FDIC Vice Chair Thomas M. Hoenig argued that mandating increased levels of debt in order to facilitate the resolution of failing banks is "paradoxical" because it may "undermine the very financial stability being sought."
News & Insights
The FDIC, the Board of Governors of the Federal Reserve System and the OCC issued guidance to clarify supervisory expectations for an effective funds transfer pricing framework.
The Board of Governors of the Federal Reserve System and the FDIC provided firm-specific feedback on the 2015 resolution plans of eight systemically important banking institutions.
The Board of Governors of the Federal Reserve System proposed a rule that would subject global systemically important bank holding organizations and their subsidiaries to restrictions concerning the terms of their non-cleared qualified financial contracts.
The Board of Governors of the Federal Reserve System proposal that certain systemically important bank entities be subject to restrictions regarding the terms of their non-cleared qualified financial contracts was published in the Federal Register.