Data Now Available for Use Evaluating the Individual Systemic Footprint of 33 Large U.S. Bank Holding Companies

Targeted News Service |

WASHINGTON, June 26 -- The Federal Reserve issued the following news release: The Federal Reserve Board today announced the availability of data that can be used to evaluate the individual systemic footprint of 33 large U.S. bank holding companies. The data will help to ensure comparability when evaluating the systemic risk profile of each banking organization. The data cover five categories often used when considering the potential systemic risk of a banking organization: size; interconnectedness; complexity; substitutability, which is a measure of how easily a firm's activities can be replaced by another firm; and cross-jurisdictional activity, which includes foreign liabilities and claims. The information will be published annually based on data from the previous calendar year. To access the data for year-end 2013, search for an individual holding company on the National Information Center website, www.ffiec.gov/nicpubweb/nicweb/nichome.aspx, recall its regulatory reporting forms, and download the Banking Organization Systemic Risk Report (FR Y-15). For media inquiries, call 202-452-2955. 2014 Banking and Consumer Regulatory Policy (http://www.federalreserve.gov/newsevents/press/bcreg/2014bcreg.htm) TNS 30BautistaJude 140627-4780163 30BautistaJude

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
VMY.H:CA Voice Mobility International Inc. 0.01 0.00 0.00 530

Comments

Emerging Growth

Enertopia Corp

Enertopia Corp is engaged in the exploration of lithium in Nevada, USA. The Company's project includes Central Nevada Lithium Brine Projects.

Private Markets

D-Wave

D-Wave Systems is the first quantum computing company. Its mission is to integrate new discoveries in physics, engineering, manufacturing, and computer science into breakthrough approaches to computation to help solve…

Pinterest

Pinterest is a visual discovery and planning tool. Users ("Pinners") use the site and apps to get ideas for their future, such as recipes, places to travel, and products to…