Office of the Comptroller of the Currency

OCC Prepares Civil Suit Against Former Wells Fargo Executives

OCC Prepares Civil Suit Against Former Wells Fargo Executives
OCC Prepares Civil Suit Against Former Wells Fargo Executives
January 23, 2020  |  Cybersecurity

A Wells Fargo regulator is planning to slap former company executives with civil charges associated with their position in its retail banking scandals, people familiar...

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Banks Scrapping Regulators For Friendlier OCC Oversight
Banks Scrapping Regulators For Friendlier OCC Oversight
September 17, 2019  |  Bank Regulation

An increased number of banks are swapping their own regulators for oversight by the Office of the Comptroller of the Currency (OCC), The Wall Street...

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OCC Beefs Up Banking Oversight
OCC Beefs Up Banking Oversight
July 31, 2019  |  Bank Regulation

The Office of the Comptroller of the Currency (OCC) has announced that it’s going to realign about 150 staff members in two new units, the...

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MUFG Bank Enters Consent Order With OCC Over AML Compliance
MUFG Bank Enters Consent Order With OCC Over AML Compliance
February 22, 2019  |  Cybersecurity

MUFG Bank, a Japan-based institution, announced on Friday (Feb. 22) that it was entering into a consent order with the U.S. Office of the Comptroller...

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The Opportunities And Challenges Of Small-Dollar Lending
The Opportunities And Challenges Of Small-Dollar Lending
May 28, 2018  |  Bank Regulation

Responsible short-term, small-dollar loans to consumers will result in increased purchasing power, according to a paper from the American Banking Association about small-dollar lending. Get...

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Wells Fargo Accused Of Manipulating Business Banking Data
Wells Fargo Accused Of Manipulating Business Banking Data
May 17, 2018  |  Bank Regulation

It’s happened again. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Congresswoman Waters Introduces Bill To Punish Bad Banks
Congresswoman Waters Introduces Bill To Punish Bad Banks
October 05, 2017  |  Bank Regulation

Top Democrat Maxine Waters has introduced a bill outlining a process to break apart big banks that engage in widespread consumer abuse. Get the Full...

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Varo Money Applies For Charter To Become A Mobile-Only Regulated Bank
Varo Money Applies For Charter To Become A Mobile-Only Regulated Bank
July 25, 2017  |  Bank Regulation

Varo Money, the digital banking fintech that has investment backing from Warburg Pincus, filed for a national banking charter and deposit insurance, putting the Trump...

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