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Kashkari: Higher Capital Is Better Remedy than TLAC

American Banker

Minneapolis Federal Reserve Bank President Neel Kashkari Monday expanded on his views about the state of financial regulation while casting doubt on the "total loss absorbing capacity" concept for bailing in failed banks.

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Ballard Spahr Submits Comment Letter to OCC in Support of Proposed True Lender Rule

CFPB Monitor

1831d(a) (“Section 27(a)”), which governs the interest charges of state-chartered FDIC-insured banks. 93a, the OCC is generally “authorized to prescribe rules and regulations to carry out the responsibilities of the office.” Significantly, the Supreme Court in Smiley, relying upon Marquette Nat’l Bank of Minneapolis v.

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'Too Big to Fail' Forum: Plenty of Heat, Little Light

American Banker

In a forum at the Federal Reserve Bank of Minneapolis aimed at examining progress made in ending the era of Too Big to Fail banks, academics engaged widely differing views on the nature of bank risk and how far regulators have come in addressing them since the crisis.

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'Ending Contagion' Is the New 'Ending Too-Big-to-Fail'

American Banker

As the Federal Reserve Bank of Minneapolis continues its yearlong inquiry into how to end "too big to fail" in the banking system, academics and economists are starting to home in on a different but related question: How do we keep financial contagion from creating financial crises?