2023 Risk Survey: Complete Results

Bank Director’s 2023 Risk Survey, sponsored by Moss Adams LLP, finds interest rates and liquidity risk dominating bank leaders’ minds in 2023. The survey, which explores several key risk areas, was conducted in January, before a run on deposits imperiled several institutions, including $209 billion SVB Financial Corp., which regulators closed in March. Bank executives and board members were feeling pressure on deposit costs well before that turmoil, as the Federal Open Market Committee raised the federal funds rate through 2022 and into 2023. Over the past year, respondent concerns about interest rate risk (91%), credit risk (77%) and liquidity...