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Highlights

A collection of news and information related to Office of the Comptroller of the Currency published by this site and its partners.

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    Jan 9, 2013 |Story| South Bend Tribune
  1. Old National Bank acquiring 24 branches in Indiana, Michigan

    <span style="font-size: small;">An Evansville-based bank is making moves to significantly increase the</span><span style="font-size: small;"> size of its footprint in Michiana.</span>
    South Bend Tribune
    An Evansville-based bank is making moves to significantly increase the size of its footprint in Michiana. Old National Bank executives announced Wednesday that the company is buying 24 branches from Bank of America in South Bend, Elkhart and southern...

    Tags: Companies and Corporations, Economy, Business and Finance, Bank of America Corp., Niles, Banking

  2. May 17, 2013 |Story| Reuters
  3. Fed tells Bank of Montreal to fight money laundering harder

    Reuters
    NEW YORK (Reuters) - The U.S. Federal Reserve Board said it has told Bank of Montreal to step up efforts to detect and prevent money laundering at the Canadian bank's Chicago branch. The warning puts Bank of Montreal in a growing category of financial...

    Tags: Bank of Montreal, September 11, 2001 Attacks, Central Bank, Manufacturing and Engineering, FBI

  4. May 14, 2013 |Story| Reuters
  5. US senator: Show me the economic analysis on settlements vs trials

    Reuters
    By Sarah N. Lynch WASHINGTON, May 14 (Reuters) - A U.S. senator who has criticized Wall Street is asking federal regulators and law enforcement officials whether they have the economic analysis to back up their routine practice of letting big banks...

    Tags: Trials, U.S. Department of Justice, Crime, Law and Justice, U.S. Senate Committee on Banking, Housing, and Urban Affairs, Bank of America Corp.

  6. May 14, 2013 |Story| Reuters
  7. Senator Warren wants bank settlements to be justified

    Reuters
    WASHINGTON (Reuters) - An outspoken freshman senator with a record of taking on Wall Street wants financial regulators and federal prosecutors to provide an economic justification for allowing big banks to settle investigations without admitting any...

    Tags: Trials, Crime, Law and Justice, U.S. Senate Committee on Banking, Housing, and Urban Affairs, Bank of America Corp., Justice System

  8. May 14, 2013 |Story| Los Angeles Times
  9. Sen. Warren goads Fed, SEC, DOJ to explain no-fault bank deals

    Sen. Elizabeth Warren, having chastised bank regulators for failing to put Wall Street giants on trial, is demanding to see any analyses that the U.S. Department of Justice, the Federal Reserve and the Securities and Exchange Commission have conducted...

    Tags: Ben Bernanke, Trials, Prisons, U.S. Department of Justice, Eric Holder

  10. May 10, 2013 |Story| Herald Mail
  11. Allan Powell: The feminine touch in finance

    One can but admire a woman brave enough to pick a professional career in which she will be surrounded and greeted with patronizing glances from self-assured males. This was the call made by Sheila Bair, who was appointed Chairman of the FDIC (Federal...

    Tags: George W. Bush, Investments, Federal Deposit Insurance Corporation, Sheila Bair, Economy, Business and Finance

  12. May 8, 2013 |Story| Reuters
  13. Fed says some were underpaid in foreclosure settlement

    Reuters
    WASHINGTON (Reuters) - A multi-bank settlement with regulators over past foreclosure abuses ran into new problems when some borrowers received smaller checks than they should have, the Federal Reserve said on Wednesday. Some 4.2 million people are...

    Tags: Goldman Sachs Group, Inc., The New York Times, Citigroup Incorporated, Morgan Stanley Dean Witter & Company, Wells Fargo & Co.

  14. Apr 30, 2013 | Allentown Morning Call
  15. Citizens Bank customers could be entitled to refunds

    Watchdog with Paul Muschick
    Federal banking authorities announced Tuesday that Citizens Bank and one of its affiliates, RBS Citizens, have settled investigations into their overdraft protection programs and checking reward programs. About 340,000 customers will get a total of...
  16. May 6, 2013 |Story| Reuters
  17. RPT-Investors may lobby JPMorgan to clip Dimon's wings if vote fails

    Reuters
    By Nadia Damouni and David Henry May 5 (Reuters) - JPMorgan Chase & Co's Jamie Dimon may be losing ground in his fight to keep the title of chairman, as some major investors push for more oversight of the chief executive after the "London whale"...

    Tags: Companies and Corporations, Employees, Corporate Officers, Career and Workplace, AFSCME

  18. May 3, 2013 |Story| Reuters
  19. JPMorgan CEO Dimon to meet with OCC examiners -WSJ

    Reuters
    NEW YORK, May 3 (Reuters) - JPMorgan Chase & Co CEO Jamie Dimon is scheduled to meet next week with bank examiners from the Office of the Comptroller of the Currency in a meeting the bank requested, the Wall Street Journal reported on Friday. According...

    Tags: The Wall Street Journal, The New York Times, Bernard Madoff, JPMorgan Chase & Co., Jamie Dimon

  20. May 3, 2013 |Story| Reuters
  21. Fed's Tarullo wants big banks to hold more capital

    Reuters
    WASHINGTON (Reuters) - Banks' limits on how much they can borrow should be tighter than what is called for under a global pact, a top Federal Reserve official said, as calls to cut the size of the largest banks continue. Fed Governor Daniel Tarullo...

    Tags: Economy, Business and Finance, David Vitter, Federal Reserve, Finance, Sherrod Brown

  22. Apr 30, 2013 |Story| Reuters
  23. U.S. regulators punish RBS Citizens for overdraft issues

    Reuters
    WASHINGTON, April 30 (Reuters) - U.S. bank regulators said on Tuesday they ordered RBS Citizens to pay a $5 million penalty to resolve issues with its overdraft and rebate programs. The Office of the Comptroller of the Currency said it also ordered RBS...
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