News Topic: OCC

Long-awaited modifications to proprietary trading ban are to be unveiled at an open meeting on May 30. ... Read full article

The agency's bulletin opens the door to banks' making more short-term loans to borrowers with lower credit scores — with few parameters beyond "sound underwriting." ... Read full article

Combined with another key change that would give banks more leeway in trading, the revisions on hedging could further blunt the impact of the rule named after a former Fed chairman. ... Read full article

With Congress set to approve a regulatory relief bill and vote on an FDIC chairman, banks will soon see the deregulation they’ve long been anticipating. ... Read full article

Commenters will have more time to weigh in on the plan, by the Fed and OCC, that has triggered divisions among the federal regulators. ... Read full article

The proposed change would give banks more leeway in making trades and put more onus on regulators to challenge their judgments, sources said. ... Read full article

The Fed and FDIC are at odds over how proposed changes to the supplemental leverage ratio would change megabanks’ capital levels. Here's why both estimates are right but misleading. ... Read full article

Citizens Financial Group plans to merge its two banking charters into a single national bank. The move would make the OCC the bank's primary regulator and eliminate the costs of dealing with the FDIC and state officials. ... Read full article

The Federal Reserve’s top regulator says proposed capital changes make system safer while overall capital levels are unchanged. ... Read full article

Trump-appointed regulators are making headway on easing regulations. But there's one critical voice missing. ... Read full article

Bankers have long complained that anti-money-laundering regulations impose an extra burden without really stopping major crime. D.C. is finally listening. ... Read full article

Judge Dabney Friedrich ruled that the case could not proceed because the OCC has not actually granted the fintech charter to any firm. ... Read full article

The outgoing No. 2 of the Federal Deposit Insurance Corp. and the agency's former chair say the proposed changes would increase the likelihood of another financial crisis. ... Read full article

Not a penny of the $1 billion fine against Wells Fargo will end up in the hands of customers harmed by practices flagged by regulators. ... Read full article

The senior official said U.S. regulatory agencies should not rush to complete certain final aspects of Basel III, to prevent the new standards from conflicting with existing rules. ... Read full article

Japan's biggest bank has been accused by New York officials of dodging tough oversight by swapping its state license for a federal one, putting itself under a U.S. agency on the front lines of President Donald Trump's push to ease financial ... Read full article

The international standards-setting body is weathering the infatuation with isolationism in the U.S. and elsewhere better than expected. ... Read full article

The costly order against Wells Fargo contains both unexpected good news for the bank and more potential problems for its CEO. ... Read full article