It also has the potential to extend to commercial affiliates the federal safety net afforded to banks in recognition of their role in the economy. •  I believe that a bank holding company should act as a source of financial and managerial strength to its banking subsidiaries.
You are most likely aware that during the summer the U.S. agencies conducted additional analysis of the initial results from the fourth Quantitative Impact Study--known as QIS4. The agencies were concerned that the results from QIS4 showed a wider dispersion and a larger overall drop in regulatory capital requirements for the QIS4 population of banks than the agencies had initially expected.