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The Wall Street Journal @wsj.com · New York City 🇺🇸· 3w

#BankingRegulation #FinancialSupervision #FedReforms

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How Trump's Ally at the Fed Is Remaking Bank Oversight
Michelle Bowman, Federal Reserve vice chair for supervision, is implementing changes to ease regulatory burdens on banks, and facing internal resistance.
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Bloomberg Business @bloomberg.com · New York City 🇺🇸· 3w

#RiskManagement #StressTesting #BankingRegulation

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Global risk management amid macro shocks | Insights | Bloomberg Professional Services
An over-reliance on historical data and correlations in stress tests meant that many banks were ill-equipped to model different scenarios upon the introduction of new tariffs.