The Federal Reserve Board is intensifying its scrutiny of computer systems used by rapidly expanding banks.

In a supervisory letter being sent out this week, the Fed said it will review the integrity, availability, and management of information- technology systems of banks that either are on acquisition binges or are entering new product lines.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.