From Comptroller of the Currency Eugene A. Ludwig's vantage point, new products and services are helping commercial banks make up ground lost to competitors.

"Banks are only really just catching up," Mr. Ludwig said in an interview. "What really gets under my skin is the notion that letting banks become more competitive is a win/lose proposition."

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.