Timothy Adams靠在他的华盛顿中心办公室的一座扶手椅上,并提供了他作为国际金融学院负责人,全球金融的顶级游说武器的态度。“我是新的工作,”亚当斯在二月担任总统兼首席执行官职位。“我有很多学习。”
亚当斯在特征上谦虚。The Kentucky native may have no track record on Wall Street or with any of the big banks, insurers and asset managers that pay his salary, but he’s a veteran Washington insider and former George W. Bush administration official who has been involved in financial policy issues for more than a decade. Therein lies his attraction for the institute.
Founded in 1982 by a handful of major banks in response to that era’s budding Latin debt crisis, the IIF grew mightily in stature under former managing director Charles Dallara, who headed the group’s Washington-based staff for two decades, and Josef Ackermann, the ex–Deutsche Bank CEO who served as chairman from 2002 to 2012. When the financial crisis erupted in 2007–’08, the IIF led the global banking and financial services industry in regulatory reform talks with Group of 20 governments. When Greece needed a second bailout last year, Dallara and Ackermann negotiated the 50 percent-plus haircut imposed on private bondholders by the European Union and the International Monetary Fund.
然而,这种激动事事已经举办了价格。债券损失在投资者的嘴里留下了痛苦的味道,而欧盟和国际货币基金组织官员们私下抱怨他们认为是研究所的对抗方法。达拉拉还赢得了官方的少数朋友出现,似乎试图阻挠监管改革(一个立场,必须说,他与大多数IIF成员分享)。在2010年的G-20报告中,该研究所警告说,在巴塞尔协议下,建议收紧银行资本标准将缓慢经济增长缓慢,并抑制欧洲,日本和美国的近1000万就业机会。监管机构正在实施巴塞尔III,该基准二世将加入杠杆要求以及系统重要的银行的附加费。
“巴塞尔三世是最少的,”一名高级国际货币基金组织官员说。“银行业现在面临更强大的东西。”
如果与政策制定者和监管机构的关系平滑关系,对于维持IIF在Postcrisis世界的相关性至关重要,亚当斯有这项工作的气质和经验。As undersecretary of the Treasury for international affairs from 2005 to 2007, he was a rare voice of global cooperation in an administration known for going it alone: He supported the IMF’s effort to launch multilateral surveillance of such issues as China’s trade surplus and the U.S. budget deficit to assess their impact on other trading partners.
亚当斯正在与巴塞尔三世的和平与Dodd-Frank华尔街改革和消费者保护法等倡议制作,即使他试图通过对监管机构的“清醒理性之声”来影响实施。他说:“我认为世界更加安全”,他说。但是亚当斯担心最近有利于简单的倾向;例如,巴塞尔III的钝杠杆比率,为其贷款的银行内部风险重量提供了基本的楼层。“更简单并不意味着更安全,”他争辩。“基于风险的资本系统是去的方式。我们只需要更好地变得更好。“
新酋长决心将IIF的焦点集中在少数问题,包括全球资本流动的前景以及新兴市场的贷款状况,现在是其470名成员的40%。Charles Collyns, a former assistant secretary of the Treasury and deputy chief economist at the IMF whom Adams recently recruited as chief economist, plans to increase the frequency of the institute’s forecasts of capital flows, to a quarterly basis, and reduce its emphasis on country reports, an area where private banks and the IMF provide better and timelier information. “The challenge is to think about what we can do to add value,” says Collyns.
亚当斯希望研究所要塑造关于其他大型主题的辩论,例如如何将金融服务扩展到世界上的25亿个unbanked人员以及数字技术如何改变银行业务,如彻底改变音乐业务。这些事项将辩论IIF的年度会员会议本周在华盛顿,一个拥有全明星阵容的禁手,包括Blackrock Ceo Laurence Fink,Jamie Dimon和印度储备银行的新总督Jamie Dimon和Raghuram Rajan。
“我们可以拥有一个看起来完全不同的行业,”亚当斯说,他们热衷于研究所反映这些变化。•
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