50th Annual Conference on Bank Structure and Competition
Transitioning to the "New Normal" in Banking
May 7-9, 2014
The financial crisis evolved over the 2007-08 time period, helping send the economy into the “Great Recession.” As the largest financial institutions encountered significant difficulties and capital markets seized up, the central bank and financial regulators responded aggressively to protect the financial industry and contain the damage to the broader economy. There were efforts to assist the financial system—introducing new credit facilities, deposit guarantees, troubled asset relief program (TARP), etc.— and others to prevent future crisis by revamping and “modernizing” the financial regulatory framework—most notably, the passage of the Dodd-Frank Act. The regulatory agencies have been implementing the various components of Dodd-Frank since 2010.
Where are we? For the first few years following the financial crisis it was common to hear concerns about uncertainty in how new regulations would be rolled out (Dodd-Frank, Basel 3, etc.) and how they would affect the industry. Now many of those components have been implemented, or have been announced and scheduled for implementation. As a result, concerning the banking environment are we now in the "new normal?" If so, how has the regulatory-supervisory framework fundamentally changed? How does it affect financial firm strategies? Will the reforms result in changes to industry structure? Will they push industry activity toward the unregulated "shadow" sector? Are certain segments of the industry particularly affected? Are additional "tweaks" to regulatory reform still necessary?
We invite you to join other financial industry leaders, scholars, and regulators at this year’s Bank Structure Conference to discuss these and related issues. We are particularly pleased to have keynote presentations by:
- Daniel K. Tarullo, Governor, Board of Governors of the Federal Reserve System
- Barney Frank, former U.S. Congressman and Chairman, House Financial Services Committee
- Richard Cordray, Director, Consumer Financial Protection Bureau
Information will be updated on this website as it becomes available. We hope you will join us in May.
Daniel K. Tarullo took office on January 28, 2009, to fill an unexpired term ending January 31, 2022.
Prior to his appointment to the Board, Mr. Tarullo was Professor of Law at Georgetown University Law Center, where he taught courses in international financial regulation, international law, and banking law. Prior to joining the Georgetown Law faculty, Mr. Tarullo held several senior positions in the Clinton administration.
From 1993 to 1998, Mr. Tarullo served, successively, as Assistant Secretary of State for Economic and Business Affairs, Deputy Assistant to the President for Economic Policy, and Assistant to the President for International Economic Policy. He also served as a principal on both the National Economic Council and the National Security Council. From 1995 to 1998, Mr. Tarullo also served as President Clinton's personal representative to the G7/G8 group of industrialized nations.
Before joining the Clinton administration, he served as Chief Counsel for Employment Policy on the staff of Senator Edward M. Kennedy, and practiced law in Washington, D.C. He also worked in the Antitrust Division of the Department of Justice and as Special Assistant to the Undersecretary of Commerce. From 1981 to 1987, Mr. Tarullo taught at Harvard Law School. Read more...
Hotel and Local Area Area Information
The host hotel is sold out for May 7 and 8. Please check with the additional hotels below, which are located within walking distance of the conference.
Rate: $281 plus tax.
Reservations: Please register online. For questions or assistance with your hotel reservation, please call (877) 303-0104. If calling, please mention the Bank Structure Conference.
Deadline: April 15, 2014. Please be sure to make your hotel reservation by this date to ensure you receive the conference sleeping room rate.
Encounter a landmark downtown Chicago luxury hotel and experience the renowned architecture of Daniel Burnham and his vision for a luxury hotel in Chicago. Located at LaSalle and Adams, this luxury hotel soars above skyscrapers in the heart of one of the world's most powerful financial districts. With a $396 million restoration, the historic JW luxury hotel exudes Burnham's refined style combined with 21st century sensibility, providing downtown Chicago with a one-of-a-kind authentic destination. Unwind in 610 luxury sleeping rooms or rejuvenate body and mind inside our world-class 20,000 sq. ft. spa and wellness center. Enjoy breakfast, lunch or dinner at the Florentine restaurant, featuring Italian-American Fare. The lobby lounge offers $5 appetizers between 5 p.m. and 7 p.m. As the epitome of refined elegance, the JW Marriott luxury hotel in downtown Chicago provides stunning domed-ceiling ballrooms and meeting venues for corporate gatherings or extravagant weddings and social soirees. Discover Daniel Burnham's foundation of excellence at the JW Marriott Chicago, and experience a premier luxury hotel in Chicago.
Rate: $399 and up
A cosmopolitan property located across the street from the JW Marriott, the W Hotel features Rainforest showers, oversized work desks, down pillows, and more. Room sizes vary greatly so inquire the reservationist about availability.
Rate: $189 and up
A business class property located just 2 blocks from the Federal Reserve Bank in the heart of the city’s financial district. This property features a complimentary fitness center, complimentary chilled, bottled water on each floor and a comfy, lower level living room for guests.