Davis Polk partner and Financial Institutions practice head Margaret Tahyar authored “Good Intentions – Bad Results” in Open Banker. In the article, Margaret contends that the shock of the financial crisis led bank supervisors to over-focus on culture, reputation and the soft elements of management judgment. She notes that recent actions from the Federal Reserve, the FDIC and the OCC are a welcome start, and supervisors should continue with “an enhanced commitment to responsible transparency.”

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