Today: September 06, 2024
Today: September 06, 2024

US regulator privately finds weak risk-management at half of large banks, Bloomberg reports

Daily life in New Jersey
July 21, 2024
Reuters

(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 cyberattacks to employee blunders, Bloomberg News reported on Sunday.

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