In addition, the Board has sought public comment on the two most recent iterations of its ratings systems for holding companies, the RFI rating system and the LFI rating system. 5 And in the past year, the Board began publishing aggregate data on supervisory ratings—organized by different bank cohorts—as part of its report on bank supervision.
6 One concept that is inextricably linked to a supervisory rating is whether or not a firm is “well managed.” By law, in order to be well managed a firm must have at least a satisfactory management rating, if any is given by its supervisor, and a firm also must have at least a satisfactory overall or composite rating.