News Topic: OCC

All of the GOP members on the House Financial Services Committee called on the regulator to consider "administrative decisions" to offset the impact of the 2015 decision. ... Read full article

The revised trading rule is seen as a credit negative for banking industry. ... Read full article

Fintechs that simply offer cosmetic upgrades to the cumbersome American banking system won't survive. ... Read full article

Regulators are letting banks choose from among four security frameworks, but some observers are urging a more prescriptive approach. ... Read full article

A federal judge blocked state regulators from suing the agency over its new charter, but it’s still unclear whether fintechs would even apply. ... Read full article

Native American tribal leaders are hoping foreign banks might step in to provide added assistance if regulators act on a plan leaders have put forward to designate Indian country as its own area under the CRA. ... Read full article

The Cincinnati bank applied in May to convert its Ohio state charter amid an expansion into Texas and Colorado and the completion of its merger with MB Financial. ... Read full article

With no fintech applicant officially seeking the agency’s specialized charter, Judge Dabney Friedrich said claims by the Conference of State Bank Supervisors still were not ripe. ... Read full article

An agency with a mission to protect consumers deserves to have a role in approving M&A deals. ... Read full article

Seeking to expand financial services access, tribal officials and some firms want regulators to award Community Reinvestment Act credit to any bank that funds projects in Native American communities. ... Read full article

The agencies handed banks a significant victory when they finalized revisions to the Dodd-Frank proprietary trading ban, but officials also plan to re-propose changes to the “covered funds” section of the rule. ... Read full article

Readers react to regulators revamping the Volcker Rule and the U.S. Postal Service getting into banking, criticize HUD's plan to make it harder for consumers to allege discrimination and more. ... Read full article

After two regulatory agencies adopted final revisions to the rule, Dodd-Frank defenders expressed concern that the amendments to the proprietary trading ban undermined the post-crisis statute. ... Read full article

The agencies had proposed an "accounting prong" as an alternative means to determine which proprietary trades are banned, but their final rule heeded industry concerns that that would be worse than the current approach. ... Read full article

Banks stand to enjoy new flexibility in complying with Dodd-Frank’s proprietary trading ban, but it remains to be seen if regulators will grant them all the relief they have sought. ... Read full article

Wall Street watchdogs are poised to take a major step toward overhauling limits on banks’ ability to trade with their own funds, according to people familiar with the effort. ... Read full article

Banks currently can help their CRA performance with mortgages to anyone in a distressed neighborhood, but Joseph Otting said officials crafting a reform plan are considering limiting that to lower-income borrowers. ... Read full article

Regulatory sandboxes can create a lot of opportunity for the winners but inadvertently put losers at a competitive disadvantage. ... Read full article