Banks Adding Risks To Boost Profits, Report Says

Law360, New York (July 5, 2012, 2:29 PM EDT) -- Saddled with a continuing backlog of delinquent mortgages, low interest rates and a tepid economy, banks may be taking on higher risks to boost their profits, according to a report released Thursday by federal banking regulators.

In a report outlining the risks facing national banks, the Office of the Comptroller of the Currency said that while banks, in particular the nation's largest, have boosted the quality and quantity of their capital levels since the 2007-09 financial crisis, the need to search for increased profits is leading...
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