Hints and tips:
...The firm collapsed in March 2021 after it failed to renew its insurance cover....
...Former Morgan Stanley banker Sadek Wahba’s I Squared Capital is worth billions....
...Its $155bn market capitalisation is also larger than Morgan Stanley or Goldman Sachs....
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
...But hospitals, insurance companies and others are creating roles to navigate and harness the disruptive technology, The New York Times writes....
...It bought out a remaining 37 per stake in insurer Global Atlantic for $2.7bn and reorganised its operations to focus shareholders on the long-term growth of its fee-based earnings, and insurance and investment...
...Insurance companies like Prudential, MetLife and Allianz may push deeper into the alternatives market by striking investment partnerships with large private capital groups, or by acquiring them outright....
...News round-up General Atlantic takes first step towards potential US listing (FT) Cigna pulls out of blockbuster deal to create insurance giant with Humana (FT) Occidental Petroleum agrees $12bn deal...
...Kirkland & Ellis has poached Linklaters tax partner James Morgan in London....
...The insurance sector has become enmeshed in the climate culture wars, Kenza reported yesterday with the FT’s insurance correspondent Ian Smith....
...Travellers, meanwhile, was an insurance company that also had an investment banking arm. SMITH BARNEY: Smith Barney. They make money the old fashioned way....
...In 2013, the private equity firm helped Michael Dell take his technology company private for a bargain, then later basked in tens of billions in profits....
...He’s set to join private equity firm General Atlantic as a senior adviser. Covington has promoted 13 lawyers to partnership....
...If El Niño brings drier days to Australia, it might benefit the country’s big insurance companies....
...Job moves Morgan Stanley boss James Gorman plans to step down within the next year....
...The price of the bank’s five-year credit default swaps — derivatives that act like insurance and pay out if a company defaults on its payments — climbed from below 150 basis points on Wednesday to 200bp...
...insurance....
...General Atlantic has named HSBC veteran Samir Assaf as chair of the Middle East and north Africa....
...The problem is, a lot of risk appears to have shifted to less regulated parts of the financial system, namely asset managers, insurance companies and pension funds....
...Rio Liu, a Beijing native and general manager of a domestic liquor company, is emblematic of the challenges now facing many in China’s middle class....
...Wynaendts retired as chief executive officer at Dutch insurance company Aegon last year after a 12 years in the role....
...The details of the correspondence emerged in the claim by Tata, which is suing three of Gupta’s companies — Liberty Specialty Steels, Liberty House Group and Speciality Steel UK — over the partial payment...
...Feel free to drop me an email at sid.v@ft.com. Why does SEC chair Gary Gensler have a YouTube show?...
...Greensill Capital went from nothing in 2011, when Lex Greensill abandoned a big-bank career, doing global supply chain financing at Morgan Stanley and Citibank, to go it alone....
...two weeks ago announced a merger with its insurance affiliate, Athene....
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