Monthly Archives: December 2015

The community banks: The evolution of the financial sector, Part III

Martin Neil Baily and Nicholas Montalbano of Brookings recently published a paper on the role of community banks in local economic development and small business lending.  The authors find that despite concerns about the long-term survival of community banks due … Continue reading

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OCC to Require Largest Banks to Develop “Recovery Plan” to Survive Financial Crises

The Office of the Comptroller of the Currency (OCC) announced this week that the nation’s largest banks will need to develop a “recovery plan” to help it survive a crisis.The OCC’s announcement signifies an effort by the agency to provide … Continue reading

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