Goldman places JP Morgan insurance stake

JP Morgan Capital Partners, the private equity arm of the US bank, has reportedly sold down a stake in Bermuda-based insurer Catlin Group using Goldman Sachs for around £70m (€104.3m).

Catlin Group said it was unable to comment on the transaction, which was reported by Reuters.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink