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Stock impact report

Fed Gov. Bowman: Regulatory review reforms for banks should be fairer, more efficient, timely [Seeking Alpha]

Signature Bank (SBNY) 
Last signature bank earnings: 4/23 05:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.signatureny.com/investor-relations
Company Research Source: Seeking Alpha
mergers and acquisitions and de novo bank formations are fair, efficient and timely. During a speech at a workshop on the future of banking, hosted by the Federal Reserve Bank of Kansas City, Governor Bowman said that the bank failures of Silicon Valley and Signature Bank continue to be a driving force for regulatory and supervisory reforms. She said that those failures “and the stress to the banking system that ensued, caused many institutions to retrench and prompted regulators to renew their focus on bank regulatory and supervisory policy and approach.” As a result, banks enhanced their focus on fundamental risks like interest rates and liquidity risk with a much more conservative approach in both risk management and lending. She said that the great volume of changes to the supervisory processes present challenges to regulated institutions. “We should ask whether the volume of reforms that have been proposed, recently finalized, or that are in the pipeline, reflect appropri Show less Read more
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