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28 Apr UPDATE 3-Big U.S. banks cry foul over temporary exclusion from small business lending program

Posted at 22:33h in News by KMFSLLP 0 Comments

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Wall Street banks criticized the U.S. government on Wednesday after the Small Business Administration said it would temporarily close its Paycheck Protection Program (PPP) for small businesses hurt by the novel coronavirus to all but the country's smallest lenders.

28 Apr Fed support fuels corporate debt spree in April

Posted at 22:07h in News by KMFSLLP 0 Comments

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Issuance of investment grade corporate debt in April so far has hit $203.4 billion, slightly below March's record, buoyed by the Federal Reserve's unprecedented intervention into credit markets to blunt the economic effects of the coronavirus pandemic.

28 Apr Gown shortages still plague NHS staff

Posted at 18:50h in News by KMFSLLP 0 Comments

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Government is struggling to secure adequate supplies of protective equipment, documents reveal

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28 Apr Government prepares blueprint for UK’s ‘safe’ return to work

Posted at 18:47h in News by KMFSLLP 0 Comments

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Business department drawing up ‘workplace by workplace’ guidance for when lockdown easing ordered

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28 Apr Academic behind UK tracing app seeks to dispel privacy doubts

Posted at 17:30h in News by KMFSLLP 0 Comments

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NHS adviser says health crisis should persuade public to embrace smartphone system

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28 Apr Britain’s private schools warned against fee collusion

Posted at 16:50h in News by KMFSLLP 0 Comments

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Institutions under pressure from parents to reduce charges after coronavirus lockdown

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28 Apr UPDATE 1-Big insurers face fresh coronavirus claim threat from UK hospitality sector

Posted at 16:47h in News by KMFSLLP 0 Comments

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Top insurers such as AXA , RSA, QBE and Zurich face a potential multi-million pound lawsuit from British pubs, hotels, restaurants and leisure groups, who allege that legitimate business interruption claims have been rejected.

28 Apr Switzerland’s Falcon mulls exit from private banking, other options

Posted at 16:45h in News by KMFSLLP 0 Comments

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Swiss wealth manager Falcon Private Bank is considering withdrawing from private banking as well as other options, it said on Wednesday, days after sources told Reuters the bank could lose its Swiss banking licence by the end of the week.

28 Apr UPDATE 3-Health insurer Humana sees higher first-half profit as COVID-19 delays spending

Posted at 16:41h in News by KMFSLLP 0 Comments

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U.S. health insurer Humana Inc said a big share of its full-year profit could come in the first half as it benefits from paying fewer claims due to delays in non-essential surgeries in the wake of the coronavirus pandemic.

28 Apr Simon Wiesenthal Center sues Chubb to ensure coronavirus insurance coverage

Posted at 16:39h in News by KMFSLLP 0 Comments

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A prominent Los Angeles nonprofit that advocates for human rights and fights anti-Semitism sued Chubb Ltd on Wednesday to ensure it will obtain insurance coverage after being forced to close because of the COVID-19 pandemic.

News

28 Apr UPDATE 3-Big U.S. banks cry foul over temporary exclusion from small business lending program

28 Apr Fed support fuels corporate debt spree in April

28 Apr Gown shortages still plague NHS staff

28 Apr Government prepares blueprint for UK’s ‘safe’ return to work

28 Apr Academic behind UK tracing app seeks to dispel privacy doubts

28 Apr Britain’s private schools warned against fee collusion

28 Apr UPDATE 1-Big insurers face fresh coronavirus claim threat from UK hospitality sector

28 Apr Switzerland’s Falcon mulls exit from private banking, other options

28 Apr UPDATE 3-Health insurer Humana sees higher first-half profit as COVID-19 delays spending

28 Apr Simon Wiesenthal Center sues Chubb to ensure coronavirus insurance coverage

KM Financial Solutions LLP

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