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The article states that European and Japanese banks such as Mizuho Bank Ltd., Mitsubishi UFJ Financial Group, and BNP Paribas SA were among those outbidding U.S. banks for large corporate deposits. According to the article, the U.S. agency the Securities and Exchange Commission (SEC) changed rules governing short-term debt, known as commercial paper. The article presents comments from consulting firm Treasury Strategies Inc. partner Anthony Carfang.

The article discusses a shift in responsibility within the U.S. Federal Reserve (Fed) system for regulating large banks. Once the province of the Federal Reserve Bank of New York, big bank oversight has been assumed by a committee led by Fed governor Daniel Tarullo at the Fed's Washington, D.C. headquarters. A 2010 paper called the Triangle Document describes a structure in which Washington exerts control over the 12 banks in the Federal Reserve system.

The article focuses on a paper released by the U.S. Federal Reserve which reveals that big bank borrower costs are lower.