GSIB Scores and Window Dressing: Where is the Smoking Gun?
Introduction Since the 2008 Financial Crisis, the implementation of the Global Systemically Important Banks (GSIB) framework has become a crucial […]
Opinion
Opinion
Opinion
The Blackest of Black Boxes: The Role of Projected Expenses in the 2024 Stress Test
Introduction Each year, the Federal Reserve conducts a stress test of the nation’s largest banks. The results directly determine their
Opinion
Stress Testing and Star Chambers: Reducing Transparency Will Not Improve Stress Testing
Introduction In a recent Brookings paper, former Federal Reserve Gov. Daniel Tarullo discussed several potential policy changes to the stress testing
Opinion
Pairing Words with Analysis: The Stress Tests are as “Dynamic” Now as they Have Ever Been
Introduction In a recent Brookings paper, former Federal Reserve Governor Daniel Tarullo claims that the stress tests have become less
Opinion
Federal Reserve Financial Stability Report Underscores Strength of America’s Largest Banks and Wayward Regulatory Policy
Introduction Recently, the Federal Reserve released its semi-annual Financial Stability Report. The report is chock full of important insights on the
Opinion
The Federal Reserve is a Consensus Body and Should Remain So
Introduction In a recent blog post on the banking agencies’ Basel III Endgame proposal, Wharton Professor Peter Conti-Brown made a number of sweeping
Opinion
The Evidence is Conclusive: Treasury Market Liquidity Has Deteriorated Significantly
Introduction The market for U.S. Treasury securities is the world’s most important financial market. Many if not all financial assets
Opinion
Don’t Confuse Bank Capital and Returns to Investors
In the current discourse over large bank capital requirements, people across the country have been largely and rightly focused on
Opinion
Letter to the editor: Basel ‘myths’ are all too real for the financial services industry
This op-ed was featured in American Banker. To the editor, In a recent BankThink (“ Debunking the myths about the
Opinion
Op-ed: The U.S. economy could face ‘a perfect storm’ if Basel III Endgame goes into effect. Here’s why
This article originally appeared on Fortune. The past three years of economic volatility have exacted a profound toll on many