Remember when stolen credit card numbers represented the height of sophistication in cybercrime? Those days are long gone. Complex, hard-to-detect attacks now could bring down not just a single institution… Continue Reading
March 3, 2017
March 3, 2017
A Delicate Balance
Post-crisis, U.S. bank regulators have imposed capital requirements that are very high relative to historical norms and current international standards. They have also introduced more granular capital requirements, determining the… Continue Reading
March 3, 2017
Navigating the Complexities of CSI
In an era of increased oversight, regulatory agencies have taken a greater interest in standardizing the conduct of financial institutions. An area of ongoing interest is the protection of confidential… Continue Reading
March 3, 2017
Emphasizing the “Services” in Financial Services
Financial services can be thought of as two distinct concepts: finance and service. Finance is the business of allocating capital, creating debt, and moving money. Service is how customers are… Continue Reading
March 3, 2017
The Income-Inequality Impact of Post-Crisis Policy
How could it be that the $4.5 trillion on the Federal Reserve’s balance sheet, a real short-term interest rate still beneath 0%, and an array of tough post-crisis regulatory reforms… Continue Reading
March 3, 2017
Eight Years Later: Post-Crisis Recovery and Deleveraging
Editor’s Note: This article was prepared for the New York University Gallatin Lectures in Banking, November 9, 2016. I wish to thank Vincent R. Reinhart, Bruce Tuckman, and lecture participants for… 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 3, 2017
State Street CEO Jay Hooley Discusses Innovation, Brexit, and the Impact of Regulation
Jim Aramanda, TCH: During the past 30 years, you’ve held executive and senior positions in many parts of State Street. How would you say the role of the bank executive… 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
March 1, 2017
2016 TCH Annual Conference
The Clearing House Annual Conference, held November 28-30, 2016, drew more than 500 attendees from banks, regulatory agencies, academia, and professional services firms. For information on the 2017 conference (November… Continue Reading
March 1, 2017
TCH Bank Conditions Index Q1 2017
As shown in Exhibit 1, The Clearing House Bank Conditions Index (TCHBCI) was at 77 in the third quarter of 2016 (the most recent available data as of the publication date), up… Continue Reading
March 1, 2017
Stresses and Strains
Disclaimer: The viewpoints expressed by the author do not necessarily reflect the opinions, viewpoints, and official policies or positions of HSBC. The Following the 2008 global financial crisis, central banks… Continue Reading
March 1, 2017
Banking’s Vital Role in Addressing Income Inequality
The theme of this edition of Banking Perspectives might surprise you. Most people do not think about banks when considering ways to address income and wealth inequality. Many would simply… Continue Reading