Remove Concentration Remove Credit Risk Remove Economics Remove Leverage
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OCC Defines Top Threats To Banks This Season

PYMNTS

When it is running well, it powers tremendous growth and economic prosperity for consumers, businesses and communities across the country,” said Keith A. Many banks have increasingly leveraged and become dependent on third-party service providers to support key operations within their banks,” the report stated.

Banking 46
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Transcript: Kristen Bitterly Michell

Barry Ritholtz

And so, coming out of school, I studied Economics and Spanish Literature, and I applied to a — a program that actually targeted Liberal Arts majors. And so, with this gave me exposure to everything from investment banking to retail, looking at like checking account campaigns, like how do you get more assets in the door to credit risk.

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Transcript: Ken Kencel

Barry Ritholtz

So you would see pretty high concentrations of, you know, $100 million, $200 million, $300 million, all essentially sitting on a single balance sheet of the bank. So obviously, risk managers, you know, and CROs were very focused on how do we manage that risk and diversify that credit risk that they were taking on in mid-market companies.