Chen Xu – Debevoise FinReg and FinTech Blog

Reg Reform

U.S. Election 2024: Financial Services Outlook

By: Gregory J. Lyons, Andrew J. Ceresney, Satish M. Kini, Helen V. Cantwell, Charu A. Chandrasekhar, Courtney Dankworth, Erez Liebermann, Gordon Moodie, Jeffrey L. Robins, Kristin A. Snyder, Caroline Swett, Ted Hassi, Patrick Fuller, Chen Xu, Ben Collins-Wood, Alexandra N. Mogul, Taylor Richards and Brynn D'Avanzo November 4, 2024

Debevoise & Plimpton LLP has published a guide to the potential impact of the U.S. election on the financial services industry, including possible regulatory implications. The key takeaways from the…

Capital

Acting Comptroller Previews Changes to Liquidity Regulations

By: Gregory J. Lyons, Chen Xu and Tejas Dave January 25, 2024

Acting Comptroller of the Currency Michael Hsu recently gave a speech previewing potential changes to the federal banking agencies’ liquidity regulations. Specifically, he discussed recalibrating the outflow rates for uninsured…

Fintech

Instruments to Satisfy Proposed Bank Capital and Long-Term Debt Requirements

By: Morgan J. Hayes, Matthew E. Kaplan, Alison Hashmall, Joshua M. Samit, Chen Xu, Alexander R. Altieri, Ezra Newman, Taylor Richards and Jonathan Steinberg November 29, 2023

Over the past few months, U.S. federal banking regulators have issued a number of proposals aimed at enhancing capital and long-term debt requirements for both U.S. GSIBs and large regional…

Reg Reform

Banking Agencies Release Proposed Rules and Guidance on Long-Term Debt and Resolution Planning

By: Alison Hashmall, Matthew E. Kaplan, Gregory J. Lyons, Satish M. Kini, Morgan J. Hayes, Caroline Swett, Chen Xu, Nariné A. Atamian, Tejas Dave, Tzerina Dizon, Ezra Newman and Jonathan Steinberg August 31, 2023

As previewed by banking agencies for over a year and with increased frequency after the recent bank failures,[1] the Federal Deposit Insurance Corporation (“FDIC”), the Federal Reserve Board (“FRB”) and…

Reg Reform

Basel III Endgame Proposal Released Over Dissent

By: Chen Xu, Alison Hashmall, Satish M. Kini, Gregory J. Lyons, Caroline Swett, Tejas Dave and Taylor Richards July 28, 2023

After several years of anticipation, the Federal Reserve Board (“FRB”), Federal Deposit Insurance Corporation (“FDIC”) and the Office of the Comptroller of the Currency (“OCC”) (the “Agencies”) issued for comment…

Supervision

FSOC Proposes New Framework for Financial Stability Risks and Guidance on Nonbank Financial Company Designations

By: Satish M. Kini, Gregory J. Lyons, Caroline Swett, Alison Hashmall, Chen Xu, Nariné A. Atamian, Tejas Dave and Jeremy Lin May 22, 2023

At the end of April, the Financial Stability Oversight Council (“FSOC”) published for public comment two proposals that would make it easier for FSOC to designate nonbanks as systemically important…

Reg Reform

The Debevoise FinTech Blog Relaunches as “The Debevoise FinReg and FinTech Blog”

By: Satish M. Kini, Gregory J. Lyons, Jeffrey L. Robins, Caroline Swett, Robert Dura, Alison Hashmall, Emilie Hsu, Gary E. Murphy, Aseel Rabie and Chen Xu May 2, 2023

The Banking Group of Debevoise & Plimpton LLP has revised the name and expanded the scope of its blog, now titled “The Debevoise FinReg and FinTech Blog.” The revamped client…

Reg Reform

Key Takeaways from Bank Failure Reports

By: Gregory V. Gooding, Satish M. Kini, Sidney P. Levinson, Gregory J. Lyons, Jeffrey L. Robins, Caroline Swett, Alison Hashmall, Chen Xu, Tejas Dave and Ezra Newman May 1, 2023

As previewed in our client update from April 26, 2023, three government agencies released reports reviewing the failures of SVB Financial Group (“SVBFG”) and Signature Bank (“SBNY”) on Friday. Specifically:…

Reg Reform

Large Bank Oversight and M+A Ramifications from Recent Bank Failures

By: Satish M. Kini, Sidney P. Levinson, Gregory J. Lyons, Caroline Swett, Alison Hashmall, Chen Xu, Tzerina Dizon, Ezra Newman and Tejas Dave April 28, 2023

The Silicon Valley Bank (“SVB”) and Signature Bank (“Signature”) failures (together, the “March Failures”) were the second- and third-largest commercial bank failures in U.S. history. Six weeks after the March…