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Pepper Hamilton Financial Services Alert: OCC Semiannual Risk Perspective

Financial Services Alert | July 24, 2012

OCC to Banks: Immediately Plan for the Current Risky Environment
On July 5, 2012, the Office of the Comptroller of the Currency (OCC) issued its Semiannual Risk Perspective for spring 2012, which concludes that the top risks facing national banks and savings associations are (1) the aftereffects of the recent housing-driven credit boom-bust cycle, (2) revenue challenges related to slow economic growth and market volatility, and (3) the potential that banks may take excessive risks in an effort to improve stability and profitability.

The OCC press release discussing its report is available here.

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Frank A. Mayer, III
Richard P. Eckman