On the recordMarch 14, 2013
The risk management culture and processes at the bank that allowed these significant trading losses to occur are completely unacceptable to the OCC.
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congress.govThomas J. Curry: “The risk management culture and processes at the bank that allowed these significant trading losses to occur are…”
Editor's note · Context
Curry criticized the bank's risk management failures leading to significant losses.
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More from Thomas J. Curry
Mar 14, 2013
Absolutely not. It is not the role of the bank to determine what information or records we have access to.
Mar 14, 2013
It is wholly unacceptable for an institution, its officers, or employees to provide false or misleading information to the OCC and its examiners.
Jun 5, 2012
We do need stronger capital, which we are getting through Basel III and other rulemakings.
Jul 10, 2013
Thank you for the opportunity to discuss those provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act that reduce systemic risk and improve financial stability.
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