The OCC's decision to remove reputational risk from banks supervision plans means that one of examiners' most effective tools has been stripped away, writes Brett Erickson, of Obsidian Risk Advisors.

The first impression often no longer comes from a handshake or a pitch deck. It comes from a paragraph generated by AI in ...

The Federal Reserve Board has announced that it will eliminate reputational risk as a component of examination programs in its supervision of banks. The Fed joins the OCC in eliminating reputational ...

Federal banking regulators are rapidly rewriting the playbook. In the early months of the second Trump administration, sweeping shifts in policy and supervisory priorities are already taking shape.

Senate Banking Committee Chairman Tim Scott introduced a bill that would stop banking regulators from using reputational risk as a measure of safety and soundness. On Thursday, the South Carolina ...

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Reputational risk will no longer be a component of examination programs in the Federal Reserve's supervision of banks, the regulator said on Monday. "This change does not alter the Board's expectation ...

In today’s online-driven business environment, reputation is everything. With businesses often focused on managing operations and monitoring market changes, the organization’s reputation can fall to ...

The Federal Reserve has scrapped “reputational risk” from its bank examination criteria, a decision announced on Monday in Washington. Supervisors will no longer use this vague metric to judge ...

The move follows the US Office of the Comptroller of the Currency ceasing examinations for reputational risk. The US Federal Deposit Insurance Corporation, an independent agency of the federal ...

X owner Elon Musk revealed his own artificial intelligence bot, dubbed Grok, in November 2023. Some financial advisors are reevaluating their presence on X (formerly Twitter) as concerns about ...