Financial Services Forum

The Financial Services Forum[1] is an American non-partisan financial services and economic policy organization comprising the CEOs of the largest and most diversified financial services institutions with business operations the United States.[2]

Logo of the Financial Services Forum.

Recent News

On September 20, 2017, the Forum announced the appointment of Kevin Fromer as its new President and Chief Executive Officer.[3].

Mission and Leadership

The Financial Services Forum (which should not be confused with the United Kingdom's Financial Services Forum),[4] is a non-partisan financial and economic policy organization composed of the chief executive officers of the largest and most diversified financial institutions with business operations in the United States.

The purpose of the Forum is to pursue policies that encourage savings and investment, promote an open and competitive global marketplace, and ensure the opportunity of people everywhere to participate fully and productively in the 21st century global economy.

As a group, the Forum's member institutions employ more than 2 million people in 175 countries and hold combined assets of more than $21 trillion.

Brian Moynihan, Chief Executive Officer of Bank of America, is the Forum’s Chairman.

Kevin Fromer, former Assistant Secretary at the U.S. Treasury Department, is the Forum's President and CEO.

The Forum was the chairing institution of the Engage China Coalition, a coalition of twelve financial services trade associations united in support of high-level engagement with China.

Origin of the Forum

The Financial Services Forum was organized by a core group of financial institution CEOs in February 2000 following the enactment of the Gramm-Leach-Bliley Financial Modernization Act of 1999 (GLBA).

References

  1. "Financial Services Forum". financialservicesforum.org. Retrieved 2017-10-13.
  2. Kuhnhenn, Jim (7/6/2009) Obama plan could trim back financial powerhouses Associated Press
  3. https://financialregnews.com/fromer-picked-lead-financial-services-forum/
  4. About UK Financial Services Forum The Financial Services Forum
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