Fed Ramps Up Demands for Corrective Actions by Regional Banks
James Stevens, co-leader of Troutman Pepper's Financial Services Industry Group, was quoted in the August 30, 2023 Bloomberg article, " Fed Ramps Up Demands for Corrective Actions by Regional Banks." The article was also published in American Banker and Reuters.
"There's just been a very noticeable and heightened regulatory focus on anything liquidity, deposits or funding related," James Stevens, the co-leader of the financial services industry group at the law firm Troutman Pepper. "I can't think of ever experiencing such an acute focus on deposits, liquidity and funding risk. That's manifesting itself in a lot of rule-making and a lot of on-site examination questions."