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...It is a return to Lloyd’s for Brindle, whose career includes founding London-listed Lancashire in 2005....
...A new model would enable Lloyds to “move at greater pace” with clearer roles and responsibilities, he said....
...Lloyds Banking Group is to be the lead investor in a £62mn fund that will back community development finance institutions, becoming the UK’s first high street bank to support the not-for-profit lenders that...
...A person familiar with the situation said the bank has closed Pisco’s account. Another PCC front company in the UK is Aria Associates, which has an account with Lloyds....
...Additional reporting by Richard Milne...
...UK insurer Aviva’s return to Lloyd’s after a two-decade absence is a vote of confidence....
...Lloyd’s benefited as a mixture of the Ukraine war, inflation and climate risks sparked a significant repricing of reinsurance contracts....
...US defence secretary Lloyd Austin has spoken to his Chinese counterpart for the first time, in the latest effort to ease tensions between the militaries since President Joe Biden held a summit with Xi Jinping...
...The performance was helped by a quiet year for hurricane claims as well as a rapid run-up in reinsurance prices over the past 18 months. For more on Lloyd’s, click here....
...As things stand, Lloyds will pay down to a CET1 of 13.5 per cent this year....
...Lloyds Banking Group owns Black Horse, the UK’s largest motor finance provider. Lloyds announced the provision on Thursday alongside its fourth quarter results....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...Aviva is to return to the Lloyd’s of London specialist insurance market for the first time in more than two decades after it announced the £242mn acquisition of Probitas....
...Aviva said Lloyd’s, a centuries-old market selling specialist insurance and reinsurance covering everything from cyber attacks to hurricanes, was a “major source of untapped growth” for the FTSE 100 group...
...Richard Armitage is a former Republican deputy secretary of state, not a former secretary of state as incorrectly stated in an article on January 11....
...Richard WolframOld Greenwich, CT, US...
...Maersk had already announced 10,000 job cuts and an operational partnership with Germany’s Hapag-Lloyd in an effort to trim costs....
...Lloyds and Santander UK provided accounts to British front companies secretly owned by a sanctions-hit Iranian petrochemicals company based near Buckingham Palace, according to documents seen by the Financial...
...Lloyds, which is seen as a bellwether for the UK economy, said mortgage arrears had been “relatively stable” despite a slight increase at the start of the year, mainly linked to loans given between 2006...
...Lloyd concentrates on those in charge to tell his complex story. They are a mixed bag....
...McCreesh lays out much of the choral music with amplitude and captures a very English feeling of sanctity in this wide-ranging score, which brings Anglican chant and anthem into a fruitful embrace with Wagnerian...
...remain in the Richard Rogers-designed building until 2040....
...In 1992, Windsor Castle was struck by a fire caused by a spotlight sparking a blaze on a set of curtains....
...richard.waters@ft.com...
...December surgery, he wrote in a memorandum to the Pentagon dated on Wednesday....
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