Every bank, in order to expand its customer base, needs to understand the requirements of its customers and the market, credit and operational risks involved in its operations.
Randal K Quarles: The future of the Federal Reserve's balance sheet Speech by Mr Randal K Quarles, Vice Chairman for Supervision of the Board of Governors of the Federal Reserve System, at the 2019 US Monetary Policy Forum, sponsored by the Initiative on Global Markets at the University of Chicago Booth School of Business, New York City, 22 February 2019.