It’s a rarity when a senior national team captain is glued to the television set in his hotel room watching 16-year-olds play but that’s what India U-17 team have done, made Sunil Chhetri one of their biggest fan.A day after Jeakson Singh scored the epic goal — first by an Indian, Chhetri, who is getting ready for the AFC Asian Cup qualifier against Macau could not stop raving about it.”I was jumping, man! We all were jumping! We had as many as three to four chances, and one of the shots (Rahul KP) hit the bar. I was so happy for that goal (scored by Jeakson),” Chhetri told reporters here.Not sure if Ive been happier watching a goal scored by an Indian team. So much to be proud about and so much to learn. #INDvCOL- Sunil Chhetri (@chetrisunil11) October 9, 2017 Chhetri and senior team goalkeeper Gurpreet Singh Sandhu has been keenly following the progress of the U-17 team and airing their views through social media and columns.Seeing the first ever goal scored in the World Cup by India was amazing, but the efforts of Dheeraj and the defenders were immense #Future- Gurpreet Singh (@GurpreetGK) October 10, 2017The senior Indian team will take on Macau tomorrow at the Sree Kanteevara Stadium in Bengaluru to seal their AFC Asian Cup berth.
International Hockey Federation chief Narinder Batra has been elected president of the Indian Olympic Association (IOA). He succeeds N Ramachandran from Tamil Nadu.Rajeev Mehta was elected unopposed secretary general of the IOA, while Anandeshwar Pandey is the new treasurer.”My intention is to see that India should improve its medal tally in every event and work with the sports ministry to ensure better involvement of all the stakeholders,” said Batra. “My belief is we should think big. We can host the Asian Games and Commonwealth Games in the future, even the Olympics, maybe in 2032.”Batra also said that relations with Pakistan on sports issues will depend on government’s stand and the cross border terrorism. “As far as bilateral ties are concerned they may improve but that depends on Pakistan’s behaviour. Cross border terrorism needs to stop,” Batra told India Today.Back in November, Batra’s election as the IOA chief had brightened after the General Body’s interpretation of an article of its constitution, which will allow him to contest for the top job post.The highest decision making body of the IOA, in its special meeting, unanimously decided to allow office bearers and members of the Executive Council elected in 2012 and 2014 to contest for the post of president and secretary general in the December 14 polls.The Special GBM was called to discuss and interpret Article XI (1) (c) of the IOA Constitution which states that: “… it shall be a mandatory requirement for elections to the posts of President and Secretary General that only those members, who had held the office and were members in the preceding Executive Council of the IOA, shall be eligible to contest the elections.”advertisement”The General House today passed a resolution to the effect that the office bearers and members of the Executive Council elected in 2012 and 2014 will be eligible to contest for the post of president and secretary,” IOA vice-president Tarlochan Singh said after the meeting.The meeting was a brief affair and lasted just over half an hour. Incumbent president N Ramachandran, who is not seeking re-election this time, did not attend the meeting and hence senior vice-president Virendra Nanavati presided it.(With inputs from PTI)
NEW YORK — So far, the price has been exorbitant.Unable to put away the biggest batters of the game, David Price was chased in the fifth inning May 7 and the New York Yankees beat Boston 8-2 to hand the struggling left-hander his first loss in a Red Sox uniform.Price, who signed a $217 million contract in the offseason, had won a career-best nine consecutive decisions dating to Sept. 5, 2015, with Toronto. But his velocity is down and he has a 6.75 ERA through seven starts for Boston.“I feel like the more velocity that you have, the more mistakes that you can get away with. Right now I’m not getting away with mistakes — or good pitches, for that matter,” Price said. “It’s been tough, for sure. But I know things are going to turn around.”Nathan Eovaldi (2-2) pitched eight strong innings, giving the Yankees the deep outing they needed with late-inning relievers Dellin Betances and Andrew Miller unavailable due to heavy workloads lately.Didi Gregorius hit a three-run double and Carlos Beltran added a two-run double for New York, which has won three of four following a six-game slide. After getting swept in three games by their longtime rivals at Fenway Park last weekend, the last-place Yankees will try to return the favor May 8.Backup catcher Austin Romine had three hits from the No. 9 spot in the batting order, including a pair of RBI doubles. Gregorius broke a 1-all tie in the fourth when he reached down and hooked an 0-2 pitch from Price (4-1) into the right-field corner.Beltran’s double to left, also on a two-strike pitch with two outs, made it 6-2 and ended Price’s afternoon.