Press Coverage October 13, 2025

US Banks’ Brokered Deposit Levels Would Drop Under Pending House Bills

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James W. Stevens

James Stevens, co-leader of Troutman Pepper Locke’s Financial Services Industry Group, was quoted in the October 13, 2025 S&P Global Market Intelligence article, “US Banks’ Brokered Deposit Levels Would Drop Under Pending House Bills.”

  • The custodial deposit bill “would make it clear that some portion of those are not brokered, which is great — [it] adds clarity to the complicated broker deposit regime that is currently in place,” said James Stevens, partner and co-leader of Troutman Pepper Locke LLP’s Financial Services Industry Group, in an interview.
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