Mark W. Olson comes to the Public Company Accounting Oversight Board from the Federal Reserve, like his predecessor, William McDonough. He brings an insider’s view to his new post: Before going to the Fed, Olson was a partner at Ernst & Young from 1988 to 1999, where he was the national director of the firm’s regulatory consulting practice for the financial services industry.
The average annual healthcare spending for individuals with employer-sponsored plans reached an all-time high of $5,641 in 2017.
The bank believes JPM Coin “can yield significant benefits by reducing clients’ counterparty and settlement risk, decreasing capital requirements, and enabling instant value transfer.”
Designed to support cross-border payments, JPM Coin will be a direct competitor to Ripple's XRP, but with a stable value pegged to the U.S. dollar.
Treasury & Risk
Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!
- Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
- Exclusive discounts on ALM and Treasury & Risk events.
- Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.