OCC

A law signed last week by Democratic Gov. Gavin Newsom caps interest rates on installment loans. But three large lenders are looking to avoid its restrictions by partnering with banks.

The Office of the Comptroller of the Currency found deficiencies related to the bank's holding period for "other real estate owned."

The Conference of State Bank Supervisors has proposed creating model payments legislation that states could adopt to improve the state-by-state licensing process.

The financial industry should take notes from regulators that have diverse leadership.

The reforms will result in significant changes to the proprietary trading ban first proposed by former Federal Reserve Chairman Paul Volcker and mandated in the Dodd-Frank Act.

Regulators should consider online lending and a list of what loans qualify for CRA credit in any revamp of the outdated law.

Readers react to a regulator's promise to reduce regulation that hinders innovation, Sen. Elizabeth Warren's plan to impose heavier taxes on lobbying groups, Freddie Mac's exploration into AI and more.

The central bank will consider rules to create a tiered structure for supervising banks with over $100 billion of assets and to ease resolution plan requirements.

The new regulation will allow more flexibility for board directors and senior managers to serve at multiple institutions.

Banks need to understand that examiners' job is to call it like they see it.