OCC

Capital proposals a ‘win-win,’ Fed's Quarles says

05/04/18

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

[more]

Next stop on the reg relief train: Reforming AML rules

05/03/18

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

[more]

With OCC wavering on fintech charter, judge drops states’ lawsuit

05/01/18

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

[more]

Fed plan to ease capital rules courting disaster: Bair, Hoenig

04/27/18

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.

[more]

How huge Wells fine could leave customers in the cold

04/27/18

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.

[more]

Treasury’s Phillips pleads for caution on implementing Basel standards

04/26/18

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.

[more]

MUFG draws Senate scrutiny for its switch to OCC

04/26/18

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 rules.

[more]

The death of the Basel Committee has been greatly exaggerated

04/24/18

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

[more]

$1B fallout: Where does Wells go from here?

04/20/18

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

[more]

Wells' $1B penalty: Regulators make good on Trump tweet

04/20/18

Months after President Trump vowed that Wells Fargo would pay a severe penalty, the CFPB and OCC hit the bank with a $1 billion fine to settle claims it overcharged customers for auto insurance and home loans.

[more]