We need proactive regulation to fend off SVB-like bank failures
Digital technology enables future-scenario mapping that can help regulators intervene in good time
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Digital technology enables future-scenario mapping that can help regulators intervene in good time
Things are always changing. No bagpipe player I saw growing up looked, or played, like this. The MBA’s forecast for 2023 volumes changed, and here’s the latest by the MBA on 2023’s originations: $1.8 trillion. Technology is always changing. No, this Commentary is not produced by ChatGPT, nor will it ever be, unlike lesser publications. But if you’re a teacher, like my daughter with her classroom full of 7th graders, or a professor, how do you know that the paper turned in by a student wasn’t produced by AI? (Speaking of which, thank you to everyone who wrote ...
WellSpark Health, the Farmington-based provider of corporate wellness programs, announced a change in leadership Tuesday. The subsidiary of health insurer ConnectiCare, which is owned by New York-based EmblemHealth, has named Andi Campbell its new president. Campbell, who previously served as chief operations and growth officer, replaces WellSpark founder Roberta (Bert) Wachtelhausen, who will continue to be a company advisor and serve on WellSpark’s board of directors.
“SMONDAY: The moment when Sunday stops feeling like a Sunday and the anxiety of Monday kicks in.” Do you think the shareholders and management of Credit Suisse felt that, given Credit Suisse is being purchased by UBS for $3.3 billion? Remember when CS was a renowned jumbo buyer? Now we can watch the layoffs. The CS price per share marked a 99 percent decline from Credit Suisse’s peak in 2007. Mark Twain said, "The older I get, the more clearly I remember things that never happened.” The S&L Crisis certainly happened, but have regulators, auditor...
In recent years, especially through 2019 and 2020, the cyber insurance market in the U.S. has seen significant growth.