“It’s not like there’s a glaring deficiency or flaw in his delivery. It’s more the finishing action of the pitch,” Red Sox manager John Farrell said, adding that Price is healthy. “Right now, we’re examining everything.”Brock Holt had an early RBI single and Jackie Bradley Jr. homered for Boston, which had won nine of 12. Bradley extended his hitting streak to a career-high 13 games, the longest current streak in the majors.Price was 13-1 in his previous 17 starts — and 6-0 with a 2.01 ERA in his past eight outings at Yankee Stadium. He fell to 14-8 with a 4.34 ERA against New York overall.“I felt good. Just didn’t execute enough pitches. They hit some good ones, and that’s part of it,” Price said. “I made some pretty good pitches in certain spots. That pitch to Didi, that’s a good pitch.”The 2012 AL Cy Young Award winner has allowed at least five earned runs four times this season and is 1-1 with a 9.26 ERA in two games against New York. “It’s not fun for me. I don’t enjoy it. I’ve got to get better,” he said.(MIKE FITZPATRICK, AP Baseball Writer)TweetPinShare0 Shares
HALIFAX – Halifax Mayor Mike Savage says Nova Scotia has to do more to confront systemic racism, calling the toxic work environment at a municipal transit garage detailed by a human rights inquiry “very disappointing.”“We live in a province where there has been systemic racism against African Nova Scotians,” Savage said in an interview Thursday. “We have had issues within the city like all organizations and orders of government.”He added: “We all have to do better.”In a decision released this week, a Nova Scotia Human Rights Commission board of inquiry found that a bus mechanic married to a black woman with Aboriginal band status was subjected to unchecked racial discrimination and harassment.Independent board chairwoman Lynn Connors said Halifax is “vicariously liable” for allowing a “racist” bully to run rampant at Halifax Transit.The allegations against Arthur Maddox, who is no longer with the municipality, included a message scrawled on the men’s bathroom wall, which said “all minorities not welcome; show you care, burn a cross.” It was signed by “a member of the Baby Hitler.”Maddox is also quoted as allegedly saying “racism should be a law that you can shoot somebody and get away with it.”Savage said the city did the right thing when it dismissed the main perpetrator of the racial slurs and intimidation in 2001, but that he returned to work after an appeal.Connors said in her decision that the city had argued that its hands were tied by the sunset clause of the collective agreement.A city spokesman said the municipality had conducted its own workplace investigation prior to the human rights complaint.“That investigation substantiated many of the same allegations and resulted in a number of recommendations which were acted on at the time,” Nick Ritcey said in an email. “When the complaint was made to the (human rights commission) we attempted to settle the complaint but were unsuccessful.”The city also tried to have Maddox added as a party at the inquiry to answer for his conduct, he said.But Ritcey said this was opposed by the commission and the transit union, leaving the city responsible for the employee’s conduct.“We accept the findings of the board of inquiry and will continue our efforts to eliminate any form of discrimination in the workplace,” he said.Halifax put forward a defence based on freedom of expression, arguing that the comments and dialogues of co-workers fell within the scope of constitutionally protected expression.But Ritcey said Thursday that the freedom of speech argument was only made in relation to allegations that were not “racial in nature.”Jacques Dube, chief administrative officer for the municipality, issued an apology Tuesday to the complainant and his family.Dube said he is committed to a harassment-free workplace where all people are treated with dignity and respect.The municipality said it has taken steps to “build a culture of diversity and inclusion” through training and engagement with the African Nova Scotian community.The complaint about racism at the transit yard was originally filed with the provincial human rights commission nearly 12 years ago, in July 2006.A hearing is set for Monday to discuss the awarding of damages or assignment of mandated training.
