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Bank of the West, the official banking partner of UC Berkeley, was the event's presenting sponsor.
Though the Fed isn't labeling these exams an official banking system stress test, it could be every bit as consequential.
Thus one of the most important lessons of the financial crisis was that systemic risk could arise outside of the official banking system.
The crisis demonstrated that a significant portion of the U.S. "banking" system had migrated outside of the official banking sector to institutions that operated through securities markets.
Guidelines recommend companies "make and receive payments for gold through official banking channels where they are reasonably available, avoid cash purchases where possible, and ensure that all unavoidable cash purchases are supported by verifiable documentation".
While the invisible or unofficial capital market of family, friends, and clan affiliations is on the rise, the opportunities provided by official banking and government sources also have increased.
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In some areas, informal lending exceeds that of official banks.
Menatep became an official bank for the Russian Ministry of Finance.
The Bank of England's Monetary Policy Committee left the official bank rate at 0.5 percent.
BBVA will become the official bank of the league, the W.N.B.A. and the N.B.A. Development League.
The five-year deal gives Bank of America bragging rights as the "Official Bank of Major League Baseball".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com