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Risk Quantum Banks

Fed finds more risk failings at FBOs than at US firms

FBOs attract hundreds more matters requiring attention than domestic banks

Foreign banks in the US are having a tough time adapting to Federal Reserve supervision, increasing the number of interventions triggered by the regulator relative to their domestic peers.

As of end-June 2018, the 19 large foreign banking organisations (FBOs) overseen by the Fed had 609 outstanding ‘supervisory findings’ – also known as matters requiring attention (MRAs) – each representing an

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