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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

• Board risk parameters, adequacy of staffing, succession planning and audit. Asset and Liability Management: Asset and liability risk management was deemed a concern as continued low interest rates and pressure on traditional earnings sources cause many banks to increase long-term asset holdings. The OCC on Oct.

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Former NSA Chief Lands Top B2B VC Funds For Cybersecurity Startup

PYMNTS

The nation secured significant funding for startups operating in the spaces of logistics and cybersecurity – the two B2B markets that landed the most investment this week. National Security Agency chief. ’s Intelligence Fusion, also known as IF, also operates in the risk management space. But it was one U.S.

Capital 100
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More Gain, Less Pain

Independent Banker

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. Risk levels have a five-point range. For example: Who manages each piece? How is it secured? By Ellen Ryan.

Tools 70
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More Gain, Less Pain

Independent Banker

Previewing an easier-to-use format of the FFIEC’s IT security assessment. Bad news: In its original form, it’s awkward to use—and may become part of those dreaded IT security exams. Risk levels have a five-point range. For example: Who manages each piece? How is it secured? By Ellen Ryan.

Tools 70
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Chapter 11 Watch: Austin Reed Bids Farewell, Staples Plots A New Course

PYMNTS

The Baltimore Sun is reporting that the Mars brand, which operates 13 stores across Maryland, will be selling off five of its locations and shuttering the remaining eight. He also worked diligently on the acquisition of Office Depot, and the board appreciates the strong effort he made to secure governmental approval.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

And quite frankly, I did not know there were so many tranches to mortgage-backed securities. Remember K Bank in Maryland? M&T assumed their $411 million of loans and securities with a $289 million FDIC loss-share agreement. Most banks consider their securities portfolio as first and foremost for liquidity. Good times.

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The Niche Bank

Jeff For Banks

Me to a community banker: Why don't you offer more options than real estate secured lending to help fund early stage businesses? Interestingly, Kelly started what would end up being EnerBank at Baltimore's First National Bank of Maryland (now M&T Bank ), a former employer of mine in the mid 1990's.