TORONTO – The Canadian Imperial Bank of Commerce is one of the most commonly targeted brands used by cyberthieves in phishing attacks across North America, with a more than 600 per cent surge in fake email attempts in the third quarter, according to analysis by an email security firm.Vade Secure’s research shows that during that period CIBC was the lone Canadian company among the top 25 brands used by cybercriminals trying to trick people into handing over their credentials and confidential data, according to the France-based company’s engine.The Toronto-based bank was ranked 25th and used in an average of 5.3 new phishing links per day during the third quarter, an increase of more than 622 per cent from the previous quarter, the analysis showed.The email security firm’s chief executive Adrien Gendre said each of these links, which typically mimic official webpages, can be sent to thousands of users.It’s unclear what is behind the surge in phishing activity, but one factor could be CIBC’s launch of its Simplii Financial direct banking brand last year, Gendre said. When users are less familiar with what interactions to expect, they are easier to deceive with a fake email, he said.“Every new service, it’s a good target for phishing… People will click more on it,” Gendre said.Vade Secure, based in Lille, France, protects more than 500 million inboxes and its conclusions were based on the phishing attacks detected by its artificial-intelligence powered platform.CIBC said “cyber security is an evolving space that we monitor closely.“We have multiple layers of security in place and continuously invest to safeguard our clients,” spokesman Tom Wallis wrote in an emailed statement.The email security firm’s analysis comes as Canadian banks continue ramp up their spending on technology, including cybersecurity defences, and months after BMO and Simplii said that thousands of customers may have had personal and financial data compromised.In May, BMO said hackers contacted the bank claiming to be in possession of the personal data of fewer than 50,000 customers, and that the attack originated outside of Canada. At the same time, Simplii also warned that “fraudsters” may have accessed certain personal and account information for about 40,000 clients.A leak of user data is often followed by a wave of phishing attacks or a malware attack months later, Gendre said.A few years ago, grammatical errors or language mistakes would easily signal that it was fraudulent, but now these fake webpages are often indistinguishable from the real thing, Gendre added.The three top targets in North American phishing attacks during the third quarter were Microsoft, PayPal and Netflix, but other large Canadian banks were also among the 86 brands tracked by Vade Secure.Bank of Montreal was in 33rd place with phishing activity up 317.5 per cent from the previous quarter, followed by Scotiabank in 47th place with activity up 53.1 per cent. Royal Bank of Canada and Toronto-Dominion Bank saw a drop in phishing activity, down 91 per cent and 57.6 per cent from the previous quarter, respectively, to put them in the 49h and 62nd spots.However, during the second quarter, RBC was in the 21st spot with an 767.3 per cent increase in phishing links, according to Vade Secure.Gendre said cyberthieves typically cycle through different targets, switching to a new one as users become aware of the fake links and their attacks become less efficient.RBC’s vice-president of cyber operations and chief information officer Adam Evans said that as the bank increases its global footprint it becomes a bigger target for phishing attacks, but it has layers of security to protect against these kinds threats. The bank has also been increasing its cyber security budget and investing in technologies to mitigate this threat, he added.“Organizations that have a global footprint are going to be targeted more often and probably more frequently over time,” he said.BMO, Scotiabank and TD Bank did not respond to requests for comment.Companies in this story: (TSX:CM, TSX:BMO, TSX:BNS, TSX:TD, TSX:RY)
LOS ANGELES — CBS says it has sold Television City, its Los Angeles headquarters and production facility, to a real estate developer for $750 million.Shows on Television City sound stages include “The Late Late Show with James Corden” and “The Price is Right.” They will continue to be based there for at least five more years.CBS said Monday that the buyer is Hackman Capital Partners and that it will have the right to use the Television City name in connection with its future operations on the property.The media giant says the sale will increase its “financial flexibility.”CBS purchased the property in 1950 when it expanded operations from New York to the West Coast.Shows produced there include “All In The Family,” ”Three’s Company,” and “America’s Got Talent.”The Associated Press
Companies in this story: (TSX:IMO)The Canadian Press CALGARY — The B.C. government says Exxon Mobil Corp. has withdrawn its environmental assessment application for a $25-billion LNG export facility it proposed in 2015.The apparent shelving of the project is a blow to the West Coast liquefied natural gas export industry which at one time featured about 20 proposals, but has resulted in only one firm commitment to build.The withdrawal came in a one-sentence update on the website of the B.C. Environmental Assessment Office. Exxon did not immediately respond to a request for comment.The project had been proposed by Exxon and its Canadian partner, Imperial Oil Ltd., for Tuck Inlet in the Prince Rupert area on B.C.’s north coast.Earlier this year, Calgary-based Imperial took a writedown of $289 million on its northern B.C. Horn River shale gas development, a 50-50 venture with Exxon that was once expected to become a major supply source for B.C.’s LNG industry.In October, Royal Dutch Shell and its partners announced final investment approval for the $40-billion LNG Canada project, including a gas liquefaction plant in Kitimat on B.C.’s coast and a 670-kilometre gas supply pipeline.
