10/15/2013

Intensifying competition among lenders is increasing risks within and outside the U.S. banking system, Fitch Ratings said. The warning was based upon an interagency review by financial regulators of complex loans often held by U.S. and foreign financial institutions. The review found that underwriting standards are deteriorating and improvements in asset quality have stalled. Read more from the Office of the Comptroller of the Currency.

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