Do you specialize in credit risk? Have you used generative AI for work in the past week? If you said “no,” there’s a good chance your answer will soon change. Gen AI is beginning to influence credit risk management, with early implementations showing promise in improving efficiency and accuracy across the credit lifecycle, according to recent research by McKinsey, which [...]

7/18/2024 Ah, mid-July—barbecues, beach vacations, and, of course, big bank earnings. As the second-quarter results roll in, big banks are revealing a mixed bag, reflecting the ongoing impact of high interest rates and a cooling economy. Here’s what you need to know: Net interest income is (still) under pressure.  Despite benefiting in some ways from higher interest rates the past [...]

Many associate June with Juneteenth and Father’s Day. Some may circle the month on the calendar for lesser-known celebrations like National Doughnut Day or World Sauntering Day (by the way, happy National Onion Day to all who celebrate). For us, and we assume many of you, June is also hotly anticipated because that’s when the OCC now releases its [...]