With attorneys and staff worldwide, Bryan Cave often makes the news. Recent media mentions of attorneys in the Financial Institutions group include:
Moeling in ABA Banking Journal
Atlanta Partner Walt Moeling was quoted in the October edition of the ABA Banking Journal concerning whether all banks should have a board-level “risk committee.” Currently, the Dodd-Frank Act imposes a risk-committee requirement on public bank holding companies (BHCs) of $10 billion or more. It empowers the Federal Reserve to impose such requirements on other public BHCs, but debate is growing as to whether all banks should voluntarily put these committees in place. “I think this is going to get into the examination process very quickly,” said Moeling, who thinks a risk committee isn’t necessary for small, simple community banks and should be reserved for more complex organizations.