James Stevens, co-leader of the Financial Services Industry Group at Troutman Pepper, was quoted in the July 6, 2023 S&P Global Market Intelligence article, “More US Banks Revise Call Reports as Uninsured Deposits Come Under Scrutiny.”

“Whether you’re worried about regulatory scrutiny, whether you’re worried about customer scrutiny or whether you’re worried about the special assessment, it’s really the same thing,” James Stevens, partner and co-leader of Troutman Pepper’s Financial Services Industry Group, said in an interview. “If people are paying more attention to it, they may be dotting their i’s and crossing their t’s, and that’s potentially causing some restatements.”

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