June 25, 2025 (NO COMMENTS)

US regulators’ ability to supervise bank models is being called into question, as quant teams at the Office of the Comptroller of the Currency (OCC) face heavy staff cuts.

According to six sources familiar with the situation, the agency’s in-house think tank – the Economics and Risk Analysis Division (RAD), which includes most of its quantitative modelling experts – looks set to be among the