As the Regulatory Winds Shift Again, Some Considerations for Bank Leaders

Federal bank regulation has existed in the United States since the Office of the Comptroller of the Currency (OCC) was created during the Civil War. Since that time, regulatory rigor has waxed and waned between the desire for financial market stability, safety, and soundness, and the drive for economic growth and corporate freedom of action.  

In the late 20th century, the need for larger and more globally competitive banks led to 1999’s