Archive for the ‘Americas’ Category

Tightening risk management

The ongoing debate in the US over new financial rules may not have direct impact on the local banking scene but it is still important to monitor the developments that may influence the thinking of policymakers and market behaviour.

May 2, 2010   Posted in: Americas, Banking, Europe, Finance, Market  No Comments

Crist wants federal government to run high-risk health insurance pool

Gov. Charlie Crist will leave it to the Obama administration to run the federally subsidized high-risk health insurance plan that is to cover people unable to buy such insurance in the private market due to preexisting conditions such as cancer or diabetes. In a letter late Friday to Health and Human Services Secretary Kathleen Sebelius, [...]

May 2, 2010   Posted in: Americas, Insurance  No Comments

US experts clash on who can monitor financial risk

The U.S. Congress needs to create a systemic risk regulator to monitor the safety and soundness of the nation’s entire financial system, corporate governance experts told lawmakers on Wednesday, but they disagreed on who should be given that responsibility.

March 5, 2009   Posted in: Americas, General News, Regulation and compliance  No Comments

Gauging Uncle Sam’s credit risk

Just how creditworthy is the United States of America? Right now, in the eyes of the official arbiters of credit grades — Standard & Poor’s and Moody’s Investors Service — Uncle Sam still deserves the highest rating of AAA.

February 7, 2009   Posted in: Americas, Finance  No Comments

US bank group wants Fed to oversee risk in system

A group representing large financial institutions urged the U.S. Congress on Friday to give the Federal Reserve new powers to ensure stability of the country’s financial system.

January 31, 2009   Posted in: Americas, Banking, Regulation and compliance  No Comments