From systemic risks in the U.S. insurance industry to the crackdown on immigration, all have left financial industry bigwigs deeply concerned

Global top bankers and investors warn that there are many adverse factors, from systemic risks in the U.S. insurance industry to President Donald Trump's crackdown on immigration. At a global summit held in Hong Kong, UBS Group AG Chairman Colm Kelleher sternly warned about the risks in the U.S. insurance industry, pointing out that while private financing is booming, regulation is weak and complex. At the same time, State Street CEO Ron O’Hanley criticized U.S. immigration policies, stating that they are "detrimental to growth"; the unprecedented crackdown on immigration in the U.S. has even caused chaos among skilled foreign workers. (Bloomberg)