In his Banking column, Michael T. Escue, a partner at Sullivan & Cromwell, writes that in December 2012, the Federal Reserve published a new framework for consolidated supervision of large financial institutions, which are generally U.S. bank and savings and loan holding companies with assets of $50 billion or more and foreign banking organizations with assets of U.S. operations of $50 billion or more.
Updated Consolidated Supervision Framework for Large Institutions
New York Law Journal
March 29, 2013
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