TOP OF THE AGENDA BB&T and SunTrust Merger Will Not Raise Concentration of the Banking Industry On February 7, BB&T Corp and SunTrust Bank announced a merger of equals that… Continue Reading
February 15
February 15
The Banking Industry is Unconcentrated, and Will Remain So After the BB&T/SunTrust Merger
On February 7, BB&T and SunTrust announced a merger of equals that is expected to be completed at the end of 2019. The combined entity will have a new name… Continue Reading
February 11
BPI Files Comment Letter on No Action Letter and Product Sandbox Policies
On February 11, the Bank Policy Institute submitted a comment letter to the Consumer Financial Protection Bureau (“CFPB”) in response to the agency’s request for comments on its December 2018 proposed No… Continue Reading
February 7
BPI Submits Comment on Interagency Proposal to Raise Residential Real Estate Appraisal Requirement Threshold Under FIRREA
In a February 5 comment letter to the Office of the Comptroller of the Currency, Federal Reserve Board of Governors, and Federal Deposit Insurance Corporation, BPI argued that the appraisal… Continue Reading
February 6
BPI Files Amicus Brief in US v. Vorley and Chanu
On January 23, BPI submitted a motion for leave to file an amicus curiae brief with the U.S. District Court for the Northern District Court of Illinois in US v…. Continue Reading
February 6
Federal Reserve’s Stress Scenario is Much More Severe Than the 2007-2009 Financial Crisis
On February 5, the Federal Reserve published the macroeconomic scenarios that it will use in its 2019 stress tests. The Federal Reserve’s stress tests have become an important driver of… Continue Reading
January 30
BPI Submits Response to Letter from Chairwoman Maxine Waters on Government Shutdown
On January 25, 2019, the Bank Policy Institute replied to a letter sent by House Financial Services Chairwoman Maxine Waters requesting that banks take action to assist employees affected by the partial… Continue Reading
January 25
BPI Symposium on Interactions Between Fed Normalization, Money Market Conditions, and Bank Funding and Liquidity
On Thursday, January 17, the Bank Policy Institute hosted its second half-day symposium on how the interaction between the Fed’s declining balance sheet and bank liquidity requirements is impacting money… Continue Reading
January 25
January 25, 2019
Top of the Agenda CECL and Stress Tests: A Dangerous Mix Last year, BPI published a paper that analyzed the impact of the “current expected credit loss” (CECL) methodology for… Continue Reading
January 24
CECL and Stress Tests: A Dangerous Mix
Last year, BPI published a paper that analyzed the impact of the “current expected credit loss” (CECL) methodology for accounting for loan losses on banks’ regulatory capital ratios during the… Continue Reading