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  • Reuters

    Swiss watchdog seeks more tools to go after bad bankers - paper

    The chairperson of Switzerland's financial watchdog has called for more power to punish wayward bankers after a string of scandals tarnished the sector's international reputation. Marlene Amstad, head of the Swiss Financial Market Supervisory Authority's (FINMA) board of directors, told the SonntagsZeitung paper the agency would welcome new tools to hold bankers accountable for the mistakes they make. While FINMA can now remove bankers who make grave errors, it lacks the kind of broader toolkit that Britain, for example, has with its Senior Manager Regime, she said in the interview.

  • Motley Fool

    What Is This "Market" That Stock Pickers Keep Trying to Beat?

    An index fund is safer, because with an index fund you are diversified and you've minimized your risks. The more stocks you own (and an index fund represents an investment in many, many stocks), the worse your overall returns will be. With an index fund you own the good, the pretty good, the average, the below average, and the awful.

  • Motley Fool

    4 Social Security Changes That Could Affect You in 2022

    In recent years, Social Security's annual cost-of-living adjustments (COLAs) have been pretty stingy. Going into 2022, Social Security recipients can expect to see their benefits rise 5.9%. In 2021, earnings of up to $142,800 are subject to Social Security taxes.