FDIC Revises Model Risk Management Guidance for Banks

The FDIC said Friday the revised guidance clarifies that model risk management should be tailored to the size, complexity and model risk profile of a banking organization. The guidance highlights ...

Wall Street’s Big Banks Signal The Next Credit Risks

The six largest U.S. banks delivered broadly solid first-quarter 2026. Yet, the foundations of the next stress cycle are ...
WatersTechnology

Model risk in the age of generative AI

Banks are deploying generative AI for a growing number of tasks from the mundane to the miraculous: writing emails, assessing ...

From cockroaches to 'comfortable': How bank leaders are now playing it cool on private credit

Wall Street CEOs shared their private credit exposure this week. Here's where they stand, from Jane Fraser to Jamie Dimon.

JPMorgan exec says the bank is 'broadly comfortable' with its $50 billion private credit exposure

Wells Fargo and Citi estimated that their private credit exposure is $36.2 billion and $22 billion, respectively.

Memos From Howard Marks: What's Going On In Private Credit?

Howard Marks examines the evolution of private credit and the risks posed by the current boom in direct lending and software ...