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OCC's Hsu Urges Banks To Stay 'On The Balls Of Their Feet'

By Jon Hill (June 14, 2023, 2:06 PM EDT) -- Acting Comptroller of the Currency Michael Hsu said Wednesday that while federally chartered banks have made some moves to fortify themselves in the wake of the recent regional banking crisis that toppled Silicon Valley Bank, his agency will be keeping up pressure on lenders to take precautions in order to avoid "nasty surprises."...

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