Analyzing the Election: The Impact on Banking

Interview with Eva Weber of the Aite Group So, given the results of the Presidential and Congressional elections, what does a Democratic federal government mean to the U.S. banking industry? In an exclusive interview, Eve Weber, analyst with the Aite Group, a Boston-based financial services consultancy, discusses: What the election means short- and long-term to the banking industry; How regulatory agencies may be changed by the new Administration; New regulations that may be coming down the pike. Weber focuses on the regulatory and compliance issues facing financial institutions. Recent research has focused on anti-money laundering, risk management, fraud, and bank regulation at the federal and state levels. She brings to the position research and analytical skills gained in five years as a practicing attorney, and has helped Aite Group clients respond to major regulatory initiatives, such as Sarbanes-Oxley, the Bank Secrecy Act, the USA PATRIOT Act and new bankruptcy laws. Weber has presented before the BITS Fraud Steering Committee and at user conferences for Metavante and Postilion. She has been quoted in leading press outlets, such as Associated Press, USA Today, The Boston Globe, and The Atlanta Journal-Constitution on mortgage industry regulation, and more broadly in trade publications, such as American Banker and The Greensheet.