Hints and tips:
...Blackstone will combine its insurance and credit businesses into an integrated unit called Blackstone Credit & Insurance, which chief executive Steve Schwarzman says could grow to manage $1tn in the next...
...“The man from the Pru” was for years a fixture of British society, going door to door to sell Prudential’s insurance policies....
...Prudential 35% cut to FY21 estimates....
...Our insurance team’s favorite life companies are Prudential and ASR We remain overweight of P&C Defensive: The sector should be agnostic to the cycle (having no correlation with HY spreads and PMIs) yet...
...Containment of the number of new cases has been impressive in mainland China, and we now expect a V-shaped recovery from the second quarter onwards there....
...In Break up to make up, which looked at the potential for several European conglomerates to break up, we calculated the conglomerate discount at Prudential to be 22%, slightly higher than the European insurance...
...A few hours later, it is Nice v Caen at the Allianz Riviera in France, while in the following days the action switches to Allianz-branded venues in Vienna and São Paulo....
...“Some banks have a straight hands-off policy in terms of taking on people from the Prudential Regulation Authority or Financial Conduct Authority,” says Ms Purves....
...The BBA plans to raise issues including: how tax and national insurance payments are handled when pay is clawed back, what happens if a banker did not have sufficient cash to meet the clawback demand, how...
...Mr Jenkins’ announcement of a £5.8bn rights issue comes after the UK’s Prudential Regulation Authority said last month that Barclays had to comply faster with the new requirement to hold equity equivalent...
...However, its woes have sucked him and other executives into constant dialogue with the London-based Prudential Regulatory Authority....
...Expected sometime this year, without the prudential rules the industry was worried about....
...British Gas Capgemini UK Ecclesiastical Insurance Group John Laing Linklaters Liverpool Football Club Octink Wates Group Workspace Group...
...Related links: Regulation: Collateral damage – FT Regulators peer into financial shadows – FT MMFs, deposit insurance and regulation in the age of bank runs – FT Alphaville...
...Email Viral V Acharya...
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