International bank regulation: Right or wrong track?
William “Bill” Isaac, former chairman, FDIC, in his keynote at the 14th Asian Banker Summit, spoke on smarter regulation, greater market discipline, reducing moral hazard, and ending too big to fail.
I’ve been asked to address the financial crisis in the U.S. which has spread across much of the world and to offer my views on whether we are on the right track or wrong track in our international approach to bank regulation and supervision.
I’ve spent my entire career in the financial industry in various capacities. I began as a regulatory and bank acquisition expert with a major law firm and then served as general counsel for a regional bank. In 1978, at the tender age of 34, I was appointed by President Carter to the board of directors of the Federal Deposit Insurance Corporation.…
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, Risk and Regulation
Keywords: Asian Banker Summit 2013
, Fifth Third Bancorp
, US Fed