Editors' picks for the week include an in depth look at the Blackstone Group/Thomson Reuters deal and S&P Global Market Intelligence's U.S property and casualty industry outlook for 2018.
Blackstone hoping to turn around Thomson Reuters' financial data biz: analysts
Blackstone Group LP is set to enter into the already crowded, and continuously changing, financial data market with its largest acquisition bid since the financial crisis.
Alternative asset managers slowed asset sales, boosted fundraising in Q4'17
Publicly traded alternative asset managers are likely to report a slower pace of exits, but continued strong fundraising trends when they announce fourth-quarter 2017 financial results.
For Wall Street, increasing pressure to disclose gender pay gap
Wells Fargo & Co. on Feb. 1 became the third big U.S. bank to agree to disclose its gender pay gap, as the "Time's Up" and #MeToo movements add to pressure from U.S. investors and European regulators to release information on pay equity.
Capital structure deterred potential Scottish Re buyers from out-of-court deal
The selection of Hudson Structured Capital Management Ltd. as the stalking-horse bidder for certain parts of Scottish Re Group Ltd. followed a Keefe Bruyette & Woods-led marketing effort that contemplated transactions conducted both inside and outside of bankruptcy court.
Facing easy YOY comparison, US P&C industry results to improve in 2018
A record year for catastrophes and ongoing auto insurance profitability woes likely drove the key measure of U.S. property and casualty industry underwriting profitability to its worst level in six years during 2017, but the stage is set for significant improvements in 2018.
