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!...
...“These settlements fully resolve the US governmental investigations of the Structured Alpha matter for Allianz,” the insurance group said....
...Barings is a subsidiary of MassMutual, the US insurance company that happens to be Invesco’s largest shareholder....
...It has become a digital supermarket of others’ offerings, letting users buy on credit, invest in mutual funds and find insurance through established players....
...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....
...If you missed it, this long read by our media correspondent Anna Nicolaou charts the drama of The People v Harvey Weinstein trial....
...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....
...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....
...But then Bogle made a fateful mistake, merging Wellington with an aggressive young mutual fund company in Boston....
...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....
...Mark Tinker, head of Framlington Equities Asia at Axa Investment Managers, says: “For the world’s largest pension funds and insurance companies desperate to match assets and liabilities, there is almost...
...There is palatial loot from Benin and Mysore but also nature studies by miniature painters such as Shaikh Zain ud-Din employed by East India Company and other patrons....
...Even the lack of electric starter can be solved — one French company makes the delightfully named “jambe électrique”....
...Banks complain that they need more usable cyber threat information from regulators....
...Hospitals and insurance companies are bracing for a shock should federal subsidies dry up. Though many of them initially opposed Obamacare, they are now flocking to help the government defend it....
...The largesse of Lomas Company morticians specialise in telling creditors how few pence in the pound they will receive....
...“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...
...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...
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