The decisive action will mitigate emerging liquidity and solvency risks, contain pressure on the banking system, and protect depositors. By Arthur S. Long, Pia Naib, and Deric Behar On March 12, 2023, the Board of Governors of the Federal Reserve System (Federal Reserve) took a unanimous emergency step to protect the safety and soundness of the … Continue Reading
The Acting Comptroller of the OCC discussed the limits of large bank manageability and the steps that regulators can take to address the risks posed by size and complexity. Arthur S. Long, Pia Naib, and Deric Behar On January 17, 2023, Acting Comptroller of the US Office of the Comptroller of the Currency (OCC) Michael Hsu … Continue Reading
