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The Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. have signed off on an abbreviation of the settlement cycle for securities to two days from three days.
September 1 -
The rule limiting the largest U.S. banks’ ability to enter into contracts with early termination clauses is intended to forestall a liquidity crunch if the bank is under stress.
September 1 -
The Fed's order noted that Sterling had clarified errors in its Community Reinvestment Act data before receiving a "satisfactory" rating from the OCC.
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Acting Comptroller of the Currency Keith Noreika is questioning the sincerity of recent steps by the FDIC to encourage de novo applications.
August 25 -
Many financial institutions have activated their emergency centers, closed branches and stocked ATMs in advance of landfall.
August 25 -
Acting Comptroller of the Currency Keith Noreika is using his short time in office to open a debate about the separation of banking and commerce, which he says is anti-competitive, stifles diversification and may limit regulators' options in times of crisis.
August 24 -
The Office of the Comptroller of the Currency issued a proposal Wednesday that would raise the appraisal threshold for CRE loans to $400,000 from $250,000.
August 23 -
The Office of the Comptroller of the Currency is seeking to scrap a challenge to its fintech charter by New York’s bank regulator.
August 23 -
In anticipation of future changes, bank regulators will allow all but the largest banks to avoid a planned phase-in of 2013 capital rules.
August 23 -
A handful of state regulators are discussing ways to create a single regulatory structure for fintech companies that are seeking regional or national business.
August 16