OCC Reports Third Quarter 2018 Bank Trading Revenue The Office of the Comptroller of the Currency (OCC) reported trading revenue of U.S. commercial banks and federal savings associations of $7.1 billion in the third quarter 2018, which was $0.2 billion, 2.7 percent, more than the previous quarter.
OCC Reports Third Quarter 2018 Bank Trading Revenue The Office of the Comptroller of the Currency (OCC) reported trading revenue of U.S. commercial banks and federal savings associations of $7.1 billion in the third quarter 2018, which was $0.2 billion, 2.7 percent, more than the previous quarter.
OCC Reports Slight Improvement in Mortgage Performance The Office of the Comptroller of the Currency (OCC) reported a slight improvement in the performance of first-lien mortgages in the federal banking system during the third quarter of 2018.
OCC Reports Slight Improvement in Mortgage Performance The Office of the Comptroller of the Currency (OCC) reported a slight improvement in the performance of first-lien mortgages in the federal banking system during the third quarter of 2018.
ICBA to create online directory of fintech firms The directory, which will debut next year, should help community banks find potential fintech partners.
Morning Scan Fed, FDIC court banks; Germany seeks to help its banks The two agencies seek to end the acrimony with the companies they regulate; the government is trying to make it easier for the wounded Deutsche Bank to merge with rival Commerzbank.
OCC sees sharp drop in mortgages serviced by large banks An agency report said servicing portfolios have shrunk by nearly half in 10 years as much of the mortgage market has shifted to nonbanks.
Group applies with FDIC to open bank in New Hampshire Millyard Bank aims to become the state's second post-crisis de novo. Primary Bank opened in 2015.
OCC Proclamation on National Day of Mourning for President George H. W. Bush The Office of the Comptroller of the Currency today advised national banks in a proclamation that under federal law they may close their offices Wednesday (December 5, 2018), at their discretion, in any state in which the governor or other authorized official has declared a legal holiday in recognition of the National Day of Mourning for President George H. W. Bush.
OCC Proclamation on National Day of Mourning for President George H. W. Bush The Office of the Comptroller of the Currency today advised national banks in a proclamation that under federal law they may close their offices Wednesday (December 5, 2018), at their discretion, in any state in which the governor or other authorized official has declared a legal holiday in recognition of the National Day of Mourning for President George H. W. Bush.
OCC Releases CRA Evaluations for 28 National Banks and Federal Savings Associations The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of November 1, 2018 through November 30, 2018. The list contains only national banks, federal savings associations, and insured federal branches of foreign banks that have received ratings.
Mulvaney's last move at CFPB aims to help fintechs The agency's departing acting director filed a proposal Monday for a new sandbox that would grant firms a legal safe harbor and 'exemptive relief' from enforcement.
Kathy Kraninger sworn in as CFPB director The Trump appointee officially took over for Mick Mulvaney as head of the agency following her Senate confirmation last week.
OCC Report Discusses Key Risks for Federal Banking System The Office of the Comptroller of the Currency (OCC) today reported credit, operational, compliance, and interest rate risks are key themes for the federal banking system in its Semiannual Risk Perspective for Fall 2018.
FDIC Announces Actions to Promote a More Transparent, Streamlined, and Accountable Deposit Insurance Application Process For Immediate Release December 6, 2018 Press Release Media Contact:David Barr(202) 898-6992dbarr@fdic.gov FDIC Announces Actions to Promote a More Transparent, Streamlined, and Accountable Deposit Insurance Application Process The Federal Deposit Insurance Corporation (FDIC) is announcing multiple initiatives and resources related to the deposit insurance application process for organizers of new...
OCC Report Discusses Key Risks for Federal Banking System The Office of the Comptroller of the Currency (OCC) today reported credit, operational, compliance, and interest rate risks are key themes for the federal banking system in its Semiannual Risk Perspective for Fall 2018.
Agencies Issue a Joint Statement on Innovative Industry Approaches The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Financial Crimes Enforcement Network (FinCEN), and the National Credit Union Administration today issued a statement encouraging banks to take innovative approaches to meet their Bank Secrecy Act/anti-money laundering (BSA/AML) compliance obliga...
Revised for Event Date: FDIC's Advisory Committee on Systemic Resolution to Meet on December 6, 2018 For Immediate Release December 4, 2018 Press Release Media Contact:LaJuan Williams-Young(202) 898-3876lwilliams-young@fdic.gov FDIC's Advisory Committee on Systemic Resolution to Meet on December 6, 2018 The Federal Deposit Insurance Corporation's Advisory Committee on Systemic Resolution is scheduled to meet Thursday, December 6th. FDIC Chairman Jelena McWilliams, will begin the meeting at 9:00 ...
FDIC's Advisory Committee on Systemic Resolution to Meet on December 6, 2018 For Immediate Release December 4, 2018 Press Release Media Contact:LaJuan Williams-Young(202) 898-3876lwilliams-young@fdic.gov FDIC's Advisory Committee on Systemic Resolution to Meet on December 5, 2018 The Federal Deposit Insurance Corporation's Advisory Committee on Systemic Resolution is scheduled to meet Thursday, December 6th. FDIC Chairman Jelena McWilliams, will begin the meeting at 9:00 ...
Agencies Issue a Joint Statement on Innovative Industry Approaches The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the Financial Crimes Enforcement Network (FinCEN), and the National Credit Union Administration today issued a statement encouraging banks to take innovative approaches to meet their Bank Secrecy Act/anti-money laundering (BSA/AML) compliance obliga...