Regulators spar over how best to safeguard banksBy Bill Lumley
July 13, 2023
Bank failures and the rise of shadow banks are worrying regulators, but there is growing discord over the best way to tackle these threats to financial stability.
Michael S Barr, vice chair for supervision at the Federal Reserve, announced long-awaited plans on July 10 to compel ...
After years of watchful waiting, financial regulators are starting to crack down on the ballooning $239.3tn shadow banking sector. Last month, the Financial Stability Oversight Council (FSOC) in the US...Read more