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Acting Comptroller Hsu calls for labeling of ‘systemically important banks’

Michael Hsu, Acting Comptroller at the Office of the Comptroller of the Currency.
Michael Hsu, Acting Comptroller at the OCC. Photo: Kevin Dietsch/Getty Images

Hsu’s remarks focussed on supervisory cooperation and the transformation of bank supervision over the past decades.

The role of supervisors as guardians of trust in banking was highlighted by Acting Comptroller of the Currency Michael Hsu in a keynote speech at a European banking conference in Frankfurt, Germany recently.

As the banking system evolves, Hsu said, then so should the role of supervisors. Given last spring’s