Mortgage banking subsidiaries of bank holding companies (BHCs) became increasingly active players in the mortgage origination market during the last decade. At the time, the Federal Reserve Board (FRB) had supervisory power over BHCs, and under the Bank Holding Company Act was authorized to...

What is the relationship between a bank holding company's size and the risk it takes? The authors find that although the level of risk at large and small bank holding companies has not differed significantly, important distinctions exist in the nature of that risk. Historically, large companies'...

Remarks hosted by the Institute of Regulation & Risk North Asia, Hong Kong

Remarks hosted by the Institute of Regulation & Risk North Asia, Tokyo, Japan.

Based on remarks at the Group of 30 plenary meeting, Bern, Switzerland.