Like a vaudeville performer who must say good-bye to a longtime partner, John Downey says he will miss Jonathan Fiechter when the latter leaves the Office of Thrift Supervision next month.

The two men have worked together more than 15 years, starting with their days at the Office of the Comptroller of the Currency. They both switched to the thrift agency in the late 1980s when crisis hit the industry, and Mr. Fiechter became its acting director.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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