Michael Hsu news and trends

OCC Hikes Assessment Rates for Large Banks
Bank Regulation // November 27, 2024

America’s banking regulator says that it’s costing more to supervise the country’s largest financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Regulators Tell House Committee They’ll Pause New Banking Rules
Bank Regulation // November 20, 2024

There’ll be a moratorium on new banking rules — at least for a bit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

OCC Comptroller Hsu: Political Polarization Poses Long-Term Risk to Banking
Bank Regulation // July 17, 2024

Political polarization presents a long-term risk to banking, Acting Comptroller of the Currency Michael J. Hsu said Wednesday (July 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

OCC’s Hsu Encourages FIs to Help Immigrants Gain Access to Credit   
Financial Inclusion // April 11, 2024

This week, Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC) called on U.S. financial institutions (FIs) to take steps to serve newly arrived immigrants before they can slip into the ranks of the country’s unbanked.  Get the Full...

Quick Reads
OCC Rates 3 Financial Institutions ‘Outstanding’ in CRA Performance Evaluations

December 02, 2024
The Office of the Comptroller of the Currency (OCC) rated three out of 19 financial institutions as “outstanding” in its latest list of Community Reinvestment Act (CRA) performance evaluations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]

OCC Hikes Assessment Rates for Large Banks

November 27, 2024
America’s banking regulator says that it’s costing more to supervise the country’s largest financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

OCC Comptroller Hsu: Political Polarization Poses Long-Term Risk to Banking

July 17, 2024
Political polarization presents a long-term risk to banking, Acting Comptroller of the Currency Michael J. Hsu said Wednesday (July 17). Get the Full Story Complete the form to unlock this article...

Acting Comptroller Michael Hsu Says Bank-FinTech Partnerships Complicate Risk Monitoring

February 21, 2024
Michael Hsu, the acting comptroller of the currency, emphasized the importance of banks actively managing risks associated with their relationships with FinTech companies.  Get the Full Story Complete the form...