Listen On:
Moody's Talks - Focus on Finance
Episode 32
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October 6, 2021
Biggest banks emerge stronger from pandemic and ready to face heightened competition
Peter Nerby, Olivier Panis and Shunsaku Sato explain how global systemically important banks are faring as the pandemic starts to recede. Dean Ungar discusses the implications for US health insurers should the Medicare hospital insurance trust fund run out of money. And David Yin tells us how a recent cryptocurrency ban in China is positive for financial institutions.
Inside this episode:
- Dean Ungar discusses the implications for US health insurers should the Medicare hospital insurance trust fund run out of money. (begins at 2:48 mins)
- David Yin tells us how a recent cryptocurrency ban in China is positive for financial institutions. (begins at 5:06 mins)
- Peter Nerby, Olivier Panis and Shunsaku Sato explain how global systemically important banks are faring as the pandemic starts to recede. (begins at 8:22 mins)
Related content:
- Banks – Global: Biggest banks retain competitive advantage, but stiff obstacles loom post pandemic - Most of the 30 large, global systemically important banks have maintained strong capitalization and liquidity, and their profitability is stronger than that of regional peers.
- Financial Institutions – North America: Looming Medicare trust fund depletion is credit negative for MA insurers - The trust fund's depletion would require reduced Medicare spending, which could mean lower payments for Medicare Advantage (MA).
- Financial Institutions – China: China's crackdown on virtual currencies is credit positive for financial institutions - Chinese authorities' crackdown on cryptocurrencies will support financial stability and back China's policy of reducing carbon emissions.