“The approach outlined by Mr. Tarullo is a recognition that U.S. regulators cannot be sure a foreign parent bank will use its capital to rescue American operations when trouble strikes.”
Basel III, Dodd-Frank, Derivatives and Risk-based Supervision Training
“The approach outlined by Mr. Tarullo is a recognition that U.S. regulators cannot be sure a foreign parent bank will use its capital to rescue American operations when trouble strikes.”