FDIC moves to eradicate ‘reputational risk’ category from bank exams

FDIC moves to eradicate ‘reputational risk’ category from bank exams

The US Federal Deposit Insurance Corporation, an independent agency of the federal government, is reportedly moving to stop using the “reputational risk” category as a way to supervise banks. According to a March 24 letter sent by the agency’s acting chairman, Travis Hill, to Rep. Dan Meuser, banking regulators should not use “reputational risk” to […]

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