Hints and tips:
...In contrast, domestic mutual funds, pension & insurance funds, households and foreign investors were all net sellers, albeit the amounts were not large....
...Groups including Apollo, Blackstone, Carlyle and KKR have flooded into insurance since the global financial crisis. How to curb basis trade risk?...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...For Quilter, that task has arguably been complicated by the need to build its profile following its 2018 spin-out from Johannesburg-headquartered financial services giant Old Mutual....
...Not everyone will want to be locked in a monetary union with countries like the Netherlands, whose prime minister is ideologically opposed to mutual risk-sharing....
...From what we see,the company’s current approach to fixed-cost allocation is completely appropriate, but the effects are magnified by effectively being a one-product company....
...Equity, bond and credit mutual funds all had material outflows this week while money market funds had the biggest inflows on record, at $137bn....
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
...Among the authors’ suggested metrics to pay more attention to are company values and workforce morale. You can read more here....
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...estate and hotels, as well as insurance and financial services”....
...For this, Charles Dickens, the creator of a famous fictional legal battle — Jarndyce v Jarndyce — might be responsible....
...There is, for instance, no such provision for commercial banking or primary insurance. Some argue these gaps would need to be filled for the mechanism to be a credible option for the UK....
...When you see that the parent company is all over the place, it is very hard to attract money.” “Morale is not great,” adds a former senior Deutsche AM employee who left the company earlier this year....
...As a consequence, team morale was low, says Mr Patterson, and the opportunity of exploiting further digital advances was largely being missed....
...Other poor investments in TPG V include Washington Mutual, and the former TXU, now renamed Energy Future Holdings, the largest buyout ever, which filed for bankruptcy protection in April....
...Founded in 1918, TIAA-CREF started out offering pension services as the Teachers Insurance and Annuity Association of America....
...“Very often there are technicalities which are the beginning of a failure, for example missing dates or signatures on mutual legal assistance requests,” says Rudolf Wyss, Switzerland’s former head of mutual...
...The second would allow employee-owned companies to pay staff an annual bonus free of income tax and national insurance....
...Six months later the bank failed and the Federal Deposit Insurance Corp, the regulator, sold WaMu to JPMorgan....
...Credit to small businesses is currently rationed as tightly as lamb chops after V-J Day. But Shawbrook boasts it will double commercial lending in 2013, albeit from a low base....
...and Fukoku Mutual Life Insurance are among the companies shortlisted to buy a minority stake in Indonesia’s Panin Life for about $200 million, sources said. http://reut.rs/UqGs3l China snubs Norway in...
...“Growing trusts, investments and insurance is the number one strategic initiative for Wells Fargo,” he says. “We are following our customers....
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