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...followed reporting by the Financial Times that Dubai-based Paramount Energy & Commodities DMCC had traded a type of Russian oil last year that routinely priced above the G7 cap, while using western-based insurance...
...NYCB bought the operations of Signature Bank, another lender that collapsed last year, in a deal arranged by the Federal Deposit Insurance Corp....
...The insurance claim stemming from the accident could reach $1bn-$3bn, Barclays analysts estimated on Wednesday....
...A unit of UnitedHealth, the gigantic American conglomerate, suffered a ransomware attack, preventing the insurance payments. Thankfully, her operation eventually took place....
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
...According to Axa XL, of the 4,400 operational LEO satellites in 2021, just 47 were covered....
...“Winner” indicates that the organisation won an FT Innovative Lawyers North America award for 2023. The full list of award winners is available here....
...Larger banks such as JPMorgan Chase, Bank of America and Wells Fargo also saw their profits fall in the final quarter of 2023....
...Bank of America analysts said the capital raise and new leadership should “provide breathing room” to the bank....
...Lyft’s insurance cost per trip is about $2.43, or 50 cents per mile....
...The energy division also houses Berkshire’s realtor, HomeServices of America, which is facing 11 antitrust lawsuits over how it and other brokers charged commissions....
...“There is something different about this moment,” says Damon Hart, chief legal officer at Boston-based insurer Liberty Mutual, winner of the 2023 FT innovative in-house legal team award for North America...
...“The annuity is an insurance policy against outliving one’s assets,” said Brendan Curran, SSGA’s US head of defined contribution....
...Throw in retail sales rising 2 per cent in the past three months, Visa card volume growth solid at 9 per cent, rock-bottom unemployment insurance claims, and the New York Fed high-frequency economic data...
...Deutsche Bank has hired Andy Tam from Perella Weinberg Partners as co-head of Americas insurance in the financial institutions group. He will be based in New York....
...TC Energy, the Canadian pipeline operator behind the aborted plan to build the controversial Keystone XL crude pipeline, said in July it was spinning off its oil transportation business to concentrate on...
...To wit: The cost of tenants’ and household insurance has climbed 1.6 per cent over the past year. Car insurance has soared 17.1 per cent....
...The list of borrowers shifting from private to public debt markets includes Veritas-backed energy consultancy Wood Mackenzie and UK insurance broker Ardonagh, according to people briefed on the matter....
...All in all, buffered ETFs are expensive insurance against short-term losses,” Kashner said....
...Bain expects a similar timeframe for completing the legal framework for liability and insurance and improving the accompanying road and telecoms infrastructure....
...The figures are distorted by movements in the value of its mammoth $353bn stock portfolio, which includes stakes in Apple, American Express and Bank of America....
...Letter in response to this article: America’s betting laws have had ‘intended effect’ / From Bill Miller, President & Chief Executive, American Gaming Association, Washington, DC, US...
...One overriding concern, says Caroline Sayan, president and chief executive of the art advisers Cadell North America, is that “millennials don’t want to buy what their parents are selling”....
...One good read The natural gas industry in America is absolutely wild....
...BROOKE MASTER: Turned out that insurance, at least in America, doesn't sit all that well with banking. This is not true globally....
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