Search Results
Bankers Name Tightening Margins, Cybersecurity as Top Challenges
Tightening margins and technology concerns top the list of challenges for community bankers, according to the 2023 CSBS Annual Survey of Community Banks.
Speech
Remarks at the University of International Business and Economics, Beijing, China
Remarks at the University of International Business and Economics, Beijing, China.
Speech
Perspectives on Cybersecurity, the Financial System, and the Federal Reserve; 04.04.19 Ohio Bankers Day, Ohio Division of Financial Institutions, Columbus, OH
I thank the Ohio Division of Financial Institutions for inviting me to be a part of the 2019 Ohio Bankers Day. Bankers have a unique perspective from which to gather information on the health of the economy. I appreciate the insights I gain from speaking with bankers throughout the Cleveland Fed?s District, including those who serve on our Board of Directors and our Community Depository Institutions Advisory Council, and I am looking forward to hearing your questions and comments after my prepared remarks.
Cybersecurity, Regulation among Bankers’ Top Challenges
Cybersecurity and regulation are among the top challenges for community bankers in 2024, according to the latest CSBS Annual Survey of Community Banks.
Speech
Remarks to the Assembly of Governors of the Association of African Central Banks, South African Reserve Bank, Pretoria, South Africa
Remarks to the Assembly of Governors of the Association of African Central Banks, South African Reserve Bank, Pretoria, South Africa.
Speech
Introductory remarks at the Community Bankers Conference, Federal Reserve Bank of New York, New York City
Remarks at the Community Bankers Conference, Federal Reserve Bank of New York, New York City.
Speech
Thoughts on cybersecurity from a supervisory perspective: remarks at SIPA’s Cyber Risk to Financial Stability: State-of-the-Field Conference 2019, Federal Reserve Bank of New York, New York City
Remarks at SIPA?s Cyber Risk to Financial Stability: State-of-the-Field Conference 2019, Federal Reserve Bank of New York, New York City.
Speech
The new era of supervision: progress to date and the road ahead
Remarks at the New York Bankers Association's Annual Meeting, New York City.
Journal Article
Cyberattacks and the Digital Dilemma
Recent high-profile hacks have renewed calls for improved security, but competing incentives pose a challenge
Report
Natural Centralization in Decentralized Finance
Can centralization arise absent barriers to entry? We confront this question by studying the Ethereum blockchain, a market featuring permissionless entry, standardized protocols, and a transparent public ledger. We show that natural centralization emerges when information asymmetry confronts risk-sharing. Using a novel dataset distinguishing private from public order flow, we find that a 1 percent increase in the value of private information causally increases an intermediary’s profit share by 0.57 percent. We use a dynamic bargaining model to illustrate that intermediaries leverage private ...