Hints and tips:
...Moody’s also said that the change took into account refinancing needs of around $2.7bn in the year to March 2025....
...UBS chair Kelleher had spent much of last year working with Ralph Hamers, Ermotti’s predecessor, trying to convince large US active fund managers to become big shareholders in the group, as they attempted...
...Mark Zandi, chief economist at Moody’s Analytics, said the bill’s impact on the US economy would peak in late 2024, but would remain “manageable”....
...UBS chief executive Ralph Hamers said at Davos that the Swiss lender was “bucking the trend” when it came to recruitment....
...Fosun insists it remains in a healthy financial position with debts of Rmb100bn ($14.4bn) — a third of Moody’s calculation — against total assets of Rmb270bn....
...As well as floating Cazoo in New York, DMGT also sold RMS to Moody’s as part of its broader recent reorganisation....
...In the 1980s, architects were wrestling in the mud over postmodernism and “High Tech” but the people were watching country-house dramas, shopping at Laura Ashley and Ralph Lauren....
...Additional reporting by Oliver Ralph and Stephen Morris...
...Sally Yim, associate managing director at rating agency Moody’s, said Ping An would face challenges in any attempt at a bold overseas acquisition. “Regulatory approval would be a big hurdle....
...Brandan Holmes, a senior credit officer at Moody’s, said the risk that triple-B bonds would default was “manageable” — but the risk that the bonds would be downgraded was more serious....
...“If they [foreign insurers] hold 100 per cent that’s good for the management of the operations,” said Sally Yim, an associate managing director at Moody’s....
...Jackson’s credit rating would likely be moved down by one notch if it were split from the rest of Prudential, according to Antonello Aquino, an associate managing director at Moody’s....
...He will be replaced by Ralph Hamers, the former chief executive of Dutch lender ING....
...Moody’s warns that the pandemic will exacerbate income inequality, particularly in countries like China, India and Indonesia....
...Other financial companies in the spotlight are S&P Global, index group MSCI, rating agency Moody’s, card companies Visa and Mastercard, advisory firm Willis Towers Watson, and private equity groups Blackstone...
...We’ll be back on Monday September 2 with a new editor, our London-based insurance correspondent Oliver Ralph It's a grim old world out there in commercial insurance, but cyber has been one of the few bright...
...Dominic Simpson, a vice-president at Moody’s, the rating agency, said that the ruling was a setback for the insurance sector....
...“Axa’s business was focused on retail and SME [insurance] as opposed to corporate clients and reinsurance,” said Benjamin Serra, senior vice-president at rating agency Moody’s....
...Brandan Holmes, a senior credit officer at rating agency Moody’s, said that an IPO of ReAssure would be positive for Swiss Re because it would cut its exposure to credit and market risk....
...Additional reporting by Javier Espinoza and Oliver Ralph...
...Ralph Lauren, Twitter, Qualcomm, Estée Lauder and News Corp are among the others scheduled to provide quarterly updates in the US, while ones to watch in the UK include GlaxoSmithKline, Vodafone, Barratt...
...“What Ralph and I hope is that the performances will change one’s perception and memories of Venice,” Cezar says....
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