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OCC's Hsu Urges Banks Not To Get Caught 'Swimming Naked'

By Jon Hill (May 17, 2022, 9:49 PM EDT) -- Acting Comptroller of the Currency Michael Hsu urged banks on Tuesday to tighten up their credit risk management practices and stay disciplined as economic storm clouds loom, warning that some financial institutions could be caught "swimming naked" if the financial tide goes out....

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