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.
Source
congress.govEditor's note · Context
Curry criticized the bank's risk management failures leading to significant losses.
Share
More from Thomas J. Curry
Feb 13, 2013
I have been a community bank supervisor at the State and Federal level for 25 years, over 25 years, and I saw firsthand in New England the importance of community banks and their ability to help dig out of a severe recession.
Jun 5, 2012
We do need stronger capital, which we are getting through Basel III and other rulemakings.
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.
Feb 13, 2013
I share your concerns about the entire process and its ability to meet its original stated objectives.
Other voices in this conversation
