Category: Eric Fischer

New Exam Handbook Sparks Fears of Higher Bar for Small Banks

American Banker (subscription required) Eric Fischer, Center for Finance, Law & Policy, School of Law A new exam handbook released by the Office of the Comptroller of the Currency is sparking concerns that the agency is quietly expanding heightened regulatory standards meant for larger banks to smaller institutions… Expert quote: “There’s greater emphasis on exercising […]

Does Good Corporate Governance Pay Off

Bank Director Eric Fischer, Center for Finance, Law & Policy, School of Law Corporate governance got increased scrutiny after the wave of scandals following Enron’s collapse, which proved that executive oversight is more than a vacuous administrative function performed by a company’s board of directors… Expert quote: “When the economy is strong and growing, many […]

This Is a Very Good Point About Wells Fargo and U.S. Bancorp

Motley Fool Eric Fischer, Center for Finance, Law & Policy, School of Law The two best-run big banks right now are Wells Fargo (NYSE:WFC) andU.S. Bancorp (NYSE:USB), but shareholders in even these companies must stay vigilant, as today’s darlings are often tomorrow’s pariahs… Expert quote: “Wells Fargo and U.S. Bank look great now, but that […]

OCC’s Fine Print Contains Tough Requirements for Directors

American Banker (subscription required) Eric Fischer, School of Law, Center for Finance, Law & Policy Bank boards that thought they skirted having to “ensure” management was in compliance with heightened regulatory standards should think again… Expert quote: “The word I would object to is ‘effective’. Whether the corrective actions were the ‘effective’ changes or not […]