Lenders still expect borrower profitability to remain relatively elevated this year.
Browsing: Interest rate risk
John Vivian and Hugh Carney explore the agency’s findings, including the way credit risk and leapfrogged liquidity risk over the course of the year and the OCC’s concerns on artificial intelligence, among other topics, and what they portend for bank supervision in 2024.
The Basel Committee on Banking Supervision is proposing targeted adjustments to its standard on interest rate risk in the banking book, or IRRBB, the Bank of International Settlements announced.
Profitability for the federal banking system improved in the first half of 2023 even as banks continued to navigate a higher interest rate environment, uncertain economic climate and fallout from the failure of three regional banks in the spring, the OCC said its fall semiannual risk perspective.
The U.S. banking industry remains solid despite higher interest rates and the fallout from the bank failures earlier this year, but the wider economy is slowing, the CEOs of four banks said during a panel discussion at The Clearing House Annual Conference in New York City.
Corporate CFOs and finance leaders are “best leading indicators.” says Stephen Philipson, head of global markets and specialized finance at U.S. Bank. “They always have to be looking ahead.”
Concern about interest rate risk grew significantly among bank board members and bank executives in 2023, according to a new survey by Bank Director magazine.
More banks are turning again to wholesale funding and hedging to limit volatility in their liabilities.
The Office of the Comptroller of the Currency today published its semiannual report on interest rate risk data gathered during examinations of OCC-supervised midsize and community banks and federal savings associations.