Rabat- Two days after arriving in Morocco, German vlogger Susi Cruz experienced sexual harassment. Cruz’s harasser has been arrested after she shared a video online on July 1 to recount her experience.In the video posted on her YouTube channel “Van Life,” Cruz, who is known for videos of her travels in her van, tearfully spoke of the stressful experience. “When I walk the street for five minutes, just one street, and ten different people approach me, and make noises as if I was a dog.”Cruz said that she could not be herself while in Morocco’s Chefchaouen, known as the blue pearl. Even though she wore a conservative outfit of pants and a loose long-sleeved shirt, the harassing did not cease. Moreover, she talked about a guy who was friendly and tried to cheer her up by inviting her to his shop, only to harass her for hours while in her van. It got creepier when the guy did not want to leave the van and told Cruz that he wanted to be her boyfriend. The man also asked her for money. Cruz was horrified and tried to reach for her wallet to give him money, but she could not find it: “My wallet was stolen, I have no driving license, no money and no credit card,” Cruz said. Luckily, the man left Cruz’s van for a smoke and Cruz managed to lock the doors and drive for Spain.After arriving in Spain, Cruz made a video discussing the incident in Chefchaouen, saying she was glad she was back in Spain because while in Morocco, the way men looked at her made her feel uncomfortable despite her flexible nature: “They made me feel so weak; I felt so powerless.”Cruz also wrote, in the description of her video, that despite all, there were good things she enjoyed in the North African kingdom, and many women were nice to her:“Please don’t get influenced by the things I say, because it’s only my perspective and I don’t want you to generalize moroccans or anything like that. there were also many good things which I will post in the next video.I just wanted to share this asap if any solo travelers decide to go there.”After the video went viral on social media, Moroccan authorities arrested Cruz’s harasser, who featured in the clips.In her Monday Instagram story, Cruz said: “The police found that guy because of the video. He was arrested because of harassment, possession of drugs and illegally working as a tour guide.”Sexual harassment remains a serious issue in Morocco. Despite several anti-harassment campaigns and Morocco’s new law against violence, sexual harassment, and gender-based discrimination, women still get openly harassed in public.According to the law, those accused of such crimes will receive jail time from one to six months, as well as a fine ranging from MAD 2,000 to 10,000.Screenshot: Yabiladi
On the markets at 9:50 a.m. (ET):In Toronto, the S&P/TSX composite index is down 61.55 points to 15,120.64.American markets are closed today, but yesterday the Dow Jones industrial average gained 129.64 points to 21,479.27.The Standard & Poor’s 500 index yesterday added 5.60 points to 2,429.01.The Nasdaq composite index fell 30.36 point yesterday to 6,110.06.The Canadian dollar is trading at 77.22 cents US, up from Friday’s average price of 77.06 cents US.
Under-Secretary-General for Political Affairs Ibrahim Gambari met in Beirut with President Emile Lahoud and had talks scheduled with the Foreign Minister, Fawzei Salloukh.Earlier, Gambari met with the Justice Minister and commended the Lebanese Government for its cooperation with the UN investigation into the assassination of former Lebanese Prime Minister Rafik Hariri.He urged that Syria also cooperate fully, adding that the assassination was “a terrorist act” that should not go unpunished, according to a UN spokesman.
Microsoft and the Royal Society of London teamed up recently to mix science, history, and computer game peripherals. The Kinect motion sensor has many different uses, whether it’s helping a disabled mom send an email or enabling people to create 3D objects using their hands. Now the Kinect has been used to recreate Isaac Newton’s face in 3D.Using Isaac Newton’s terracotta death mask, Microsoft scanned the mask and was then able to create an increadibly accurate 3D representation of his face. What’s even more impressive is the 360-degree 3D full head scan at the end of the video. Microsoft could have easily used the 3D image to print out a replica of the death mask using a 3D printer, it’s a shame they didn’t.It might seem like a random thing to do, but Microsoft wanted to show the capabilities of the Kinect camera and the Kinect Fusion system with it’s ability to record in 3D. Microsoft is also promoting their Kinect for Windows program so they can supply an affordable, accurate, motion sense camera so developers and businesses can start