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...The BoE’s guidance also indicates that, where a bank has more than 5,000 retail and small company customers, it may also need to set up a subsidiary....
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...Another change enables special administrators to transfer the water company’s assets to a subsidiary and then sell the shares in that subsidiary....
...The most famous chess match of all time Bobby Fischer v Boris Spassky in 1972, still casts its echoes....
...The V&A’s new show, Tropical Modernism, revolves around this odd confluence....
...Indeed, UniCredit will probably buy back and consolidate its insurance businesses, at present held within joint ventures with insurance companies....
...The transport companies were so busy moving art, they ran out of trucks.” If Germany wants this art back, “the law should be scrapped,” says Blau....
...That’s because a subsidiary would have more than half of Altice USA’s voting rights, whereas a merger directly into the parent would mean voting rights are distributed among Charter’s many shareholders....
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...As Sonali Basak pointed out on Bloomberg last week, if the assets are held within insurance-company subsidiaries, insurance regulators will have visibility, and there will be some required disclosures....
...Phillip HawleyLa Jolla, California, USA...
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...For Dai-ichi Life, acquisition of Benefit One would come as it explores other revenue channels to counter a shrinking insurance market at home....
...Anne Gunning (1929-90) is sometimes referred to as one of the first “supermodels”; the Briton was a staple of Life magazine and Vogue, photographed by Norman Parkinson or Milton H Greene....
...The data is not comprehensive, but covers profits from subsidiaries with FDIC-insured deposits. Profits were dragged down by one-off charges linked to last year’s regional banking crisis....
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...In reality, “a lot of them ended up at the V&A”....
...Barings, a subsidiary of US life insurer MassMutual, filed on Monday for a temporary restraining order and preliminary injunction against Corinthia Global Management in a North Carolina court....
...Victoria, a more than 120-year-old carpet company, has transformed itself over the past decade through a series of acquisitions....
...The company allegedly violated Swiss rules through its use of subsidiaries abroad, the attorney-general’s office said, declining to identify the group or sector involved....
...It could involve smoothing out production pressures between companies more efficiently; or making sure Toyota has more oversight over the engineers and the factory floor at its subsidiaries; or something...
...The subsidiary was seized and placed under “temporary management” by local authorities in July, not long after Carlsberg announced it had found a buyer for Baltika....
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