The fourth quarter 2014 issue of Banking Perspectives explores the topic of financial resiliency. How can we strike the right balance between promoting financial stability on the one hand while ensuring that the banking system can contribute to economic growth on the other? Andrew Lo, of MIT’s Sloan School of Management, describes how we can take steps to better measure these tradeoffs, and the University of Chicago's Randy Kroszner describes the policy tradeoffs involved in macroprudential regulation. We also have the privilege of featuring an interview with Brian Moynihan, Chairman and CEO of Bank of America and incoming TCH Chairman, who discusses the challenges and opportunities facing the banking industry.Download Full Issue
By the NumbersA quantitative look at the contributions of banks to the U.S. economy.
Featured MomentsVisual highlights from TCH’s Annual Fall Leadership Dinner.
For the RecordTCH Association President Paul Saltzman calls for a reconceptualization of banking resilience and discusses key considerations for macroprudential policy with this in mind.
My PerspectiveAs banks and other market participants were under-prepared for the liquidity challenges of the crisis, heightened focus on liquidity is justified. However, regulators should be wary of how new liquidity regulations interact with capital rules, impact greater risk management practices, and drive liquidity risk to the shadows.
Research RundownHighlights from academic and policy research on issues in the banking and payments industry.
TCH AnalyticsA snapshot of selected trends in the banking sector.