ON DECEMBER 20, 2018, the Federal Reserve Board (FRB) and the Federal Deposit Insurance Corporation (FDIC; together with the FRB, the Agencies) released their determinations regarding the 2018 resolution plans… Continue Reading
March 12, 2019
October 4, 2018
BPI Bank Conditions Index Shows Extremely Resilient Banking Sector
The Bank Conditions Index (BCI), which provides an analytical and concise measurement of the condition of the U.S. banking system, was roughly unchanged in the first quarter of 2018 and… Continue Reading
June 4, 2018
HSBC’s Patrick Burke On Global Regulatory Harmonization, Tax Cuts, and More
Patrick Burke, President and CEO of HSBC North America Holdings, discusses the impact of bank regulatory reform and the 2018 tax cuts on the U.S. economy, global regulatory harmonization, and… Continue Reading
March 3, 2018
Treasury Department’s Craig Phillips on the FSOC, CRA and the Burden of Financial Regulation
Greg Baer, TCH: Craig, you have spent most of your career in the business sector. What has been the biggest surprise about working in Washington? Craig Phillips, Treasury Department: Honestly, that… Continue Reading
March 3, 2018
Crisis Management in the Banking Industry
Today, all institutions face a range of potential crises, including significant accounting and financial fraud issues, allegations over a range of matters, such as sexual abuse and misconduct by senior… Continue Reading
March 3, 2018
The Future of Banking
It’s not uncommon to read opinion pieces on “the death of banking.” However, financial institutions often have faced difficult times during their history, and have overcome them. One thing has… Continue Reading
December 3, 2017
What Is a Bank?
Square’s and SoFi’s applications for industrial bank charters and Varo Money’s application for a national bank charter directly bring to the forefront these lingering questions: What is a bank? Who… Continue Reading
September 3, 2017
Improving Appeals of Material Supervisory Determinations
What happens when a bank examiner makes a mistake? Perhaps the examiner gave the bank a composite CAMELS rating of 4 when comparable banks typically receive a 2. Perhaps the examiner… Continue Reading