Top Bank Watchdogs Adopt Plan to Narrow Oversight to Core Risks

Top US bank regulators voted to finalize a proposal that would narrow the way examiners can issue confidential warnings to lenders, in a bid to remove what they call virtue...

By Katanga Johnson · Bloomberg

Top US bank regulators voted to finalize a proposal that would narrow the way examiners can issue confidential warnings to lenders, in a bid to remove what they call virtue signaling from oversight practices.