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...Munich Re’s main insurance business Ergo provided about €700mn in loans, while Germany’s fourth largest insurance group R+V lent €500mn, more than half of which is not collateralised, according to the documents...
...Other companies fighting Allianz alongside Burger & Lobster include leisure company Open House, whose London venues include The Lighterman in King’s Cross and The Broadcaster in White City....
...It took just seconds for a masked man on an e-bike to snatch my smartphone out of my hands as I waited for a bus in central London in morning rush hour....
...“Lloyd’s was quite central, we can see, to the maintenance of the Atlantic slave trade and also profited, most likely significantly, from it,” said Alexandre White, assistant professor at Johns Hopkins,...
...In recent years, its performance has been blighted by higher than expected compensation payouts linked to mis-sold payment protection insurance....
...Baker McKenzie Law firms Most innovative law firm in North America Latham & Watkins Most digital law firm in North America Orrick, Herrington & Sutcliffe Special achievement award Hugh Verrier, White...
...Around us, business meetings were in full swing with groups of (mainly) men in crisp white shirts and V-necks talking quietly over pots of coffee....
...The expansion has fuelled disgruntlement among bankers, fund directors, insurance executives and others....
...Meanwhile, Swedish insurance companies have the highest holdings of stocks in the EU....
...But the central Chinese city might now be on the cusp of global recognition for a different reason: boasting the world’s biggest fleet of cars that drive themselves....
...US steel shareholder vote: Shareholders of the US company will vote on whether to accept Nippon Steel’s $15bn proposed acquisition....
...There is also a strong run of central banker speakers. We will continue to have a steady run of company reports over the next few days....
...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....
...Chile’s central bank publishes trade figures that cover last month....
...the traditional way of selling ETFs, through banks or insurance companies....
...Central banks, including the Federal Reserve and European Central Bank, will be influenced by an elusive and controversial concept: the so-called neutral rate of interest — the borrowing rate that keeps...
...Martin Gruenberg, chair of the Federal Deposit Insurance Corporation, warned of “significant downside risks to the banking industry”....
...The idea, said Frank Vivier, Richemont’s chief of transformation, was to move beyond the analogue era where insurance companies, watchmakers and police communicated little and victims were left in the dark...
...Washington has been pushing its allies to find ways to seize the €260bn of Russian central bank assets that were immobilised in response to Russia’s full-scale invasion of Ukraine....
...The wall of buying has Beijing’s fingerprints all over it as Central Huijin, an investment arm of China’s sovereign wealth fund, joined a raft of state-owned insurance companies and asset managers in buying...
...US support for Nato, and commitment to its Article 5 mutual defence clause, is the bedrock of European defence....
...And Chinese investors are taking cues from their own central banks’ purchases....
...Much of this year’s cascade into money market funds in the US has been driven by retail investors rather than corporate treasurers, mutual funds and insurance companies....
...Large banking members are required to devote at least 10 per cent of their assets to residential mortgage finance; insurance companies and CDFIs are required to devote at least 5 per cent of their assets...
...Trump would say he was even wealthier than the insurance companies, and suggest that he might self-fund his insurance — unless they could provide a compelling offer, Cohen said....
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