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...The US Federal Deposit Insurance Corporation is working on proposals aimed at ensuring asset managers do not seek too much influence over the banks in which they hold large stakes....
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...The firm has satisfied insurance regulators, aviation authorities, rating agencies and banks around the world, he notes: “There are people out there who find us credible”....
...It also means Vivendi, whose portfolio includes French pay-TV Canal+, advertising agency Havas and a stake in Telecom Italia, has more time to contemplate making a more radical change....
...Balance sheet aside, acquisitive First Citizens gets a shot at operating what was, until recently, the premier local bank in one of America’s most desirable locales....
...Title winners aren’t meant to be on the brink of financial ruin....
...Insurance head Gilles Dellaert will lead the combined unit while credit boss Dwight Scott will become chair....
...They needed their own training, insurance and vital equipment....
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...and HICP inflation rate data, plus Q2 unemployment rate Russia: preliminary Q2 GDP figures UK: preliminary Q2 GDP figures US: July producer price index (PPI) inflation rate data International Energy Agency...
...Aside from the central bank governor, among the most important was the nomination of a senior Xi associate He Lifeng, the former head of the planning agency, as vice-premier....
...Still, any media rights bidder or agency will gladly say that the cornerstone of a great live sporting event is the presence of top-tier competition....
...This week’s earnings are a mixed bag of food (in particular Greggs and Premier Foods), phones (BT and Vodafone) and fashion (Burberry and Boohoo.com). Further details below....
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