OCC

Ex-comptroller Dugan to be new Citi chairman

11/05/18

John Dugan in January will succeed Mike O’Neill, who recently turned 72 and under Citigroup rules may not seek re-election to the board.

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Can CRA be modernized and still serve its original purpose?

11/01/18

One of the biggest sticking points as regulators try to reform the Community Reinvestment Act is expanding the assessment footprint but ensuring banks continue to serve their direct communities.

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Fed unveils overhaul of large-bank supervision

10/31/18

In a highly anticipated proposal, the central bank outlined a new approach for its post-crisis supervisory program that divides banks into different tiers based on size.

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Regulators propose new formula for estimating derivative exposures

10/30/18

The new approach would replace the "current exposure methodology" that banks typically use to calculate what they owe or are owed in swaps, futures or options contracts.

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Dear regulators: Don’t take CRA’s revamp too far

10/30/18

While there are ways to improve the Community Reinvestment Act for the modern era, steps must be taken to ensure the law is not weakened in the process.

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Regulators secretly halted JPMorgan Chase’s growth for years

10/26/18

Under the Obama administration, the OCC quietly prevented JPMorgan Chase from opening branches in new states as punishment for violating banking rules, according to sources.

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BlackRock looks south; CFPB hits ‘abusive’ payday lender

10/26/18

The money manager plans a big expansion in Atlanta; agency makes now rare determination that debt-collection practices were “abusive.”

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Amid glut of cyber rules, banks launch global tool to assess risks

10/25/18

The assessment is designed to get banks on the same page in combating cybersecurity and make it easier for institutions and regulators to assess their performance.

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Wells Fargo execs said to get OCC letters before leave

10/25/18

Hope Hardison, the chief administrative officer, and David Julian, the chief auditor, were placed on leave Wednesday after they received the letters, which indicated the comptroller's office plans to pursue sanctions againts them, a source says.

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State regulators refile suit to block OCC's fintech charter

10/25/18

State regulators have once again sued the OCC, arguing it lacks legal authority to offer a federal fintech banking charter.

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