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US bank supervision since March 2023 failures hasn't keep pace with regulatory changes, analyst Petrou says

( July 24, 2024, 19:41 GMT | Official Statement) -- MLex Summary: Karen Petrou, a prominent banking analyst, says much of bank supervision since the March 2023 collapse of Silicon Valley Bank and other institutions hasn't keep pace with regulatory changes since that time. "What I find most discouraging about the United States' supervisory situation is how much remains unchanged in terms of structure, results and supervisory accountability not just since March of last year, but also since the 2008 Great Financial Crisis," Petrou, managing partner of Washington-based Federal Financial Analytics, said in a speech to the Peterson Institute for International Economics.See document below....

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