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Risks facing community banks outlined in new report
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Banking
Friday, January 4, 2013
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A report from the Office of the Comptroller of the Currency finds that banks continue to suffer from the collapse of the housing market and new demands arising from increased regulation. The OCC’s Semiannual Risk Perspective Report warns that the search for profitability may lead institutions of all sizes to assume inappropriate levels of risk. Read on for the details.
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