Whether you voted for him, against him or didn't have a dog in the hunt, Donald J. Trump is slated to be the 45th President of the United States of America. Beyond the political fanfare and resulting endless news cycles since the vocal businessman turned president elect's victory, there are a lot of "big league" questions for the capital markets regulation in its wake.
Download this Numerix Partner Research White Paper from Sanjay Sharma and Jeb Beckwith of GreenPoint Global, Basel Under Trump: What, How and Will the U.S. Election Impact Global Regulation?, and receive a recording of our Live Stream discussion with them on the topic.
The video discussion and paper address these questions:
- Does a Trump victory spell the decline of coordinated, global financial regulation by the BCBS, particularly its most recent rule-making initiatives?
- What does U.S. participation in the BCBS currently look like?
- How can a new Trump administration implement change?
- When will changes occur?
- What are the implications to the global regulatory framework if the U.S. does not implement existing BCBS directives, including the FRTB, as proscribed?
Complete the form to the right to download this complimentary white paper and access the recording.
Author BiographIES
Jeb Beckwith, Managing Director and Head of Financial Institutions, GreenPoint Global
John “Jeb” Beckwith is Managing Director at GreenPoint Global. As a member of GreenPoint’s management committee and head of its financial intuitions practice, Jeb leads GreenPoint’s efforts to create sustainable, innovative solutions to complex regulatory, legal, cost and technology issues facing global financial institutions around the world. In the banking sector, Jeb is driving online solutions to the forthcoming implementation challenges facing banks globally under regulation known as FRTB, the Fundamental Review of the Trading Book. In the insurance claims industry, Jeb is leveraging GreenPoint’s litigation, technology and analytics expertise to help clients improve outcomes and variability in their most complex, highest-value motion practice cases.
Jeb brings over 30 years of industry experience to his current positon in the management of risk, capital markets, lending and transaction banking practices. Prior to GreenPoint, Jeb was Managing Director at RBC Capital Markets for 10+ years where led several businesses as Head of Americas – Global Financial Institutions and as Founder/Chair of the committee adjudicating all global bank and sovereign credit and market risk limits. Prior to RBC, Jeb held various management and corporate banking positions with increasing levels of responsibility at MUFG, Bank of America and BNY-Mellon.
Jeb is a co-author of a forthcoming book “The Fundamental Review of Trading Book (or FRTB) – Impact and Implementation” to be published by RiskBooks in December 2016. He holds a BA from Hamilton College and lives in Riverside CT with his wife and son.
Sanjay Sharma, Founder and Chairman, GreenPoint Global
During 2007-16 Sanjay was the Chief Risk Officer of Discretionary Capital Group and Managing Director in Fixed Income and Currencies Risk Management at RBC Capital Markets in New York. His career in the financial services industry spans over two decades during which he has held investment banking and risk management positions at Goldman Sachs, Merrill Lynch, Citigroup, Moody’s and Natives.
Sanjay is the author of “Risk Transparency” (Risk Books, 2013) which provides a framework for enhancing risk transparency through quantitative parameters, subjective analyses and contextual commentary. He has also published several papers and is a co-author of a forthcoming book “The Fundamental Review of Trading Book (or FRTB) – Impact and Implementation” to be published by RiskBooks in December 2016.
Sanjay is the Director of the RBC/Hass Fellowship Program at the University of California at Berkeley and is an Adjunct Professor at EDHEC, Nice in France. Sanjay has served as an advisor and a member of the Board of Directors of UPS Capital (a Division of UPS) and is a frequent speaker at industry conferences and at universities. He serves on the Global Board of Directors for Professional Risk International Association (PRMIA).
He holds a Ph.D. in Finance and International Business from New York University and an MBA from the Wharton School of Business, and has undergraduate degrees in Physics and Marine Engineering. Sanjay acquired his appreciation for risk first hand as a merchant marine officer at sea where he served for seven years and received the Chief Engineer’s certificate of competency for ocean-going merchant ships. Sanjay lives in Rye, NY with his wife and two teenage sons.
Moderator: Jim Jockle, Chief Marketing Officer, Numerix
Mr. Jockle leads the company's global marketing efforts, spanning a diverse set of solutions and audiences. He oversees integrated marketing communications to customers in the largest global financial markets and to the Numerix partner network through the company's branding, electronic marketing, research, events, public relations, advertising and relationship marketing.
Prior to joining Numerix, he served as Managing Director of Global Marketing and Communications for Fitch Ratings. During his tenure at Fitch, Mr. Jockle built the firm’s public relations program, oversaw investor relations and led marketing and communications plans for several acquisitions. He also oversaw the brand development of a new company dedicated to the enhancement of credit derivative and structured-credit ratings, products and services. Prior to Fitch, Mr. Jockle was a member of the communications team at Moody's Investors Service.
