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The OCC on Dec. 17 highlighted the risks across the banking industry associated with interest rate risk -- and said it remains a top area of focus for the agency heading into 2015.
The agency released its Semiannual Risk Perspective on Dec. 17 and Darrin Benhart, the deputy comptroller for Supervision Risk Management, said in a conference call with reporters that the OCC is "highlighting [interest rate risk] more prominently." He pointed to the prolonged low-interest rate environment and said...