Browsing: Interest rate risk

Economy

FDIC-insured banks and savings institutions earned $25.5 billion in the fourth quarter, down 40.9 percent from the industry’s earnings a year before, the FDIC said yesterday.

Commercial Lending

In the wake of the scandal over fake accounts created at Wells Fargo, the OCC has added a strong emphasis on governance of sales practices to its risk supervision for large banks, according to the agency’s Semiannual Risk Perspective released today.