunch culture. Being “sexy” felt oddly taboo....
...In the early 1970s, Barbara T Smith, along with 10 of her fellow graduate students at UC Irvine — including Chris Burden and Nancy Buchanan — founded F Space to create, as Smith says, “space for the artists...
...“Investors have always worried about government debt and it’s never been a problem, but this time it feels like it’s for real,” said Jim Leaviss, chief investment officer of public fixed income at M&G Investments...
...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....
...Based on new research by Kenneth Rogoff, Barbara Rossi and Paul Schmelzing, it’s a powerful argument for technology and modernity making money cheaper....
...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....
...Barr also said he planned changes around a capital surcharge currently applied to the so-called global systemically important banks (G-Sibs)....
...“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...
...Last week, two other former Trump lawyers, Sidney Powell and Kenneth Chesebro, accepted plea deals rather than stand trial in the sweeping conspiracy case....
...(Reuters) — Kenneth Griffin’s Citadel marked record revenues in its hedge fund and electronic-trading businesses for 2022 despite turmoil in global capital markets, a source familiar with the matter said...
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