Corporate Governance, Banking Regulators

As Predicted, Silicon Valley Bank Failure Will Test Fiduciary Duties Of Officers And Directors Under California Law

Allen Matkins on 1/31/2025

Late last year, I wrote that the the Board of Directors of the Federal Deposit Insurance Corporation had voted unanimously to approve the staff’s request for authorization to file a suit against six former officers and 11...more

Governance and D&I: what the UK regulators expect from financial services firms

A&O Shearman on 12/19/2023

The UK financial services regulators’ latest proposals for improving diversity and inclusion (D&I) have implications for the governance and oversight arrangements of in-scope firms. Building on existing requirements, the...more

Stressed Out - Final Interagency Guidance on Climate Risk Management for Large Banks

Venable LLP on 10/31/2023

The federal banking agencies recently issued final interagency guidance concerning how large banks may control for climate-related financial risks (“climate risks”). The guidance is largely consistent with the proposal and...more

Fed announces climate scenario exercises

Orrick, Herrington & Sutcliffe LLP on 1/20/2023

On January 17, the Federal Reserve Board provided additional details regarding its upcoming pilot climate scenario analysis exercise and the information on risk management practices that will be gathered from the program. ...more

What is Concentration Risk and How to Reduce It?

Mitratech Holdings, Inc on 8/20/2020

Concentration risk is accepted, within multiple industries, as the probability of loss due to a large dependence on a single vendor, geographic area, or investment portfolio. ...more

Federal Reserve Proposes To Clarify Bank Control Rules

Herbert Smith Freehills Kramer on 6/4/2019

Investors that own large stakes in a bank can trigger the Federal Reserve’s oversight if they have “controlling influence” over the bank. ...more