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Geneva Association Reminds Federal Reserve Insurers Aren’t Banks

The Swiss-based insurance think tank Geneva Association has followed up on its recent report as to whether or not some insurers should be considered as G-SIFI’s (globally systemic important financial institutions). The Association has sent a letter to the Federal …

U.S. Chamber, European Business Call for Removing Transatlantic Trade Barriers

The U.S. Chamber of Commerce and BUSINESSEUROPE have issued the following statement in a letter signed by twelve U.S. and European business associations to President Obama and EU Presidents Van Rompuy and Barroso, calling for urgent action to create a …

Departing Goldman Sachs Banker Slams ‘Rip-Off’ Culture

Goldman Sachs faced an unprecedented assault from one of its own on Wednesday after a banker published a withering resignation letter in the New York Times, calling the Wall Street titan a “toxic” place where managing directors referred to their …

Helping Banks is Hurting Insurance Industry Geneva Association Tells G20

In an open letter The Geneva Association directly addressed the Finance Ministers and Central Bank Governors of the G-20 before their meeting in Cannes, France. It pointed out that amidst all of the concerns over the global economy in general, …