OCC report conflates valid risk calls with discrimination

T1Covered by 1 source · first reported by American Banker (headlines) at 21 Oct, 10:00 UTC

The Office of the Comptroller of the Currency claimed its debanking report demonstrated banks' bias in ending relationships with certain clients. But experts say the banks' actions show a more nuanced approach to legitimate — and subjective — questions of reputational risk.

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Sources

• T1OCC report conflates valid risk calls with discriminationAmerican Banker (headlines)21 Oct, 10:00