Hints and tips:
...The data is shared by garages, parts suppliers and insurance companies, forming a workflow chain....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...MoneyLion has added Even’s insurance and personal loan services into its banking app and hopes the company’s software offering will also bring new customers to its own products....
...Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid, as investors pressed the company to detail its exposure to the lender...
...Amazon has bought an online pharmacy and entered into a joint venture, Haven, with JPMorgan and Berkshire Hathaway, which aims to create a new kind of health insurance for the companies’ 1m employees....
...Dennis Cornell, the co-head of energy investment banking for the Americas at Morgan Stanley, is leaving the bank after two decades, Bloomberg reported....
...LAURA STEINExecutive vice-president and general counsel The Clorox Company Recognised as a top legal strategist and a champion of diversity, Ms Stein is one of North America’s most influential law professionals...
...Dan Ivascyn, who took Mr Gross’s job as chief investment officer, said he had “a well-deserved stellar reputation as an investor and a philanthropist”, while the company said he and his co-founders were...
...But another bank, Royal Bank of Canada, contested the charges in court and winded up losing....
...company bosses is an unlikely beach read....
...It will be levied on the companies. It will be introduced in two years’ time to give companies plenty of space to change their product mix....
...Malaysia’s Maybank, Asean’s fourth-largest bank by assets, in 2012 started operating a cash management system that allows companies to track working capital positions across the region electronically, in...
...Banks selling shipping loans in recent months have included HSBC, Lloyds and Royal Bank of Scotland, they said....
...The sale of the Canadian operations to Royal Bank of Canada last week garnered proceeds of $4.1bn, or 1.2 times its book value....
...Jefferies Finance, its joint venture with MassMutual, a US life insurance group, offers loans of $150m to $1bn, and Mr Friedman said the bank was looking to offer similar-sized loans to companies in Europe...
...Faced with such choices some banks, including Switzerland’s UBS and the UK’s Royal Bank of Scotland have scaled back their investment banking ambitions....
...WL Ross also owns the largest servicer of US subprime mortgages, American Home Mortgage Investment Co, which it bought out of bankruptcy in 2007 and intends to ultimately turn into a full-blown bank....
...The plan would have introduced new capital providers to repay the £180m owed to Royal Bank of Scotland. The remaining £100m would remain on the company’s balance sheet....
...China Life Insurance and the Singapore Exchange have given shareholders the best stable returns in the financial services sector over the past five years, with Royal Bank of Canada and Banco Santander top...
...of Royal Bank of Scotland....
...But, under pressure, Australian and UK banks, notably Royal Bank of Scotland, have slashed such fees by some 80 per cent. US banks, so far, have been more stingy....
...Lloyds fell 3.7 per cent to 48¼p and Royal Bank of Scotland was 2.2 per cent weaker at 31¾p....
...He is chairman and chief investment officer of Emerging Markets Management LLC, a US investment firm specializing in emerging market equities, and author of The Emerging Markets Century....
...“Our first read is that UK banks, in particular Lloyds and Royal Bank of Scotland look substantially exposed,” said Credit Suisse analysts....
...“I think the bigger holders now of securitisations are insurance companies and pension funds.”...
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