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Chasing Charters
BY MICHELE ALT When it comes to bank charters, there’s a sizable gulf between the OCC’s words and actions. In his February 21 speech at...
Michele Alt
Feb 22, 20242 min read


Klaros Insights on Generative AI - Part 2
BY POORANI JEYASEKAR AND DAT TRAN President Biden’s executive order on the safe, secure, and trustworthy development and use of...
Brian Graham
Dec 7, 20233 min read


Klaros Insights on Generative AI - Part 1
BY POORANI JEYASEKAR AND DAT TRAN In today’s competitive landscape, the mantra of ‘doing more with less’ resonates across multiple...
Brian Graham
Dec 1, 20233 min read


The Klaros take on the new Fed Guidance on novel activities
The Fed’s announcement regarding its Novel Activities Supervision Program makes clear that some state member banks that partner with...
Klaros Group
Aug 21, 20234 min read


Chairman Gruenberg is Swinging
BY KEVIN STEIN FDIC Chairman Marty Gruenberg’s recent speech at the Brookings Institution Center for Regulation and Markets had some...
Kevin Stein
Aug 15, 20233 min read


Debunking Deposit Dogma
BY TOD GORDON Bank liquidity regulation and resulting practices were derived and honed from the learnings of the Financial Crisis. A...
Tod Gordon
Jul 12, 20232 min read


Regulators Need to Finish the Job of Curbing Faulty Banker Incentive Compensation Arrangements
BY MICHELE ALT In the Fed report analyzing the dramatic collapse of Silicon Valley Bank (SVB), Michael Barr, the Fed’s vice chair for...
Michele Alt
May 12, 20232 min read


Bail-In Out: What Happened to Bondholders in the UBS–Credit Suisse Merger?
By PATRICK HAGGERTY Following the announcement over the weekend that Swiss regulators had forced through an emergency acquisition by UBS...
Patrick Haggerty
Mar 23, 20237 min read


Klaros’ 2023 Banking, Fintech, and Regulatory Predictions
Happy New Year from the Klaros Group! Like our media friends at Axios, Bloomberg, and Fortune, we took stock of the trends that dominated...
Klaros Group
Jan 9, 20233 min read


What we can learn from the CFPB’s record $3.7 billion judgment against Wells Fargo
BY CHRISTINA HUNT-FUHR, PAUL MARKER, AND DAT TRAN There’s a lot to unpack in the CFPB’s recent press release and consent order against...
Christina Hunt-Fuhr
Dec 21, 20223 min read


Regulatory Pressure on BaaS is Mounting at a Critical Juncture for the Industry
BY PATRICK HAGGERTY Banks have been providing back-end services that enable nonbanks to offer financial services to their customers for...
Patrick Haggerty
Oct 4, 20223 min read


The Interagency CRA Proposal Redefines Financial Inclusion
BY TRACY BASINGER Time is getting short for bankers to submit comments on the proposed interagency revamp of the Community Reinvestment...
Tracy Basinger
Jul 25, 20223 min read


Klaros Insights: CFPB Dusts Off Old Rules to Expand Oversight of Nonbanks
BY JONAH CRANE AND JOHANNE LAURBERG On April 25, 2022, the Consumer Financial Protection Bureau (CFPB) announced that it would dust off...
Jonah Crane
May 4, 20224 min read


Klaros Insights: New UDAAP Exam Manual Clarifies CFPB Focus on Discrimination
By Catherine Brown and Paul Marker Since his nomination by President Biden, we’ve anticipated CFPB Director Rohit Chopra will adopt a...
Brian Graham
Mar 17, 20222 min read


Prepare Now for Climate Risk Supervision
The drumbeat signaling the advent of climate risk supervision just got louder - and while final supervisory guidance is still likely some...
Tracy Basinger
Nov 22, 20212 min read


What's Up With PPP?
On April 19, as Congress was debating how much funding to add to the Paycheck Protection Program (“PPP”), I argued that the funding under...
Brian Graham
May 13, 20205 min read


Small Business & COVID-19: What We're Doing Isn't Fair or Smart
Last Thursday, the Small Business Administration officially announced the inevitable: the Paycheck Protection Program (PPP), the Federal...
Brian Graham
Apr 19, 20204 min read
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