The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content


(Federico Caputo/Getty Images/iStockphoto)

Why U.S. banks are taking on riskier business again

The Office of the Comptroller of the Currency (OCC), the U.S. regulator that oversees national banks, gave warning today about risky lending. American banks are loosening underwriting standards and taking on extra risk, it seems, extending maturities and offering easier credit terms in the automotive and wider commercial lending markets.