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Nov 28, 2012

The Fed’s Warning Shot at Foreign Banks

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Federal Reserve Governor Daniel K. Tarullo announced yesterday that the Federal Reserve is rethinking its historical approach to the regulation of U.S. operations of foreign banks, a move with potentially serious consequences for foreign banks.

View full memo, "The Fed’s Warning Shot at Foreign Banks"

Authors and Contributors

Bradley K. Sabel

Of Counsel

Financial Institutions Advisory & Financial Regulatory

+1 212 848 8410

+1 212 848 8410

New York

Russell Sacks

Partner

Financial Institutions Advisory & Financial Regulatory

+1 212 848 7585

+1 212 848 7585

New York

Barnabas Reynolds

Partner

Financial Institutions Advisory & Financial Regulatory

+44 20 7655 5528

+44 20 7655 5528

London

Thomas Donegan

Partner

Financial Institutions Advisory & Financial Regulatory

+44 20 7655 5566

+44 20 7655 5566

London

Charles Gittleman

Of Counsel

Financial Institutions Advisory & Financial Regulatory

+1 212 848 7317

+1 212 848 7317

New York