Keith Noreika

Public deserves to know results of OCC sales practices inquiry


The agency has no plans to release general findings from an extensive review of sales practices at large and midsized banks. That's troublesome, and will only fuel the perception that it is too cozy with the institutions it regulates.


Wells Fargo not alone: OCC finds sales abuses at other banks


An inquiry into the sales practices of more than 40 banks launched in the wake of the Wells scandal found several systemic issues and hundreds of problems at individual institutions. The OCC completed the review in December but is not making the results public.


With help from regulators, small-dollar loans can work for banks, borrowers


Regulators should revise existing rules to encourage banks to offer short-term loans to customers who run into financial emergencies.


OCC’s Otting will be recused from oversight of five banks, agency says


Comptroller of the Currency Joseph Otting will bow out of certain regulatory matters involving CIT and U.S. Bank, where he held leadership roles, and three others.


Ex-OCC head returns to law firm Simpson Thacher


Keith Noreika, who made waves during his brief stint as acting Comptroller of the Currency, has rejoined Simpson Thacher Bartlett as a partner.


More problems for Wells; two more banks expect tax hits


A key part of Well Fargo's Camels score was reduced, reflecting concerns about its management; Morgan Stanley, Deutsche Bank join the list of banks taking writedowns for deferred-tax assets.


Despite court win, OCC still faces legal 'landmine' over fintech charter


The dismissal of a lawsuit challenging the creation of a fintech charter gives the agency more time to refine its policy, but the court ruling may set up future legal challenges.


Court throws out New York regulator's suit against OCC fintech charter


A district court judge said the state’s suit against Office of the Comptroller of the Currency is premature because the agency has not finalized its fintech charter nor has any firm applied for it.


Ex-OCC chief says bank holding companies may be obsolete


On his last day at the agency, Keith Noreika called for scaling back the Bank Holding Company Act, arguing that it burdens banks with duplicative regulation and restricts their economic potential.


Legal clash looms over CFPB leadership


There is a possibility that there could soon be two individuals declaring themselves the rightful leader of the Consumer Financial Protection Bureau.