PICC P&C - Almost a Clean-Up, but It Still Might Be Too Big to Swallow
AIG plans to raise US$1.2bn by selling its 4.9% stake in PICC P&C. This will be third sell down by AIG in little over a year. Although, this...
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Global Macro Take: WK 15. False Gods Be Damned….
Last week’s structural degradation on the USDJPY cross is a messenger bearing grim tidings – a big sell off is imminent – as we sliced through the...
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The Brave New Fiduciary World Has Arrived - Has the Department of Labor Found a More Ideal Balance?
For the past several years, the U.S. Department of Labor (the “DOL”) has been in the process of revising the “investment advice” regulations that...
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Partnership Audits of Private Equity Firms on the Rise
There has been buzz in the tax and private equity communities about the rise in audits of private equity firms by the Internal Revenue Service...
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Slower Income Growth Lurking
A shrinking work week and lackluster hourly wage growth amid higher inflation could be pinching consumers.A weak consumption report for February...
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