- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2024-02-21T15:59:00
It’s been nearly a year since Silicon Valley Bank (SVB) kicked off a run of U.S. bank failures, and the Federal Reserve Board has changed how it supervises mid-sized and large institutions as a result.
Since March 2023, the Fed has revamped its supervisory procedures to respond more quickly and forcefully once it identifies emerging risks mid-sized and large banks aren’t taking seriously enough, according to Michael Barr, the agency’s vice chair for supervision.
In a speech delivered Friday to the Columbia Law School Banking Conference in New York City, Barr said the Fed has sought to address the supervisory issues that failed to properly manage the deficiencies that led to the collapse of SVB, Signature Bank, and First Republic Bank last year.
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2025-03-19T13:00:00Z By Aaron Nicodemus
Federal Reserve Board member Michelle Bowman has been nominated as the board’s vice chair for supervision, a position that oversees regulation of the nation’s largest banks.
2024-05-07T19:47:00Z By Aaron Nicodemus
Federal regulators adopted a notice of proposed rulemaking on incentive-based compensation requiring large banks to make their executive compensation arrangements “more sensitive to risk.”
2024-03-22T17:14:00Z By Aaron Nicodemus
The Federal Deposit Insurance Corporation proposed to strengthen its approach to evaluating bank mergers under the Bank Merger Act, particularly how it would address factors like competition, financial resources, the convenience and needs of communities, financial stability, and money laundering.
2025-05-21T14:11:00Z By Aaron Nicodemus
Securities and Exchange Commission Chair Paul Atkins indicated he favors changing the agency’s requirement that only the wealthy can invest in so-called “closed-end” private equity funds and hedge funds.
2025-05-19T14:33:00Z By Adrianne Appel
The Department of Justice (DOJ) has shuttered a special Federal Bureau of Investigation (FBI) unit that focused on public corruption and whose legwork led to the special counsel investigation of President Donald Trump for trying to overturn the 2020 election results.
2025-05-19T14:09:00Z By Aaron Nicodemus
The Trump administration is preparing to ask the European Union to alter or water down its rules on content moderation on social media, claiming that they hurt the competitiveness of American technology companies.
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