The Bank for International Settlements announced it had agreed on proposed capital requirement rules for G-SIBs (Globally Systemically Important Banks), in effort to mitigate the risks of future banking system and financial crises.  The new rules would require that G-SIBs Common Tier 1 (CET1) capital ratios be increased by 1% to 2.5% (on top of [...]

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In Florida, affecting many cities including Orlando and Jacksonville auto insurance, two bills are in the works to cut down the amount of auto insurance fraud plaguing the state of Florida. The article “Florida Senate Panel Advances Auto Insurance Bills” by Brent Kallestad found on Business Week’s site discusses some of the details of the [...]

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California-based DineEquity Inc. (NYSE:DIN), which operates approximately 3,500 Applebees and IHOP restaurants, recently announced the inking of a multi-restaurant franchisee agreement with Kuwait-based M.H. Alshaya Co., to expand its IHOP brand in the Middle East. However, the financial terms of the contract were not disclosed. Per the deal, 40 new IHOP restaurants are expected to [...]

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Some of the nation’s largest banks are facing the possibility of a downgraded credit rating from Moody’s Investors Service, which the company announced on Thursday. Moody’s says it is making this consideration due to concerns the government may not support banks in times of trouble. Moody’s, a unit of Moody’s Corp., said it is in the process of [...]

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Once you become eligible for Medicare and you sift through all of your health care needs you will quickly come to realize that Medicare does not necessarily cover all of your needs. Luckily, there is Medicare supplement insurance, also known as Medigap, which fill in the coverage gaps for standard Medicare Plans. There are numerous [...]

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