ja_mageia

Financial Regulatory Reform

Tagline

By Administrator

New Rules of the Road for the Financial Sector  

More...
Global Engagement

Tagline

By Administrator

America's economic prosperity depends on active engagement with the global economy.

More...
Competitive Tax Rates

Tagline

By Administrator

Competitive tax rates fuel economic growth and job creation.

More...
Engagement with China

Tagline

By Administrator

The U.S.-China economic relationship is the most important bilateral relationship in the world today.  

More...
Economic Value of Large Financial Institutions

Tagline

By Administrator

Large financial institutions provide significant value to the U.S. economy and American investors, business owners, and savers.

More...
Frontpage Slideshow | Copyright © 2006-2012 JoomlaWorks Ltd.
  • Narrow screen resolution
  • Wide screen resolution
  • Decrease font size
  • Default font size
  • Increase font size

Safety and Soundness Improvements Made Within the Financial Sector

Since the economic crisis, U.S. financial institutions have enacted numerous reforms that have strengthened the safety and soundness of the financial system and have reduced the likelihood of future market collapses. Improvements include:

  • capital and liquidity are double pre-crisis levels;
  • balance sheets are much more solid;
  • proprietary trading desks have been shut down;
  • risk management and governance structures have been dramatically improved;
  • banks have significantly deleveraged;
  • compensation structures have been reformed to closely align the personal incentives of employees with banks’ long-term performance and safety and soundness;
  • banks have passed multiple stress tests imposed by the Federal Reserve;
  • and banks recently submitted “living wills” to regulators, detailing the structure of each bank company and how companies could be dismantled in the event of a failure.

Overall, the U.S. banking system is safer, more transparent, and more accountable.  A sound financial sector is essential to getting the U.S. economy back on track, creating jobs, expanding opportunities for all Americans, and maintaining our global economic leadership.

 

Company logos

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.

Welcome to ForumBlog. This is where our policy team analyzes the latest proposals, ideas, and news surrounding financial sector regulatory reform, trade, and the economy. Our goal is to provide thoughtful insights on the issues impacting the intersection of Wall Street and Washington, as we 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.