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...Its use of generative artificial intelligence was also growing, he said: about a fifth of all emails that come into the group — a trickier area to automate than in-app communications — are responded to by...
...Other investment outfits inside Brookfield’s credit group include European credit manager LCM Partners, a stake in music royalty group Primary Wave, and a technology-focused lender called Pinegrove, in which...
...relation to the group....
...UL Solutions is owned by the non-profit group UL Standards & Engagement....
...It is also the biggest fund ever raised by Brookfield, which manages $850bn across sectors spanning real estate, credit and insurance, renewable energy and corporate buyouts....
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...Cigna is in talks to merge with Humana in a deal that would create a US health insurance giant worth $140bn and provide a significant test for antitrust authorities, according to people briefed about the...
...US health insurer Cigna has abandoned plans to merge with Humana, a blockbuster transaction that would have created a $140bn insurance giant, according to people familiar with the matter....
...Leqembi slowed cognitive decline by 27 per cent compared with the placebo group in a phase 3 trial....
...Corinthia said that Weightman’s only link to the group was a previous relationship with Wheeler....
...the groups had already paid in 2023....
...In 2009, Mnuchin led a group of private equity investors that bought IndyMac, a mortgage lender that failed in the 2008 financial crisis, from the Federal Deposit Insurance Corporation....
...When Silver Lake alerted investors to their cash return, it said the sale of VMware was a “defining moment” for the $100bn in assets group....
...“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.”...
...At consumer products group The Clorox Company, associate general counsel Apur Patel is one of two people leading its strategy on generative AI....
...Insurance Australia Group, one of the main insurers to Greensill Capital, has said that rival Tokio Marine and broker Marsh McLennan should share in any liability if investors in the failed lender win a...
...The credit rating group said the bank still lacked sufficient reserves to cover potential loan losses, even after setting aside an additional $500mn in its most recent quarter....
...Raghavan has been the key operator to the group’s growing foothold in Europe....
...Chang’s and business technology provider Computer Services Inc....
...The last significant US bank to fail was First Republic, which was closed by the Federal Deposit Insurance Corporation in early May....
...Greensill’s insurers, which include BCC’s former parent Insurance Australia Group, Tokio Marine and Zurich are refusing to pay out on the company’s credit cover....
...The chip industry is hypercyclical, so lower odds of a downturn, with a dose of AI hype thrown in, works very well for the group....
...“The idea that they disaggregate government business from other communications and create a parallel selective record in real time, simply isn’t credible.”...
...Bain expects a similar timeframe for completing the legal framework for liability and insurance and improving the accompanying road and telecoms infrastructure....
...To wit: The cost of tenants’ and household insurance has climbed 1.6 per cent over the past year. Car insurance has soared 17.1 per cent....
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