Brokered deposits in the fintech age
Featuring keynote remarks by FDIC Chairman Jelena McWilliams
Past Event
Introduction & Keynote speaker
Introduction & Keynote speaker
Fireside chat
Panel discussion
Financial technology has altered how money moves. What risks are posed to banks and customers when these funds are brokered between banks? Are brokered deposits the risky form of “hot money” associated with troubled banks? Or, are they tools of cash management serving a new financial landscape? Do regulations need to change and, if so, how?
On Wednesday, December 11, the Center on Regulation and Markets at Brookings hosted FDIC Chairman Jelena McWilliams to share her insights and thoughts on the balance between modernizing regulation to adapt to technology while ensuring safety and soundness for depositors. Following McWilliams’ speech, a panel of experts offered their perspectives.
Agenda
Introduction
Aaron Klein
Miriam K. Carliner Chair - Economic Studies
Senior Fellow - Center on Regulation and Markets
Keynote speaker
Jelena McWilliams
Chairman - FDIC
Fireside chat
Jelena McWilliams
Chairman - FDIC
Aaron Klein
Miriam K. Carliner Chair - Economic Studies
Senior Fellow - Center on Regulation and Markets
Panel discussion
Shamir Karkal
Co-founder & CEO - Sila
Dennis Kelleher
President and CEO - Better Markets
Alison Touhey
Vice President and Senior Regulatory Advisor, Office of Regulatory Policy - American Bankers Association
Aaron Klein
Miriam K. Carliner Chair - Economic Studies
Senior Fellow - Center on Regulation and Markets
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