Hints and tips:
...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!...
...of products like mutual funds....
...Businesses in the sector are now looking at the option of creating their own “captive” insurance companies — a prospect that has sparked alarm among some activists and investors....
...But equally important are the public investments — stakes in companies such as Apple and Bank of America — that make Berkshire more akin to a mutual fund than a regular business....
...The primary purpose of a discretionary stimulus should be to ensure that the recovery is V-shaped. But there are a number of reasons to fear that the recovery will peter out....
...And KBW repeats a “market perform” rating and €120.00 price target on Wirecard, a payments processing company.: WDI announced this morning that CEO Markus Braun has resigned, effective immediately, in mutual...
...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....
...buying through the forecast downgrades based on a top-down forecast of modest earnings attrition in a V-shaped recovery scenario underpinned by central bank action and with balance sheets that are much...
...After that it will go to mutual-aid to share security across contracts or sub-contracting through a competitor to be able to execute on the contract. ......
...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....
...The story so far: Covéa is a mutual insurer with an 8 per cent stake in Scor, a big reinsurance company with a market capitalisation of over €7bn....
...Sensible enough to cancel the dividend and mount a £700m rights issue, we thought, as shares tumbled 47 per cent....
...He said: “Capital markets are in London not because of Barclays, not because of JP Morgan, not because of Goldman Sachs, they are here because the investors whether its insurance companies, pension funds...
...estate and hotels, as well as insurance and financial services”....
...Several Japanese insurance companies including the National Mutual Insurance Federation of Agricultural co-operatives, Nippon Life, Daido Life and Dai-ichi Life also hold substantial ETF investments....
...The situations where a non-professional might be asked to be a trustee include cases where someone had been advised to put a life insurance policy into a trust....
...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....
...AIG’s connection with Stowe dates back to the 1940s, when company founder Cornelius V Starr was a frequent visitor....
...When Mr Mirchi decided to see a doctor, he was quickly ushered from an urgent care facility to the emergency room at Mount Sinai St Luke’s Hospital in midtown Manhattan....
...(FT) Regulators, mount up Anbang Insurance Group and local competitors are being examined by China’s insurance regulator as concerns grow about the sector’s aggressive investment policies....
...If the banks and insurance companies get into trouble, the model could collapse. So this is not about a philosophical disagreement over the goals of monetary policy....
...Hedge funds, asset managers, pension funds, insurance companies are looking at ETFs alongside futures and swaps to determine the best economics for their strategy.”...
...But one ABI member, the Royal London Group, the UK’s largest mutual insurer, branded the safeguard a failure....
...However, BlackRock and Vanguard have used aggressive price cuts to mount a sustained assault on the dominant position of SPY, which contributed to almost half of the new money flowing into State Street’s...
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