Tag Archives: Banks

Comptroller of the Currency Thomas Curry offered the pros and cons of granting a national bank charter to FinTechs.

The Office of the Comptroller of the Currency wants to be able to better understand how financial innovation is affecting the banking system.

Enforcement activity against financial institutions dropped to a three-year low in the third quarter, and there are several possible explanations.

The banking industry is currently facing steady headwinds, but that did not stop U.S. Bancorp from a profitable third quarter.

The latest Home Mortgage Disclosure Act (HMDA) data found that nonbanks' share of the mortgage market is rising while banks' share is shrinking. What is the reason for the shift?

It has been a tumultuous week for Wells Fargo that included a leadership change at the top. It remains to be seen how these changes will affect Q4 profits, but as for Q3, the bank turned in a solid report.

Banks are experiencing an unintended consequence as a result of improved mortgage loan performance, according to Fitch Ratings.

The industry is preparing for the release of third quarter earnings statements for the country's largest banks this week.

Per Dodd-Frank, banks that cross the $10 billion asset threshold become subject to increased regulation and supervision. While it seems they have an incentive to stay below the $10 billion mark, there is no systematic evidence they are avoiding it, according to one analysis.

Federal regulators determined in April that the resolution plans of eight "systemically important" bank holding companies were not quite up to speed. But the companies are trying to fix things.