Comparative stress testing in the U.S. and Switzerland
In the U.S., stress tests could benefit from a different starting point besides increases in the unemployment rate, while the Swiss system demonstrates the value of greater transparency.
Browsing: Regulatory capital
Barr signals significant changes to bank capital, stress testing requirements
Federal Reserve Vice Chair for Supervision Michael Barr previewed potential changes that could come out of a “holistic review” of bank capital standards that the agencies are currently undertaking.
FSB report warns of rising financial stability risk
The current environment of swiftly rising interest rates, combined with tighter financial conditions, greater market volatility and slowing global growth “could test many of the long-standing and growing vulnerabilities in the global financial system,” the Financial Stability Board said.
Mind the GAAP: Assessing bank health in the current environment
Regulatory capital, together with other risk metrics, is a better assessment than tangible-based capital measures when assessing bank conditions.
Podcast: Making the move from a stock bank to a mutual
After spending more than a quarter century in de novo commercial banks, Dave Hanrahan made a career move to a mutual savings bank, and he hasn’t looked back.
Basel tweaks proposed cryptoasset treatment, adopts certain ABA recommendations
The Basel Committee on Banking Supervision today issued its second consultation on the regulatory treatment of digital assets, including cryptocurrencies.
Fed stress tests confirm banks could continue lending during a ‘severe recession’
Large banks continued to maintain strong capital levels under a hypothetical severe global recession and substantial stress in commercial real estate and corporate debt markets, according to the results of Dodd-Frank Act-mandated stress tests, the Federal Reserve said yesterday.
Barr: Fed’s authority ‘Narrow, limited’ regarding transition to low-carbon economy
Testifying before the Senate Banking Committee, Michael Barr—President Biden’s nominee to serve as Federal Reserve vice chairman for supervision—said that the “Fed’s authorities are quite limited [and] narrow” with regard to accelerating the transition to a lower carbon economy.
ABA and banking groups ask Treasury for flexibility in scheduling ECIP closing dates
The American Bankers Association and several trade groups sent a joint letter to Treasury Secretary Janet Yellen, once again urging the agency to revise its regulatory treatment of Emergency Capital Investment Program investments.
ABA, BPI urge SEC to consult Fed on share repurchase disclosure modernization
The American Bankers Association and the Bank Policy Institute filed a comment letter on two proposals issued recently by the Securities and Exchange Commission concerning insider trading and share repurchase disclosure modernization.