using Kinect in their industries. It’s already being used in the health care, manufacturing, retail, and hospitality industries. A small team in San Francisco is even creating a super-accurate two-handed geasture control system using two Kinect mounted on a frame.The point of the death mask scan is to prove Kinect isn’t just good for gaming, something most of us were already aware of, but this 3D scanning technology is impressive and could improve gaming too. Imagine being able to scan your face, or even your entire body, and use your likeness in a game — then you really could be inside the game. Such tech would take time to perfect, but it’s something Microsoft should consider as it would surely be popular.More at TPM, via Kotaku
Watch: Dolphin Leaps Feet Away From Unsuspecting SurferNASA Says 2 Asteroids Will Safely Fly By Earth This Weekend Stay on target The Berlin Zoo captured footage of a polar bear cub opening its eyes for the first time, and it’s so darn cute.On Tuesday, the Berlin Zoo posted a video of the cub and her mother, Tonia, on YouTube. The footage, which was captured by infrared cameras, shows the cub opening its eyes and getting cozy with its mama.This sweet milestone is important for the cub, which was born on Dec. 1, Fox News reported. Newborn polar bear cubs are born deaf and blind, and they’re not able to see or hear until about 30 days after they’re born.Following this heartwarming moment, Tonia has enjoyed cleaning, nursing, and sleeping with her cub. The cub’s father was born at the zoo, however, he is not involved with raising the baby polar bear.Zoo officials have observed Tonia and her cub through cameras and microphones in the litter cave. They’re watching them remotely to make sure they can enjoy each other’s company without disturbances. Tonia and her cub are not expected to leave the litter cave until the spring season.More on Geek.com:Scientists Could Soon Develop ‘Birth Control’ for MosquitoesOver 100 Praying Mantises Hidden in Christmas Tree Infest HomeGeorge the Snail, the Last of His Species, Dies at Age 14
Donlin Gold and the Kuskokwim Corporation have signed a surface rights agreement for the proposed gold mine located 120 miles upriver of Bethel. The deal gives the native corporation rights to some construction contracts and sets financial terms for decades to come.Download AudioThe regional native corporation, Calista, owns subsurface rights at the Donlin site, while The Kuskokwim Corporation, has the surface rights. Maver Carey is President and CEO of TKC. She says the financial terms are confidential.Donlin Gold mine plan. Donlin Gold / donlineis.com“I can say that over the next few years we’ve got a few milestone payments that Donlin has agreed to pay us, for example the signing bonus for actually signing the agreement,” Carey said. “What we’ve done with that is create our first elders dividend, and then a portion we need to use to get our companies ready to go.”The open-pit gold mine that Donlin Gold is now working toward has been in the works for over a decade. It’s currently in the permitting stage. The Kuskokwim Corporation was formed in 1977 with 10 upper river village corporations merged. They have around $3,000 shareholders and a portfolio of companies from construction and apartments to aerospace operations.The new companies would construct and operate a new port on the Kuskokwim River, downriver from Crooked Creek serving a couple of Donlin barges carrying fuel and supplies. TKC secured the right to the contract in the agreement. The deal replaces an agreement set to expire next year and sets the terms for accessing and building on the land.The corporation also plans to play a big role in the reclamation of the mine site decades into the future after the millions of ounces of gold have been dug out.“It just marks a milestone in that partnership that has been going on for some time,” Kurt Parkan, external affairs manager for Donlin Gold, said. “It’s an agreement with both entities to advance the project into the future.”The agreement runs until 2031 and can be extended if and when the mine comes into operation. Carey says the agreement has provisions for shareholder scholarships and hiring. While the company calls it a historic agreement, Carey says the agreement does not mean instant wealth.“Instead it’s a legacy we’re going to leave for our children and grandchildren, and when I say legacy, not just a financial legacy,” Carey said. “We have a lot to do in terms of training and employment opportunities, so our children and grandchildren can be CEOs of the new subsidiaries we’re creating.”The open-pit mine would be among the largest gold mines in the world. The project is owned by Nova Gold and Barrick Gold, two Canadian companies.
