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...Over the next 16 years, he spearheaded a string of deals, buying brokerage EF Hutton, investment bank Lehman Brothers, insurance firm Fireman’s Fund and other businesses that turned the charge-card company...
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...“Of course it is emotional. Family life and professional life were mixed together, which meant we shared so much. That’s what I miss the most.”...
...“Not a single one of the clients who are in these funds would pay these rates for any other type of insurance, certainly not term [life] insurance,” she points out....
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...A high-profile Aids campaigner, she also supported victims of domestic violence. Famously gracious yet lively company, her professional range remained extensive....
...Ecommerce site eBay, cleaning goods manufacturer Clorox, and insurance companies Allstate and MetLife report after Wall Street’s closing bell....
...It spent most of its life as a straightforward private-equity-backed insurance brokerage firm and expanded quickly through a series of acquisitions....
...of office life in the Swamp Notes newsletter....
...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...
...Markets The Bank of England’s quantitative easing programme has made it the biggest holder of UK government debt (gilts), overtaking overseas investors and pension and insurance companies....
...(FT) Volunteering, such as at a vaccination centre, can make one happier, healthier and more satisfied with life. Purpose-seeking companies should take note, writes Pilita Clark....
...Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid, as investors pressed the company to detail its exposure to the lender...
...Bank of America has named Fernando Vicario the next chief executive of its new EU banking hub in Ireland, succeeding Bruce Thompson, who will return to the US to lead its new institutional credit exposure...
...Many of the poorest, least resourced hospitals are in rural America, where decades of structural decline are coming to a head in the current crisis....
...Fitch’s Mr Beato says Genworth, which was spun off from GE years ago, Unum, Aegon Americas and Senior Health Insurance Company of Pennsylvania also have “below average” LTC reserve adequacy....
...discount of 23%), despite some life companies resembling asset managers....
...Stocks, other than those delivering food, are clawing back some of a five-day rally awaiting America’s earnings season to get going properly....
...The deal marks the latest stage in the long-running consolidation of the insurance broking industry and comes a year after Marsh & McLennan completed the acquisition of UK-based Jardine Lloyd Thompson in...
...Institutions such as Daiichi Life, a Japanese insurance company, and individual investors have invested in the bonds....
...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...
...You can forget the family (Hunter S Thompson), or take them with you (Little Miss Sunshine). You can escape corporate America (Easy Rider), or try to redeem it (Mark Zuckerberg’s 2017 apology tour)....
...(FT) Business shuns Prince Andrew The Duke of York is losing corporate support for his charitable work, with companies including KPMG and insurance company Aon distancing themselves from the Queen’s second...
...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....
...Kennedy tells the FT that unless top executives across America start ordering their heads of human resources to ensure their insurance providers respect parity laws, there will be more lawsuits....
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