Providing relief to a global banking and financial services company from excessive regulation
SERVICE: Coalition Building & Management, Political Counseling
AREA OF EXPERTISE: Finance
- The Dodd-Frank financial regulation bill included an onerous provision that required banks to hold certain securities in special subsidiaries that did not benefit from government banking in the form of FDIC insurance and access to the Federal Reserve’s lending windows. With their ability to limit risk on certain loans severely curtailed, the company turned to Roberti Global.
- Developed and executed a message strategy that communicated the importance of using these instruments in limiting risk and convinced key lawmakers that the restriction was not only excessive, but harmful to consumers
- Working together as part of an all-hands-on-deck approach, Roberti Global was successful in repealing the offending provision.