Hsu Reiterates Importance of Credit Risk Management, Diversity
Remarks today from Acting Comptroller Hsu break no new ground on credit risk management or diversity, two topics discussed before a group of bank risk managers. Mr. Hsu again emphasizes the importance of effective credit risk management, noting in particular that risk managers should look to produce accurate risk identification and ratings, focus on concentrated portfolios and vulnerable borrowers, and conduct stress tests and sensitivity analyses as interest rates and inflation continue to change.