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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

” As a regulatory body, the OCC said it will focus on the following to address the increasing risk: • Execution of bank strategic plans and management of strategic risk. • Board risk parameters, adequacy of staffing, succession planning and audit. • Vendor and third-party management processes.

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Chapter 11 Watch: BHS Goes Out Of Style, Ralph Lauren Shutters Stores

PYMNTS

Not only will the brand’s remaining stores and stock be chopped up and sold off to make good on debts to suppliers-turned-creditors, but as many as 8,000 in-store employees will soon find themselves out of work — plus an additional 3,000 workers who weren’t BHS employees but relied on the retailer’s operations for their livings.

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