Annual Conference Assesses Banking Risk
Banking risks-and how to deal with them-were major topics at the Federal Reserve Bank of Chicago's 22nd annual Conference on Bank Structure and Competition held in Chicago on May 14-16, 1986. Since last year's conference, the financial industry has been rocked by several major events. Privately insured thrifts in Maryland and Ohio were temporarily closed; a record number of agricultural banks failed; and the Supreme Court issued decisions upholding nonbank banks and regional interstate banking compacts. In addition, 31 states have now passed interstate legislation, and many large nonbank holding companies compete with banks.