Corporate Governance For Banking Institutions Is Different

12 October 2016
New York University School Of Law’s Compliance & Enforcement Blog
Observers have often asked whether corporate governance for banking institutions, i.e., banks and bank holding companies, is (or should be) different from governance for other corporations. The resounding answer from the bank regulatory authorities is that the governance of banking institutions is (and should be) different from the governance of other corporations because of the special credit and liquidity functions performed by banking institutions.