Hints and tips:
...Perhaps the most amusing piece this year was James B. Stewart’s examination of the apparently dodgy goings-on at high-end New York wine seller Sherry-Lehmann....
...“To be very clear,” his lawyers later wrote, “the ‘E’ in ‘E Trust’ stands for ‘Extortion’.” IV. In June 2021, Wigdor filed a civil complaint on Ganieva’s behalf....
...And yeah, and do it as a specialty just to keep to keep it going. Lilah Raptopoulos Yeah. Sarit Packer Yeah, I agree....
...This year the Ralph Lauren Corporate Foundation announced a $25mn commitment to five cancer centres across America. ralphlauren.co.uk Q is for McQueenThe British luxury brand is a longtime supporter of...
...He doesn’t like the alternative, B&Q. Too many friends have been nicked there. “The security guards are going on like the fucking Viet Cong,” he says....
...B) Improve the efficiency of payments? C) Counter the threat from crypto assets? D) Boost financial inclusion? E) Preserve their monetary sovereignty? F) Collect more financial data?...
...Quick Fire Q&A Stay up to date with up-and-coming disrupters. Each week we ask a fast-growing fintech to introduce themselves and explain what makes them stand out in a crowded industry....
...Business is booming at Kingfisher as the nation turns to DIY to get through lockdown, with the B&Q and Castorama owner’s third-quarter update beating market expectations....
...This morning Kingfisher, owner of hardware stores B&Q and Screwfix, showed just how handy we’ve all become since lockdown started....
...Kingfisher, the group behind the UK’s B&Q and Screwfix and France’s Castorama, reported a 23 per cent increase in half-year adjusted pre-tax profits to £415m as the two nations spent the summer smartening...
...We lack the social insurance of large gas stocks. Uncertainty about the wisdom of policymakers will persist after the [Liz] Truss experiment....
...New frontiers: Blackstone has backed the digital revolution in the Lloyd’s of London insurance market, putting money into a $500m investment round in Ki, a digital-only syndicate, reports Insurance Insider...
...Goldman’s also pro Kingfisher: Previous strategy saw market share losses, particularly from the larger format stores (B&Q, Castorama); Kingfisher has lost market share in France and the UK, primarily reflecting...
...New frontiers: Competition in Indian insurance is heating up. Techcrunch reports that Amazon has started offering car and motorbike insurance in the country, teaming up with Acko General insurance....
...CIB missed on lower EQ revenues, while Insurance & Corporate Center beat. Payments were line....
...q annualized in 1Q20....
...Peel Hunt’s note also highlights RSA Insurance as offering a “compelling M&A case” given its Canadian and Scandinavian strength and its turnaround potential in the UK....
...Stumbling blocks: Axa has cancelled fizzy, its blockchain-based flight insurance product, according to Cryptomode....
...Roos joins from Citigroup, where he was most recently global co-head of equities and securities services....
...We sell flexible insurance policies to gig workers and new mobility businesses such as car-subscription, e-scooter and vehicle-sharing firms. How did you get started?...
...Revolut has both banking and e-money licences in Lithuania, and 100 staff....
...NMC Health, travel companies Tui and easyJet, as well as B&Q owner Kingfisher are at risk of demotion from the index....
...It set up a fintech committee in May 2017 “with the purpose of strengthening fintech work in research, planning and comprehensive co-ordination”....
...Adoption is being driven by money transfer, insurance, and peer-to-peer payments....
International Edition