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Fact Sheet: Large, Global U.S. Banks Are Safer, Smaller, and Simpler

Financial regulation is designed to ensure a level playing field and protect taxpayers and the broader economy. Recent reports, data, and market developments have shown that America’s largest banks – which serve customers of all sizes, from America’s largest companies to millions of small businesses – have become smaller and simpler. Capital has doubled and liquidity has tripled among the largest firms. Furthermore, among all banks, new capital surcharges and long-term debt requirements are encouraging all banks to reconsider scope and scale.

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Recent Work

22January, 2018

Press Release: Financial Services Forum Announces Barbara Hagenbaugh As Executive Vice President And Head Of Communications

Today, the Financial Services Forum (Forum) announced Barbara Hagenbaugh will join the organization as Executive Vice President and Head of Communications. Hagenbaugh comes to the Forum from the Federal Deposit Insurance Corporation (FDIC), where she has served as chief spokesperson for the agency in her capacity as the Deputy to the Chairman for Communications.

20September, 2017

Press Release: Financial Services Forum Announces Kevin Fromer As New President And CEO

The Financial Services Forum (Forum) announced the appointment of Kevin Fromer as its new President and CEO.  In his new role, Fromer will lead the Forum to promote a healthy financial system that supports economic growth and opportunity for all Americans. “Our members serve our clients each day with the capabilities we bring to help them compete, produce jobs, and drive the economy forward,” said Forum Chairman and Bank of America CEO Brian Moynihan. “Kevin has the experience to help us as we engage with policymakers on the best ways to promote growth and maintain financial stability.”

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