I have also been meaning to apprise you of Stephanie Losi’s substack. If you don’t remember her, she was an examiner. I met her while on the JPMC team.
I got introduced to her circular coming off Covid and found her intellectual pursuits refreshing.
Hey, when you have a min, did you see my comment/question to you about taking a clustered approach to designating non bank sifis?
Would appreciate your challenging the idea. To simplify, that fact that supervisors require bank close out exercises to include clusters of failed counterparties speaks volumes. To me it is common sense that you would designate a cluster of firms as easily as you might justify an individual firm…and on bank side, the most recent cluster bore that logic out…oui?
Hi Alexa, sorry for not responding sooner. I'm looking, but I can't find a note on designating non-bank sifis. Just send it directly to my email: bpetershome@yahoo.com
Thanks!
I have also been meaning to apprise you of Stephanie Losi’s substack. If you don’t remember her, she was an examiner. I met her while on the JPMC team.
I got introduced to her circular coming off Covid and found her intellectual pursuits refreshing.
Be well
Thanks. I just found it and subscribed. Good stuff.
Hey, when you have a min, did you see my comment/question to you about taking a clustered approach to designating non bank sifis?
Would appreciate your challenging the idea. To simplify, that fact that supervisors require bank close out exercises to include clusters of failed counterparties speaks volumes. To me it is common sense that you would designate a cluster of firms as easily as you might justify an individual firm…and on bank side, the most recent cluster bore that logic out…oui?
Hi Alexa, sorry for not responding sooner. I'm looking, but I can't find a note on designating non-bank sifis. Just send it directly to my email: bpetershome@yahoo.com
Can you send me a link, or its name?
Hope you are well.