About one-third of the banks secured ratings of 3 or below on a 5-point scale for their overall management of risk, according to sources Reuters A key U.S. regulator has privately found that half ...

Former acting Comptroller of the Currency Michael Hsu has called for banks and regulators to rethink how they handle the explainability challenge around large language models. He wants to see them ...

The Office of the Comptroller of the Currency privately assessed that 11 out of the 22 large banks it oversees have ...

(Reuters) - A top U.S. bank regulator's confidential assessments found 11 of the 22 large banks it supervises have "insufficient" or "weak" management of a broad swath of risks ranging from ...

The Federal Reserve announced on Monday it was directing its supervisors to no longer consider "reputational risk" when ...

Secret Bank Ratings Show US Regulator’s Concern on Handling Risk. Half of biggest banks have subpar operational risk management; Regulators have been ramping up scrutiny after failures The ...

Countries have taken vastly different views on climate risk management. European Central Bank officials have said, for example, that banks should work with their counterparties to make sure they ...

In March 2025, when the Federal Deposit Insurance Corporation (FDIC) became the second US prudential agency to announce plans to withdraw reputational risk as an element of bank supervisory ...

JPMorgan and Morgan Stanley announced share repurchase programs. Wells Fargo and Goldman Sachs, meanwhile, will see current ...

From geopolitical shocks to shifting trade policies and tighter regulations, today’s risk managers in banking are navigating ...

The US Federal Reserve has stopped using reputational risk in bank oversight, a move long sought by the crypto industry.

A top U.S. bank regulator's confidential assessments found 11 of the 22 large banks it supervises have "insufficient" or "weak" management of a broad swath of risks ranging from cyberattacks to ...