Joseph Otting

States could solve beneficial ownership issue: OCC's Otting


Banks would be better able to comply with anti-money-laundering laws if all 50 states collected information on the owners of new corporations and published it in a national database, Comptroller Joseph Otting said Monday.


‘We were willing to shock historical norms’: Otting on OCC’s makeover


The comptroller, now a year and a half on the job, discusses his attempts to revamp the supervision process for national banks and make the agency run more efficiently.


OCC monitoring Wells CEO search; CFPB enforcement chief to leave


Agency says it will vet Timothy Sloan’s successor; Eric Blankenstein, who came under fire for 2004 racist blogs, to step down.


Fintech charter delayed following court ruling: Otting


A recent court decision allowing New York’s financial regulator to proceed in a case meant to block the Office of the Comptroller of the Currency from offering fintechs a new federal banking charter is having a chilling effect on potential applicants.


Brown to regulators: Be ready to discuss leveraged loans at hearing


The ranking Democrat on the Senate Banking Committee says he wants answers from the Financial Stability Oversight Council on efforts to address corporate debt risks.


N.Y. regulator’s suit to stop fintech charter gets green light


The Office of the Comptroller of the Currency had sought to dismiss the case, but a court ruling suggested that the state regulator’s claim may have merit.


OCC seeks comment on fintech pilot program


The proposed program would allow companies to test innovative products that “present significant opportunities or benefits” for consumers, businesses and other financial institutions.


OCC should speak up on Wells Fargo's exec changes: Warren


The Massachusetts Democrat said the agency could have used existing statutory authority to object to the bank’s appointment of now-departed CEO Tim Sloan.


Mark Calabria sworn in as FHFA director


The new head of the agency regulating Fannie Mae and Freddie Mac will be at the forefront of reforming the housing finance system.


Agencies near consensus on key elements of CRA reform


Senior officials at the OCC, FDIC and Fed signaled they agree more than they disagree on a plan to modernize the Community Reinvestment Act.