#US #Banks Facing ‘False Sense of Comfort’ Amid Rising Signs of Credit Stress, Says Banking Regulator...

Acting Comptroller of the Currency Michael J. Hsu just issued a fresh warning about potential risks to the US banking #system.

In a new statement from the Office of the Comptroller of the #Currency (OCC), Hsu says that banks should be “on the balls of their feet” with regards to risk management as credit #markets begin to weaken.