Some trust departments at national banks may be taking too much risk when investing fiduciary funds in derivatives, a top regulator warned Wednesday.

Douglas E. Harris, senior deputy comptroller for capital markets, said the Comptroller's Office is putting the finishing touches on a bulletin to national banks about trust departments' use of derivatives.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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