Banking in the Ninth

Risk List - 2014

Safety and Soundness Update - December 2014

Published December 4, 2014  | December 2014 issue

Banking in the Ninth articles published in March 2012 and September 2013 discussed the Federal Reserve Bank of Minneapolis’ semiannual process for identifying high or emerging risks facing Ninth District financial institutions. Our list in 2012 focused on credit risks, while the list in 2013 focused on earnings and actions banks are taking to address weaker-than-expected earnings. The most recent list, completed in June and relying on data as of December 31, 2013, identifies Strategic Risk and Cyber Security as the two most significant risks facing Ninth District institutions. You can find the full list, including our supervisory responses to identified risks, in this document [pdf].

Have we captured the risks your bank is facing? Are there other actions we should take to ensure that banks are appropriately managing these risks? Let us know what you think by emailing us at mpls.src.outreach@mpls.frb.org.

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