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The Daily Hodl 2023-06-26 03:08:59

US Banks Facing ‘False Sense of Comfort’ Amid Rising Signs of Credit Stress, Says Banking Regulator

Acting Comptroller of the Currency Michael J. Hsu just issued a fresh warning about potential risks to the US banking system. In a new statement from the Office of the Comptroller of the Currency (OCC), Hsu says that banks should be “on the balls of their feet” with regards to risk management as credit markets The post US Banks Facing ‘False Sense of Comfort’ Amid Rising Signs of Credit Stress, Says Banking Regulator appeared first on The Daily Hodl .

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