Maria Vullo

Bank of Tokyo charter switch was 'regulatory arbitrage,' Vullo says

The bank sought to evade the consequences of compliance failures including weak scrutiny of transactions that could be tied to North Korea, the N.Y. banking superintendent said in demanding access to communications between the bank and its new supervisor, the OCC.

Charter conversions May 29

Charter conversions May 29
N.Y. bank regulator warns of reputational risk from working with NRA

The New York State Department of Financial Services is encouraging banks to review ties with the firearms industry.

Risk management Neil Haggerty April 19

Risk management Neil Haggerty April 19
N.Y. to Bank of Tokyo-Mitsubishi: Your regulator swap’s illegal

The state's banking regulator, Maria Vullo, said in a legal filing that the Tokyo lender's request last year to shift regulators — trading its state license for a federal one — was granted arbitrarily and unlawfully.

Financial regulations February 1

Financial regulations February 1
Court throws out New York regulator's suit against OCC fintech charter

A district court judge said the state’s suit against Office of the Comptroller of the Currency is premature because the agency has not finalized its fintech charter nor has any firm applied for it.

Fintech regulations John Heltman December 12, 2017

Fintech regulations John Heltman December 12, 2017
BankThink ‘Fearless Girl’ is more than just public art: Maria Vullo

Maria Vullo
Superintendent New York State Department of Financial Services

The Fearless Girl sculpture represents much to many. For Maria Vullo, superintendent of the New York State Department of Financial Services, it is a reminder of herself as a girl finding her voice and as an adult using her voice to fight for what she believes is right.

Regulatory guidance September 26, 2017

Regulatory guidance September 26, 2017
'Vandalism is never minor in banking': Comments of the week

Readers question acting comptroller Noreika, weigh in on SoFi’s charter application, defend Trump’s exit from the Paris Accord, and more.

Stress tests July 21, 2017

Stress tests July 21, 2017
‘New York doesn’t allow that’: Maria Vullo stares down fintechs, OCC

While some policymakers are open to accommodating fintech companies with looser oversight compared with banks, the New York State superintendent is unapologetic about her tough approach.

State regulators Lalita Clozel July 14, 2017

State regulators Lalita Clozel July 14, 2017
New York regulator files independent lawsuit against OCC fintech charter

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

Fintech regulations Lalita Clozel May 12, 2017

Fintech regulations Lalita Clozel May 12, 2017
New York joins common state licensing platform for fintechs

The announcement is the latest in a series of steps states are taking to make their licensing system more attractive to fintech companies.

Fintech regulations Lalita Clozel May 11, 2017

Fintech regulations Lalita Clozel May 11, 2017
Women in Banking How Wells’ CMO is repairing the bank’s reputation; Maria Vullo talks tough

Tanaya Macheel
Reporter

Wells Fargo’s chief marketing officer Jamie Moldafsky shared how social media is helping the bank recover from its account-opening crisis; Maria Vullo explains her tough stance on bank crime, despite maintaining a lower profile than her predecessor.

Gender issues May 4, 2017

Gender issues May 4, 2017

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