Fed study reveals greater complexity in US banks

• Autores: Zoe Thomas
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 34, Nº. 39 (10/12/2015), 2015
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article focuses on a study by the New York Federal Reserve, which found that complexity in the way banks maintain foreign subsidiaries is increasing. It is noted that regulators' desire for banks to simplify their internal structures and make clear wills has risen following the expansion of number of legal layers between a bank subsidiary and its top holder from three to an average of five from 1990 to 2014