Description: The Bank Policy Institute (BPI) is a nonpartisan public policy, research and advocacy group, representing the nation's leading banks.
After the 2008-09 global financial crisis, the Basel Committee on Banking Supervision, the global standard setting body for bank regulation, agreed on a complete overhaul of bank capital standards, known as “Basel III.” Jurisdictions throughout the world, including the United States and Europe, have largely implemented those standards. Generally speaking, Basel III defines minimum bank …
Banks support the economy, consumers and the financial system every day to help meet American national security goals, promote innovation and preserve U.S. competitiveness. The following document highlights the benefit of large banks to the economy and identifies several problems with the current regulatory framework that could jeopardize the ability of banks to best serve …
Something Missing: Omissions and Surprises in the Federal Reserve’s SVB Report Policy responses to SVB’s failure would have major implications for banks’ financing of the U.S. economy and long-term economic growth. The appropriate policy response depends on a clear, factual understanding of what caused the failure. Gaps: The Fed did not design its SVB report to …