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Fed: Bank Complexity, Governance and Risk
July 04, 2020
WASHINGTON, July 4 -- The Federal Reserve issued the following white paper by economist Ricardo Correa and Senior Vice President Linda S. Goldberg entitled "Bank Complexity, Governance, and Risk":

Abstract:

Bank holding companies (BHCs) can be complex organizations, conducting multiple lines of business through many distinct legal entities and across a range of geographies. While such complexity raises the the costs of bank resolution when organizations fail, . . .

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