Latest developments from the Office of the Comptroller of the Currency (regulator of national banks)
Personnel changes at the upper ranks of the national bank regulator will move a temporary chief counsel into that office to take the place of the departing incumbent in the position, who is joining another […]
Supervision of crypto-asset activities at financial institutions across the globe needs close coordination and collaboration, despite the resistance and influence of the industry that promotes the digital entities, the regulator of national banks said Thursday. […]
Financial instability is a possible result of the blurring of lines between banking and commerce in payments and private equity and credit, the leader of the national bank regulator said in remarks Wednesday. But the […]
Declining credit quality trends due to the pressure of higher interest rates on leveraged borrowers and compressed operating margins in some industry sectors are becoming clearer, a report from federal bank agencies indicated Friday. According […]
A former employee of a bank in Southfield, Mich., was barred from future work in any federally insured financial institution and ordered to pay a $50,000 civil money penalty, according to a consent order released […]
National banks with assets of more than $250 billion must file their 2024 stress tests results to their regulator by April 5, the agency said Thursday, with results expected to be published by July 15. […]
Mutual savings associations will offer their input to the regulator of national banks when the committee of the institutions gathers for a meeting on March 5, the regulator said. The Office of the Comptroller of […]
April 15 is the due date for public comments on the national bank regulator’s proposal for removing expedited bank merger approval procedures and increasing transparency around the agency’s review of proposed mergers, according to a […]
Addressing appraisal bias will build a more equitable housing finance system for all Americans, the acting comptroller of the currency told a Washington audience Tuesday. “By rooting out bias in the appraisal system, we can […]
A review of regulations covering the categories of applications and reporting, powers and activities, and international operations was announced Tuesday by the three federal banking agencies, with comments to be collected for 90 days. The […]
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