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...“There was always a cultural split between the Swiss side and the Anglo-American side....
...The answer starts with the dumping of UK equities by UK pensions and insurance companies....
...Here’s why the states believe their move would protect retirees, widows and orphans relying on annuities and other insurance products. 2....
...“This broad-based opposition makes clear that it is not just the banking industry crying wolf against heightened capital requirements,” the letter said....
...Knight Insurance agreed to underwrite the former president’s more palatable, reduced $175mn bond....
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...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....
...Each year, the WEF asks 1,500 of its “community” — elite business leaders, academics, politicians and so on — to cite key risks, and then crunches that with Marsh McLennan and Zurich Insurance Group....
...JSR’s American chief executive, Eric Johnson, says the company originally approached JIC in November 2022....
...Chart of the day Despite the major shift in British opinion over the wisdom of Brexit, the UK is unlikely to rejoin Europe for many decades, if ever, writes Martin Wolf. Here’s why....
...Zurich’s chief executive warned in December that cyber attacks were on their way to becoming “uninsurable” as disruption to society grows....
...Chief economics commentator Martin Wolf assesses the threat of fiscal crises now that public debt in richer countries has reached such high levels....
...Royal Insurance merged with Sun Alliance in 1996. Turning to the 2023 list, HSBC bought the Midland Bank in 1992....
...Martin argues that a revival of UK capital markets is essential, to reverse a multiyear trend in which pension and insurance companies have dumped UK equities, reducing the ability of companies to raise...
...Ulbrich is a controversial figure, who has claimed that the American billionaire Bill Gates wanted to use vaccination to reduce the population of Germany to 27mn people — a claim that a spokesman for his...
...: What is really happening is the rebalancing of the world as European and American hegemony dwindles away, writes Martin Wolf....
...However, the Federal Deposit Insurance Corporation estimated that losses to its insurance fund would be about $13bn....
...Martin Wolf, chief economics commentator This is the most important article of the year: A Trump dictatorship is increasingly inevitable. We should stop pretending....
...The actors were a limited number of innovative companies. The outcome has been a fintech revolution....
...The partnership, which centres on 5G radio frequency components, expands an existing agreement between the two companies and is part of Apple’s push to source more parts from American facilities....
...“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....
...Which American celebrity last month signed a two-year deal with X, formerly Twitter, to produce four original videos a year for the platform?...
...Meanwhile, Ken Griffin of Citadel thinks that the government’s actions are destroying American capitalism....
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