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Hsu’s remarks focussed on supervisory cooperation and the transformation of bank supervision over the past decades.
Bank Accounting Advisory Series updates revised for clarity.
FDIC officials might review “passivity agreements” with large asset managers, to ensure they are not taking an active role in bank management.
OCC Acting Comptroller Michael J. Hsu also highlighted a growth in large banks and polarization as long-term trends.
Collapse of fintech intermediary raises serious questions about the fintech ecosystem.
Also discussed in this informative and collegial session was communication surveillance and the focus of recent supervisory visits.
Speech to Financial Stability Oversight Council tackles the tricky question of building trust in the coming wave of AI.
The proposals show that the current leaders of these banking agencies are, and have been, adopting a more skeptical view of bank mergers.