Monthly op risk losses: Aequitas faces $192m loan settlement

ORX News
15 Sep 2017

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Publicly reported operational risk losses in August 2017 totalled $983 million – slightly higher than July, but still relatively low compared with other months of the year, as well as the same period a year ago, according to ORX News, provider of publicly reported loss information.

The largest loss is a $192 million settlement proposed by the US Consumer Financial Protection Bureau in a complaint against private equity firm Aequitas Capital Management. The complaint alleged Aequitas purchased

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]