§ 343(3)), available on the Board’s website at https://www.federalreserve.gov/aboutthefed/section13.htm (quoted text in paragraph (3)(A)). 9  10  -5At times like these, cooperation between the fiscal and monetary authorities strengthens financial stability. A financial crisis is not a time for uncooperative behavior from either side.
This strong performance has occurred concurrently with institutions’ continued efforts to improve their risk-identification and management strategies. That said, certain areas in banking operations, such as credit concentrations and business continuity planning, are placing pressures on risk-management systems.