In a recent American Banker BankThink op-ed, Financial Services Forum President and CEO Rob Nichols discusses the progress that is being made toward ending “too-big-to-fail” as U.S. banks today are safer, sounder, more secure, transparent, accountable and are performing critical functions in the global economy. He further disputes recent studies and arguments that claim that large banks enjoy a higher cost of funding advantage.
The Financial Services Forum recently joined a group of eleven business and financial services trades in sending a letter to House Ways and Means Committee Chairman Dave Camp (R-MI) that opposes the new lending tax on financial institutions included in Camp’s tax reform discussion draft.
Financial Services Forum President and CEO Rob Nichols recently appeared on CNBC’s “Squawk Box,” where he detailed the legislative, regulatory and industry changes that have occurred over the past five years to make our financial system safer and more secure.
In a Yahoo Finance Exchange Blog op-ed, Forum President and CEO Rob Nichols details the changes that the financial industry has undergone in the last 5 years, why it is more safe and sound than ever before, and the importance of financial institutions of all sizes to support economic growth and job creation.
Financial Services Forum President and CEO Rob Nichols recently appeared on CNBC's "Closing Bell" where he discussed bank regulation, the safety and soundness improvements made within the financial sector, and the important role banks of all sizes play in the U.S. economy.
The Financial Services Forum is a non-partisan financial and economic policy organization comprising the CEOs of 18 of the largest and most diversified financial services institutions doing business in the United States.
The purpose of the Forum is to pursue policies that encourage savings and investment, promote an open and competitive global marketplace, and ensure the opportunity of people everywhere to participate fully and productively in the 21st-century global economy.