Federal Reserve Bank of San Francisco
Publications

December 2014: Growth and a Refocus on Operational Risks

December 29, 2014

Author(s): Teresa Curran

Community banks in the 12th Federal Reserve District continue to see loan growth, and asset quality measures are now approaching pre-crisis levels. This Supervisory Spotlight highlights bank management and regulatory focus on operational risks—such as third-party vendor management and cybersecurity—as the economy and banking conditions improve, without forgetting lessons from the financial crisis.

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