Hints and tips:
...The monetisation of the resulting public debt by central banks raises the spectre of 1970s-style runaway inflation....
...Some protection is offered under the Pension Benefit Guaranty Corporation, established in 1974 as an independent federal agency to rescue insolvent funds....
...In late 2016, a “conflicts committee” of five Athene directors called in Houlihan Lokey, an investment bank, to compare Apollo’s fees with what other insurers were paying....
...He then joined Morgan Guaranty Trust Company, a predecessor firm of JPMorgan Chase, where he ran the international private banking unit....
...Such payments are tax deductible, allowing companies to lock-in savings at the current 35 per cent rate....
...Role play: Two M&A law professors take their savings and become activist investors in a small publicly traded company....
...It comprises Flushing Financial, Guaranty Bancorp, Independent Bank, MutualFirst Financial, Seacoast Banking Corporation of Florida, State Bank Financial, and United Financial....
...The city has hosted all of China’s most notable floats in the sector and is currently readying for the listing of Postal Savings Bank of China, worth up to $10bn, in the next month — the biggest initial...
...Citi estimated that private pension savings are expected to grow by between $5tn and $11tn over the next 30 years....
...Many individual investors held savings accounts at local post office branches which paid interest of only 6.25%....
...Receive too many claims and the scheme may run out of money, as seems to be happening to its US equivalent, the Pensions Benefit Guaranty Corporation....
...Trust bank, one of Nigeria’s leading banks....
...Those banks which the EFSF was saving in the first place, by taking these toxic bonds off their balance sheets, in the first place....
...The savings and loan crisis of 1989-90, the Japanese property bubble of the 1980s, and events such as the Panic of 1837 occurred at different times in different places....
...We find that GSE and bank portfolio loans behave not too differently than prime loans in private label securitizations....
...Some of the reasons are manifestly unjust: commercial banks are sometimes wrongly equated with the cajas, the unlisted, politicised and (generally) weak regional savings banks; and the banks’ capital ratios...
...However, BBVA’s assisted acquisition of distressed Texan bank Guaranty Financial – formally announced on Friday – shows that Spain’s second lender has not been blind to the opportunities arising from the...
...Flush with cash, banks such as United Bank for Africa, First Bank and Access Bank used the funds to expand across the continent....
...These troubled loans are now parked, or frozen, on the balance sheets of banks and other financial institutions, preventing them from financing productive loans....
...Monoline ACA isn’t the largest in the world, but its failure would have been extremely painful for banks....
...swap lines with the European Central Bank and the Swiss National Bank and the authorization of new swap facilities with the Bank of Japan, the Bank of England, and the Bank of Canada....
...Previously, Triad Guaranty, one of the smallest mortgage insurers, had been downgraded to triple B by Fitch, Moody’s and S&P....
...This means retirees with limited savings of their own and facing mounting healthcare costs could outlive their means – or at least the investments that are supposed to pay their pensions....
...Noting that the US faced a crisis with its Pension Benefit Guaranty Corporation (PBGC), Mr Bodie said: “The current crisis did not follow from some perfect storm of unforeseeable factors....
International Edition