Lalita Clozel

The Office of the Comptroller of the Currency told a somewhat familiar story Friday about the industry's risk environment.

Observers see recent comments by acting Comptroller of the Currency Keith Noreika as a sign that the agency may plow ahead on its policy for fintech firms.

The agencies released public portions of livings wills that were due July 1 while also announcing an extension for AIG and Prudential.

The promise of fintech is that it might offer underbanked consumers access to financial products. But some are worried that relying on algorithms to make credit decisions could open up problems of its own.

Acting Comptroller of the Currency Keith Noreika is expected Thursday to offer detailed proposals to loosen regulatory restrictions on financial institutions of all sizes, including simplification of the Volcker Rule, streamlined processes for approving de novos and curbs on CFPB exam authority.

IBM is set to announce new tools on Wednesday aimed at reducing the compliance burden of financial institutions and sifting through the mounds of data they collect by using Watson, its cognitive computer.

Ahead of a vote on a bill that would eliminate orderly liquidation authority, supporters of those powers are proposing changes to make OLA more palatable to conservatives.

The group representing large banks argued in a report Friday that overlapping regulations are hurting the industry's efforts to deal with cyberthreats.

The end of the filibuster for presidential nominees could affect whether Democrats get a say in picking board members of the FDIC.

A top Trump administration official on Thursday vowed to roll back FDIC powers to seize and unwind a failing megabank.

The FDIC's Quarterly Banking Profile was mostly good news for banks, showing higher profits and lower noncurrent loans, but loan growth remains a worry. Following are insights into bank earnings.

Bank earnings leaped to $44 billion in the first quarter, a 12.7% increase from a year earlier, but loan growth marked its first quarterly slowdown since 2013.

The acting Comptroller of the Currency named longtime OCC official Michael Sullivan as deputy comptroller for economics.

Banamex USA will pay $97.4 million to the Justice Department over widespread anti-money-laundering abuses.

Jim Donovan, nominated in March, was one of many Goldman Sachs alums to join the administration.

Bradley Linskens, the former top examiner of Wells Fargo at the Office of the Comptroller of the Currency, sued the agency Tuesday over records requests he had made related to his removal earlier this year.

The Commodity Futures Trading Commission has launched an office dedicated to exploring fintech issues, the agency’s head announced Wednesday.

The bank is pitching digital identity products to businesses as a way to improve user experience and guard against fraud.

New York’s banking regulator on Friday filed its own individual lawsuit against the OCC's fintech charter, asking the courts to block it.

President Trump on Thursday signed an executive order to reinforce the country’s cybersecurity defenses, a move that financial institutions view as a positive step toward creating a more resilient financial system.