The Clearing House Bank Conditions Index (TCHBCI) declined slightly in the fourth quarter of 2017 but continues to show an extremely resilient banking system, reflecting in large part the very… Continue Reading
June 1, 2018
September 3, 2017
Structural Limitations and Activity Restrictions
For at least a century, the U.S. regulatory framework has increasingly hindered the financial intermediation process, particularly in the banking industry. The current regulatory regime is counterproductive for many reasons,… Continue Reading
June 3, 2017
Has Something Gone Wrong with Over-the-Counter Markets?
Post-crisis increases in the capital requirements of large bank-affiliated dealers have reduced the liquidity of financial markets. The Volcker Rule may also have contributed to a loss of market liquidity…. Continue Reading
March 3, 2017
The State of American Banking
As a new administration and a new Congress prepare to tackle a host of difficult financial regulatory issues, we have assembled a series of informational briefing materials to serve as… Continue Reading
March 2, 2017
The Two-Speed Economy Still Runs on Two Tracks
About the Author: Steve Strongin is head of the Global Investment Research Division at Goldman Sachs. He is a member of the Management Committee and the Firmwide Client and Business… Continue Reading