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Montefiore Nyack Hospital workers get COVID-19 vaccine News 12 Staff Updated on:Dec 22, 2020, 5:34pm EST Health care workers at Montefiore Nyack Hospital in West Nyack began receiving their first dose of the Pfizer coronavirus vaccine Tuesday. There was a buzz at the hospital Tuesday that doctors say has been missing for most of 2020. Over 900 staff at the hospital will be vaccinated in the coming week. Montefiore Nyack CEO Dr. Mark Geller says staff who have face-to-face contact with COVID-19 patients, from the doctors and nurses to the people bringing them meals, are in this round for th...

By Frank Jackman 17 Dec 2020 European banks passed a real-life stress test in 2020 as the coronavirus pandemic threatened to topple the economy. The experience has improved the standing of subordinated debt, which is becoming more important for issuers and investors alike. Frank Jackman reports. Bank subordinated bonds went through a rollercoaster ride in 2020. A global pandemic has put the instruments through their first system-wide stress since the 2008 financial crisis, when the asset class was reimagined as a new layer of contingent capital on the balance sheet. Spreads on additional ti...