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US banking examiners' top priority is firms' interest-rate risk, Gruenberg says

By Neil Roland ( May 17, 2023, 20:54 GMT | Insight) -- US banking supervisors’ highest priority is firms’ approach to interest-rate risk now that Silicon Valley Bank and two other institutions have failed, said Martin Gruenberg, head of the US Federal Deposit Insurance Corp. “I think interest-rate risk management is probably Job One right now, from a supervisory standpoint,” the regulator told the House Financial Services Committee.US banking supervisors’ highest priority is firms’ approach to interest-rate risk now that Silicon Valley Bank and two other institutions have failed, said Martin Gruenberg, head of the US Federal Deposit Insurance Corp....

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