Insights & News
Stay updated with our latest industry perspectives and company announcements.
Among politicians and the public, there seems to be bipartisan support for a credit card interest rate cap (at 10%). Almost everyone is in favor of free stuff—why not zero rates—but there is no free lunch.
Recent Insights
Spero Risk at Stress Testing: CCAR & DFAST Seminar
Next Wednesday and Thursday, June 13 and 14, Phil Chamberlain, EVP of Risk and Data Governance, and Andy Spero will present sessions at Risk.net’s two-day course in New York City, Stress Testing: CCAR & DFAST. On Wednesday, Phil will presen…
Read MoreCongratulations Lucy!
While there are similarities in approach, usually, there’s not much overlap between Spero Risk Associates (SRA) and Andy’s other job as the head track and field coach at John Carroll Catholic High School. However, our part-time, administr…
Read MoreSpero Risk – WBA Webinar Series
In conjunction with the Western Banking Association (WBA), we’re offering a series of webinars, entitled, “Crucial Resources for the Effective CRO.” The three webinars will go beyond regulations and bureaucracy to explain what you n…
Read MoreWells, Cross Selling, Incentives, et. al.
Last week’s news about Wells Fargo’s retail sales tactics provides excellent evidence that all of the required ethics and UDAAP (Unfair, Deceptive, or Abusive Acts or Practices) training to which bankers are subjected is no match for poor…
Read MoreCCAR 2016 BHC Loss Rate Graphs
The slideshow below consists of 16 graphs: eight for the SR 15-18 firms and a matching eight for the SR 15-19 firms. Each graph presents the Fed’s and the firm’s forecasted average loss rate for each portfolio. To stop the show–to r…
Read More