News Topic: Risk

Many new artificial intelligence and machine learning methods used for underwriting are not fully equipped to predict defaults. ... Read full article

Many large lenders pointed regulatory restrictions on their balance sheets and reduced risk appetite to explain why they stood on the sidelines during the September spike in overnight funding rates, according to a Federal Reserve survey of senior credit ... Read full article

Readers react to the FDIC's proposal allowing banks to hire ex-cons, regulators looking into climate-change risk at banks, whether rewards programs drive loyal customers and more. ... Read full article

The new regulation in New Zealand shows other jurisdictions how best to address cryptocurrencies and their use in payments. ... Read full article

The NCUA proposed Thursday to put off until 2022 implementation of a rule that would require larger credit unions to hold more risk-based capital. ... Read full article

In his first public policy speech as director of the Federal Housing Finance Agency, Mark Calabria stressed that Fannie Mae and Freddie Mac will have to raise significant capital via a public offering and take other steps in order to escape government ... Read full article

Here are seven startups that received multimillion-dollar venture capital investments in recent weeks to accelerate the development of banking products and services. ... Read full article

There is no banking crisis, but the president’s actions are threatening to create one. ... Read full article

The financial system is safer than it was 10 years ago, says John Taft, vice chairman of Baird. But there are still risks lurking unseen in areas like ETFs, ... Read full article

Turnover of chief risk officers is on the rise as CEOs look to add executives whose experience goes far beyond assessing credit risk. Sometimes they are promoting from within, but often they are poaching talent from rival banks. ... Read full article

Amanda Norton will lead the charge to improve risk management at Wells Fargo after its phony-accounts and other scandals. ... Read full article

Longtime executives Bill Parker and Jennie Carlson plan to retire from the Minneapolis company, giving CEO Andy Cecere an opportunity to reshape his executive team. ... Read full article

Readers weigh in on whether or not banks should take a stand on gun control, opine on digital banking outages, reflect on banks building more branches in the internet age and more. ... Read full article

Identifying threats to a single bank or the financial system as a whole can be tricky, but there are steps bankers can take to protect themselves. ... Read full article

Regulators have repeatedly found that financial firms with more than $100 billion in assets can pose systemic risks. ... Read full article

We know banks don’t like failure. But what is lesser known is how their reluctance is all to do with banking's compliance culture. ... Read full article

The Office of the Comptroller of the Currency has named William A. Rowe, a deputy chief of staff and liaison to the Federal Deposit Insurance Corp., as its new chief risk officer. ... Read full article

The Office of the Comptroller of the Currency told a somewhat familiar story Friday about the industry's risk environment. ... Read full article