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...“I genuinely think they’ve changed,” he said, adding that Lloyd’s was now seen “as a lead market again on big, complex international risks”....
...“The fact that insurance grew here as an industry and as a business, it means that there is so much history and expertise, experience, skills, knowhow that is fostered here in the UK . . . and I would, as...
...Grosvenor, the Duke of Westminster’s property company, is launching a £900mn lending business focused on residential development, as real estate investors opt for debt investments over the risk of buying...
...It also illustrates how some oil traders have been willing to take on the reputational and legal risks of continuing the lucrative business with Russia when better-known companies have been deterred....
...The business said Lloyd’s would give it access to significant sales volumes and broader international distribution networks....
...UK financial regulators have come under criticism in recent years from executives who argued that the slow pace of sign-offs for insurance-linked securities was leading to London losing business to other...
...into bank parent companies....
...The charity must be based in the UK, and recognised by HM Revenue & Customs as bona fide....
...The company, which like Vanke was initially seen as shielded from the funding problems within the sector, eventually defaulted on a dollar bond for the first time in October....
...Ben Leax, his newly named deputy, will add a focus on insurance clients while continuing to head its consulting arm, known as Financial Markets Advisory....
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
...to raise $6bn from investors to challenge OpenAI (FT) London Business School calls ‘peak MBA’ as visa reforms hit student demand (FT) UK betting group Flutter proposes moving primary listing to New York...
...UK prime minister David Cameron following the lapsing of its insurance....
...insurance company....
...In today’s newsletter: FTX on trial Jes Staley’s Epstein reckoning Apollo agrees a UK deal Caroline Ellison vs SBF Never mix business with pleasure, as the adage goes....
...“Arm has got a complicated business.” One person close to Arm said its costs were inflated by the need to convert its financial statements from international to US accounting standards....
...Richard Buxton has warned of the “very sorry state” of the UK equity market as he prepares to retire after 40 years as one of Britain’s best-known fund managers....
...Without it, the payments group can’t offer a full suite of lending services nor offer customers the security of the UK’s deposit insurance scheme....
...The move by the centuries-old market carries some risks as businesses can choose to buy policies elsewhere, including in rival international markets such as the US, or from UK and European insurers outside...
...“Structural reforms of HSBC’s Asia-Pacific businesses suggested by Ping An would significantly dilute the international business model upon which HSBC’s strategy is based,” the bank said in a statement on...
...The restructuring could also weaken HSBC’s selling proposition as an international network. There is a dragon and a lion in the room, of course: the Chinese Communist party and the UK....
...Air India’s new owners have started to invest heavily in IT — in a business where many processes were formerly manual — and installing new seats and in-flight systems in its shopworn existing fleet....
...The deal values Iveric, formerly known as Ophthotech, at roughly $5.9bn, the Japanese drugmaker’s largest-ever acquisition. 5....
...Western sanctions only prohibit imports into the EU, UK and other countries enforcing the G7’s rules, such as Switzerland....
...They are using well-known, well-tested insurance companies to kind of underwrite those cargoes....
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