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Tom Curry Comments on Financial Stability Amid COVID-19 in Banker & Tradesman

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Tom Curry, a partner in Nutter’s Corporate and Transactions Department and a co-leader of the firm’s Banking and Financial Services group, addressed the impact of COVID-19 on financial stability and why the banking industry is in a better position today than it was 12 years ago during the global financial crisis in Banker & Tradesman. In the article, “Dodd-Frank Set Banks Up to Help in Coronavirus Crisis,” Tom said, “We’re fortunate that U.S. banking organizations have built up substantial levels of capital and liquidity, well in excess of regulatory minimums and buffers.” He added, “I think at the end of the day, we’re very fortunate that we’ve had 10 years to build up the financial sector so that it can be better prepared to deal with the coronavirus pandemic that we’re experiencing today.”

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