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Apollo Global Management LLC
Apollo sells stake in asset-backed lending unit to insurer MassMutual
...The pair had partnered in a multibillion-dollar unsolicited takeover attempt of annuity specialist American Equity Investment Life, which the latter fended off....
April 24, 2024
Private equity
BC Partners sells IT group Presidio in sign of thaw for private equity deals
...The company was bought by US buyout group American Securities in 2011 before Apollo agreed to acquire it in 2014....
April 2, 2024
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
News in-depthChinese politics & policy
China sidelines its once venerated central bank
...The chairs of some state banks, such as Liao Lin at Industrial and Commercial Bank of China, Gu Shu from Agricultural Bank of China and Cai Xiliang from China Life Insurance, now also outrank Pan in the...
December 25, 2023
Gillian Tett
Companies must rethink how they handle cyber risk
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
April 18, 2024
FT Swamp Notes
Tyler Cowen: Why we will learn to love AI Premium content
...How much are you now using AI in your work, and life?...
April 19, 2024
US & Canadian companies
Delta offers rare shelter from Boeing’s plane production crisis Premium content
...pan.yuk@ft.com...
April 10, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
FT MagazineJancis Robinson
Napa Valley is California’s wine barometer, an expensive one
...They are even allowed to sell their French wines direct to American consumers....
April 20, 2024
ObituaryFinancial services
James Robinson III, American Express executive, 1935-2024
...That’s when he got a call from James Robinson III, who was then the chief executive of American Express and the biggest power broker on Wall Street....
March 21, 2024
ReviewNon-Fiction
Dogland — behind the scenes at the Westminster Dog Show
...and subscribe to our podcast Life & Art wherever you listen...
April 3, 2024
The Oscars 2024: all you need to know
‘American Fiction’ and real-life publishing’s attitude to race
...Diana Evans is the author of ‘A House for Alice’ and ‘Ordinary People’ Join our online book group on Facebook at FT Books Café — and subscribe to our podcast Life & Art wherever you listen...
January 26, 2024
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...Leqembi slowed cognitive decline by 27 per cent compared with the placebo group in a phase 3 trial....
April 22, 2024
Inside BusinessKana Inagaki
Dai-ichi Life’s unsolicited bid marks milestone for Japan M&A
...“But Dai-ichi Life is clearly on the conservative side and people will look at it and say that’s Japan Inc. It’s great news for M&A in Japan.”...
December 13, 2023
Baring Asset Management Ltd
Barings sues Nomura-backed private credit firm over ‘one of largest corporate raids’ in years
...Corinthia said that Weightman’s only link to the group was a previous relationship with Wheeler....
March 18, 2024
House & Home
What is causing the growing divide in the US property market?
...Including mortgage payments, mortgage insurance and property taxes, he pays $3,500 per month more today than what he spent on rent at the family’s last home....
March 15, 2024
FT Magazine
Inside the Arctic Circle’s thriving dinner party scene
...Life at Tarandus is dictated by the habits of the animals....
April 20, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
The Art Market
Sotheby’s set to make record for Surrealist Leonora Carrington
...The work has been in the same American collection since 1995, when it was bought for $475,500, and is re-offered, guaranteed, in New York next month....
April 18, 2024
ObituaryAdy Barkan
Ady Barkan, American healthcare activist, 1983-2023
...Though the activist urged Flake to “be an American hero” and “save my life”, ultimately the senator voted in favour of the bill....
November 10, 2023
ExplainerMaritime accidents and safety
The Baltimore bridge disaster: what happened and who will pay?
...group, and then reinsure losses above that at Lloyd’s of London....
March 27, 2024
News in-depthCovid-19 vaccines
Covid vaccine makers to clash in London over mRNA patent dispute
...BioNTech and Pfizer have described a similar patent filed in the US as “unimaginably broad” in American proceedings....
April 22, 2024
HTSI
Jon Kung, the self-taught chef who went viral
...“I want to expand that conversation to different ethnic groups. I want communication between the rest of us: the Chinese Americans, Nigerian Americans, Mexican Americans....
October 2, 2023
LexPan Kwan Yuk
The Lex Newsletter: US banks brace for more paper bond losses Premium content
...Pan Kwan YukLex writer...
October 11, 2023
Disrupted Times
Brussels blasts Big Tech
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
March 25, 2024
Energy sector
Anything can be a PFASt-growing industry
...- SJW Group (SJW) has estimated that PFAS compliance will cost $170-190M over the next three to five years....
January 24, 2024
FT Globetrotter
A voyage across culinary India — in Tokyo
...Executive chef Sovani is a great catch for the group that owns the restaurant: he was an award-winning rising star at the Oberoi group of hotels in India....
March 25, 2024
Inside BusinessAndy Bounds
Business worries EU directive on consumer protection will leave them exposed
...The PLD impact assessment estimated annual payouts from the reformed system could reach €217mn and insurance costs for companies rise around 10 per cent....
April 3, 2024

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