Emma McGarthy

Emma McGarthy

Head of the Sustainable Policy Institute

Emma McGarthy is the head of the head of the Sustainable Policy Institute at Official Monetary and Financial Institutions Forum.

Politics and policy

The U.S. lags in financial regulation addressing climate change

Strong climate policy and continued development of stress-testing tools by central banks are essential to transitioning to carbon neutrality.

By Emma McGarthy

May 27

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M&A

Columbia struggled after Umpqua merger. Is the math starting to work?

The combination of two Pacific Northwest banks was supposed to create a regional powerhouse, but rising deposit costs have stung. CEO Clint Stein says he's "laser-focused" on making Columbia a top performer again.

By Polo Rocha

3h ago
Diversity and equality

Small banks 'feel like hostages' to their core systems: OCC's Hsu

A set of panels discussing minority depository institutions and digitization found that cost is a significant challenge to minority depository institutions, especially in the core processing space.

By Miriam Cross

6h ago
Community banking

Regulators issue guidance to community banks on third-party risks

The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency issued a 30-page guidebook on managing affiliate risks. The report builds on formal guidance issued last year.

By Kyle Campbell

7h ago