The Regulation of Financial Institutions: Banks and Fintechs

Catalog description

Provides an overview of basic banking issues with a focus on the regulatory environment. Discusses the structure of the financial services industry, including the charter choice, capital structure, and market structure of banks, financial holding companies, and nonbank or fintech firms. Covers selected consumer financial products and services related to mortgages, loans, and payments, with a focus on the consumer protection models utilized by regulators. Devotes time to the regulation of systemic risk through regulatory tools for supervision, enforcement, and the toolkit for bank failures. Focuses on federal regulation of banking, with an opportunity to compare state regulation during a conversation with local bankers and a Nebraska banking regulator. Evaluation is based on class participation and a paper.