Publications

Banking Perspective Q2 - 2014


Section 165 Revisited: Rethinking Enhanced Prudential Regulations

An exploration of the legislative history of §165 of Dodd-Frank offers insight into the original aims of enhanced prudential regulation. Can the recalibration of enhanced prudential regulations not only result in better regulation but also more accurately reflect the original purposes of §165?

by Andrew Olmem, Venable LLP

NURFS Regional Bank Roundtable

Executives from Capital One, Comerica, Fifth Third, KeyBank, and U.S. Bank weigh in on the most important issues impacting regional banks, including their growth strategy, competitive challenges, the regulatory environment, the U.S. economic outlook, and how the regulatory framework can be better calibrated to address the risks posed by regional banks.

by NURFS Staff

Big Fish in Small Ponds: Why Regional Banks Need to Achieve Critical Mass

As regional banks find themselves competing with their larger counterparts in most markets, they must achieve critical mass across the majority of their individual footprints, continue to invest in local specialization and customer experience, and carefully manage their branch presence in order to optimize their performance.

by Chris Mazingo and Pradip K. Patiath, McKinsey & Company

Effective Bank Governance in the Age of Heightened Expectations

Regulators have sought to expand the role of the board of directors, raising potential concerns around blurring the line between board and management. Paul Harris of KeyCorp offers his perspective on how banking organizations can achieve effective governance in a manner consistent with the board’s traditional oversight role in the current regulatory environment.

by Paul Harris, Secretary and General Counsel, KeyCorp

The Evolving Governance Model for Cybersecurity Risk

As cybersecurity risks for banks become increasingly acute, it is critical that banks pursue a new cross-disciplinary governance model for information and cybersecurity risk that addresses these emerging threats. The common element for banking organizations of all sizes, including regional banks, is that they should manage cybersecurity risk in a manner that suits their unique risk profile.

by Gary Owen, Promontory Financial Group

Charting a Course in Payments: Peril and Promise for Regional Banks

Finding the “just right” efforts in payments will allow regional banks to flourish at the middle-of-the-road scale and offset heightening pressures on their business models.

by John Beran, The Beran Group, and Hugh Gallagher, First Manhattan Consulting Group

Departments

By The Numbers

A quantitative look at the role of regional banks in the broader financial ecosystem.

Featured Moments

Visual highlights from recent NURFS events.

For The Record

In this issue, BB&T CEO Kelly King argues that, while being in the “sweet spot” should have some advantages for regional banks, the success of an institution will not be dictated solely by its size. Instead, it will be a function of how well an institution manages risks and how well it produces a return for its shareholders.

My Banking Perspective

Regional banks add immense economic value to the regions and local communities that they serve with a risk profile that more closely resembles that of a community bank than that of a G-SIFI. Policymakers should consider this in setting regulatory thresholds.

Research Rundown

Highlights from academic and policy research on issues in the banking and payments industry.