Reps. Andy Barr, R-KY and Ritchie Torres, D-NY, introduced Wednesday a House version of a bill that would phase out reputational risk as a metric in bank supervision. The measure is aimed at ...

A dramatic pivot by the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) in how they assess reputational risk during bank examinations.

This is according to a new Reputation Risk Index, commissioned by public relations firm Global Situation Room, using data from crisis experts and analysis from the Global Risk Advisory Council.

The US Federal Deposit Insurance Corporation, an independent agency of the federal government, is reportedly moving to stop using the “reputational risk” category as a way to supervise banks.