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...News round-up Freshfields’ former tax partner sentenced to 3½ years in jail (FT) Zurich’s sale of $20bn life insurance book to PE-backed group collapses (FT) Sotheby’s cleared of art fraud in Russian...
...Private equity firms own hundreds of thousands of houses in the United States. What the hell’s going to happen there? Who’s going to protect on the downside? No one....
...“Too many people have piled into private credit and it has a special feature that a chunk of it is funded with life insurance assets,” Flowers said in an interview with DD’s Antoine Gara....
...That argument for post-hoc free insurance for companies big enough to have a chief financial officer was never conclusive — I, for one, was sceptical — and it bears noting that it did not in the event stop...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...AEL has been unique in that its chief executive, Anant Bhalla, has built a private equity model within a publicly traded life insurance company....
...As coverage has become scarce and expensive, record numbers of homeowners have flocked to a state-run insurer of last resort, Citizens Property Insurance Corp....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...It's the insurance company that has failed to collect the proper documentation. It's the ship registry that maybe didn't peek behind the curtain a little bit more....
...Among the insurance companies in Berkshire’s portfolio are Geico, one of the largest car insurers in the US, and reinsurer Gen Re, which provides cover to primary insurers across life, health, property and...
...An index fund is trying to represent the, the exact companies that are in an entire market. So say, all small businesses based in Europe or all large businesses in the United States....
...So you have Suella Braverman coming out and saying people live the life of Riley, essentially....
...Job moves Jacqueline Hunt, a member of Allianz’s board of management in charge of Allianz Global Investors, Pimco and the group’s US life insurance business, is in talks about an early departure, two people...
...When the Iran-Contra story finally broke late in 1986, Powell had been in Germany for less than six months, now with three stars and in command of the 75,000 strong V corps, having skipped the normal intermediary...
...In the news Apollo to merge with Athene Apollo Global Management is to merge with Athene Holding, the life insurance company it created at the height of the financial crisis, transforming the alternative...
...However, the real-life family media empire has garnered an audience of its own — dealmakers included — as the fate of the Murdoch family trust, which holds shares in News Corp and Fox Corporation, takes...
...And the life of a private equity banker is getting even easier, thanks to something called “portability”....
...the English Premier League football club Manchester United....
...3Lateral, a digital character design and animation company that worked on games including Grand Theft Auto V, and Quixel, which offers an extensive library of photorealistic assets that have been used in...
...They try and make my life good, I try and make their life good.”...
...He was previously chief executive of Barclays Private Bank for Europe, Emea and Monaco. Rodney Cook has quit as chief executive of Just Group after a turbulent year for the life insurance company....
...Investing in a second property could provide a rental income, but the cost of living in Dubai is high and pensioners would need private health insurance....
...(FT) Pour a cherry coke out for Buffett While the Oracle of Omaha processes the demise of US packaged food brand Kraft Heinz, speculation is rife about how the legendary investor could have gotten it so...
...Subscribe to FT Life on YouTube for the latest FT Weekend videos...
...In the law school equivalent of a virtual sports league, FantasySCOTUS (short for the Supreme Court of the United States) invites law geeks to predict the outcome of some of America’s most important legal...
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