Formation of a Private-Sector Working Group on Public Disclosure by Banking and Securities Organizations
The Federal Reserve Board, the Office of the Comptroller of the Currency (OCC), and the Securities and Exchange Commission (SEC) announced on April 27, 2000, that the Board had established a private-sector working group to develop options for improving the public disclosure of financial information by banking and securities organizations. The OCC and the SEC will participate with the Board in support of the effort.
Walter Shipley, who recently retired as chairman of Chase Manhattan Bank, has agreed to chair the Working Group on Public Disclosure, made up of senior executives of banking and investment organizations. The other members of the working group are the following:
Clemens Boersig, chief financial officer and member of the board, Deutsche Bank AG, Frankfurt, Germany
Dina Dublon, executive vice president and chief financial officer, Chase Manhattan Bank, New York
Douglas Flint, finance director, HSBC Holdings PLC, London
James Hance, vice chairman and chief financial officer, Bank of America Corp., Charlotte, N.C.
Peter Hancock, chief financial officer and risk manager, J.P. Morgan & Co. Inc., New York
Ross Kari, executive vice president and chief financial officer, Wells Fargo Corp., San Francisco
Thomas H. Patrick, executive vice president and chief financial officer, Merrill Lynch and Co., New York
Lisa K. Polsky, managing director and chief risk officer, Morgan Stanley Dean Witter, New York
Marcel Rohner, member of the group managing board and chief risk manager, UBS AG, Zurich, Switzerland
Robert Rosholt, executive vice president and chief financial officer, Bank One Corporation, Chicago
Todd S. …