In The New York Times, White & Case partner Douglas Landy discusses how bank regulators, in particular the Office of the Comptroller of the Currency, are looking at community banks and small regional lenders to make sure those institutions are moving to reduce their overall loan exposure or are raising more capital to cover any losses, as investors worry that these banks could be a crisis waiting to happen.
"The comptroller's office sees little downside in taking an aggressive approach with the small banks," said Landy.
"The O.C.C. and the other regulators are looking at this and saying, 'Let's prepare for a bad situation in the future and if it doesn't happen, no harm, no foul,'" he said.
See the full New York Times article here.
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