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Top Banking Risks Tallied by OCC

Joe Mont | December 16, 2015

Strategic, underwriting, cyber-security, compliance, and interest rate risks sit atop the Office of the Comptroller of the Currency’s list of supervisory concerns in its Semiannual Risk Perspective for Fall 2015, released on Wednesday.

The report covers risks facing national banks and federal savings associations based on data through June 30, 2015. It reinforces concerns about the growing risk posed by weakening credit standards, Comptroller Thomas Curry said during a conference call. “As the economic cycle turns, we see banks and thrifts reaching for yield and growth...

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