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Preamble to the 2023 Compendium

by Michael J. Hsu

Compendium

Jun 07, 2023

Large banks provide invaluable support to the economy through lending and banking services offered to households and businesses across the country. Twenty years ago, the five largest U.S. banks had roughly $3 trillion in combined total assets. Today, the five largest have more than $12trillion and are more complex than ever. There are limits to a large organization’s manageability.

The 2023 Compendium is available now!

Now in its 6th year, Starling's Compendium features over 40 contributors from across the industry as well as detailed analysis of the latest trends in culture & conduct risk supervision.

2023 COMMENTS, CONTRIBUTIONS & CONCLUSIONS |“Too Big To Manage”

by Starling Insights

Compendium

Jun 07, 2023

In his opening Preamble to this report US Acting Comptroller of the Currency Michael Hsu questions whether some firms show signs of having grown “too big to manage” (or “TBTM”). Hsu argues that there are limits to the manageability of organizations.