Profit surges at Hilton, Hyatt100 viewsProfit surges at Hilton, Hyatt100 views00:00 / 00:00- 00:00:0000:00Profit surges at Hilton, Hyatt100 viewsBusinessMore travelers paying higher rates for rooms drove revenue and profit sharply higher at HIlton Worldwide. Business travel spurred by the strong U.S. economy drove up occupancy at the owner of theVentuno Web Player 4.50More travelers paying higher rates for rooms drove revenue and profit sharply higher at HIlton Worldwide. Business travel spurred by the strong U.S. economy drove up occupancy at the owner of the
It’s time again for the Houston Matters weekly political roundup with analysis of national, state, and local political stories — with an eye for how it all might affect Houston and Texas.This week, we discuss everything from Pres. Trump’s proposed budget, to the DACA debate in the Senate, to Astrodome renovation approval by Harris County Commissioners Court.Our panel of political experts this week includes Brandon Rottinghaus, professor of political science at the University of Houston and co-host of Houston Public Media’s Party Politics podcast, and Mark Jones, political science fellow at Rice University’s Baker Institute for Public Policy. Share
MIAMI — Known for its award-winning luxury resorts in the Caribbean, Excellence Group Luxury Hotels and Resorts has announced its newest addition in Jamaica – Excellence Oyster Bay.Opening early 2018 and breaking ground in the next few months, it will be the first adults-only, all-inclusive luxury resort of its kind in Montego Bay, and will enjoy prime location in Oyster Bay, just 30 minutes from the international airport. The waterfront property will feature 325 suites, including 800-square foot junior suites and 2,000-square foot upper suites that include expansive living spaces, panoramic ocean views and direct beach access.Excellence Oyster Bay will be in a private peninsula with calm waters on one side and a lagoon on the other. The town of Fallmounth is also nearby for day trips.“Excellence Oyster Bay will be the first resort of the Excellence Group in Jamaica, and will set a new standard in the all-inclusive luxury segment, with its location, facilities and the renowned quality service that guests have come to expect from any Excellence Resort,” said Excellence Group’s Vice President of Sales and Marketing, Domingo Aznar.More news: Onex paying big to get WestJet and that will send airfares soaring, says CWTMore information can be found at excellencegroupluxuryresorts.com Excellence Group announces new luxury resort in Montego Bay Tuesday, January 17, 2017 Posted by Travelweek Group Tweet Tags: Excellence Group << Previous PostNext Post >>
Source = e-Travel Blackboard: N.J Aiming to “tap into the online space”, Flight Centre has launched a Design Survey to gather feedback and make adjustments to its website.Flight Centre global e-commerce leader Sean Sutherland confirmed to e-Travel Blackboard that the agent’s Group is in the “process of redeveloping” its online appearance and the survey is a minor part of the new design process.“We expect to run many tests, surveys and workshops involving our customers,” Mr Sutherland explained.The e-commerce head added that changes will be made overtime and not re-launched in a “single instance”.“However this will be driven by the results of our process, so this could change our initial assumptions,” he added.“All of this is being run by our growing Usability and design team.”While the company plans the online expansion, a spokesperson told e-Travel Blackboard that the redevelopment will not impact shops and its agents.“We see it as complementary to our shop network, so there are no plans to cut back on shops,” the spokesperson explained.“Our expansion plan has been fairly well documented – 8-10&% shop growth this year globally.”
Share December 10, 2015 466 Views Banks Credit Risk Mortgage Lenders Office of the Comptroller of the Currency 2015-12-10 Staff Writer in Daily Dose, Data, Featured, Government, News A survey of 95 national banks and federal savings associations revealed overall on average, those institutions have eased their underwriting standards for the third consecutive year, according to a report from the Office of the Comptroller of the Currency (OCC).The 21st annual Survey of Credit Underwriting Practices conducted by the OCC showed that underwriting standards at those 95 institutions had not only eased during the period of 2013 to 2015, but reflected trends similar to those seen from 2005 to 2007 immediately prior to the crisis. The survey results cover the 12-month period ending June 30, 2015, and covers loans totaling $5.1 trillion, or about 94 percent of all loans in the federal banking system, according to the OCC.The survey found that due to the easing underwriting standards, the level of credit risk that came with the loans had increased significantly. A significant share of commercial and real estate loan products reflected increased risk from 2014, according to the OCC—and examiners expect both portfolios to see increased levels of risk over the next 12 months.“We are seeing trends very similar to those that examiners reported just prior to the most recent financial crisis,” said Jennifer C. Kelly, Senior Deputy Comptroller and Chief National Bank Examiner. “With credit risk on the rise, OCC examiners will remain focused on evaluating new loan originations to assess banks’ and federal savings associations’ efforts to maintain prudent underwriting standards and practices through this stage of the credit cycle.”Seven categories were included when calculating underwriting standards for retail products: Affordable housing, conventional home equity, credit cards, direct consumer lending, high loan-to-value home equity, indirect consumer lending, and residential first mortgages. From 2014 to 2015, the percentage of banks surveyed that eased their underwriting standards across the seven retail products categories jumped from 22 percent to 27 percent (the highest level since 2006) while the share of banks that tightened underwriting standards tumbled from 10 percent in 2014 to1 percent in 2015, according to the OCC.In residential real estate lending, the share of banks that eased underwriting standards rose from 10 percent in 2014 up to13 percent in 2015, while the share that tightened underwriting standards plummeted from 20 percent in 2014 to 6 percent in 2015.Click here to view the OCC’s complete survey. Risky Business: OCC says Banks Getting Looser with Lending