systemic

Swiss Finance Chief Labels UBS Lobbying Efforts as Futile Amid Legislative Changes

17 hours ago

In a striking commentary on the current lobbying efforts by banking giant UBS, Swiss Finance Minister Karin Keller-Sutter has characterized the bank's attempts to influence legislation as "noisy but futile." Her remarks come in light of ongoing discussions surrounding crucial financial reforms aimed at addressing systemic risks within the banking sector, particularly in the wake of recent market fluctuations.

Tragic Shooting Sparks Renewed Anger Towards Health Insurers, UnitedHealthcare CEO Weighs In

3 months ago

In a harrowing incident that has reverberated through the healthcare community, a recent shooting at a UnitedHealthcare facility has reignited longstanding resentment towards health insurers and their perceived role in the healthcare system. UnitedHealthcare's CEO, Andrew Witty, addressed the media following the tragic event, calling for a reassessment of how healthcare services are delivered and the impact of corporate practices on individuals’ lives.

Federal Reserve's Kashkari Suggests Private Credit Could Mitigate Systemic Risk

5 months ago

In a recent address, Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, highlighted the potential of private credit in reducing systemic risks that threaten the financial system. His insightful remarks reflect an evolving strategy within the Fed regarding the management of financial stability and the increasing role of private avenues in credit allocation.