Risk management

BOK scrambles to stem losses from shuttered tribal casinos

06/03/20

Two years ago, the Tulsa, Okla., bank expanded its Native American casino lending business nationwide. It seemed like a great plan until the coronavirus pandemic struck.

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Coronavirus response allows banks to ‘change the narrative’: Citi chair

06/03/20

John Dugan says a successful effort by banks to alleviate the economic damage of the pandemic could boost the industry's reputation.

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The write-downs are coming. Start preparing now.

06/01/20

Periods of significant loan defaults are tough on banks and force unpleasant choices. Here are steps to evaluate collateral in such uncertain times.

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Lender beware: Emergency relief efforts are inherently risky

05/29/20

The takeaway from the PPP rollout is that bankers must protect their reputations and limit their risk appetites as they participate in further government-backed rescue programs.

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Coronavirus outbreaks at meat plants compound ag banks' problems

05/19/20

Lenders are scrambling to pause ranchers’ loan payments as meat processing plant shutdowns during the pandemic threaten $25 billion in losses for the livestock industry.

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PNC seeks ‘bulletproof’ balance sheet; hard-hit bank stocks rebound

05/15/20

The regional wants to “play offense” with the proceeds of its $17 billion BlackRock stake; shares of some bank shares jumped 6% Thursday but remain well behind the rest of the market.

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Zero Day, episode 1: There's a war out there

04/29/20

Cybercrime has emerged as one of the biggest potential sources of risk to the financial system over the last 20 years, and cybersecurity is a paramount concern to bankers everywhere. But can the internet be made more secure?

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Big banks try to figure out logistics of 'back to work'

04/26/20

Inside Citigroup's headquarters in Manhattan, executives are trying to solve a problem bedeviling much of Wall Street: How to get employees up elevators.

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House Dems seek details on FDIC's crisis plans following IG report

04/14/20

The heads of two congressional committees are requesting a briefing from the agency after a watchdog recommended improvements in how it prepares for crises.

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Banks cautioned on bonuses, pay; Powell praised for decisiveness

03/31/20

After the financial crisis banks took a PR beating, limiting bonuses could prevent criticism; the Fed moved with authority in the face of the coronavirus.

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