Office of the Comptroller of the Currency Related Content

OCC Approves WSFS’ Merger with Bryn Mawr Bank Corporation

The Office of the Comptroller of the Currency approved WSFS Financial’s previously announced merger with Bryn Mawr Bank Corporation. read more

Federal Reserve, OCC Approve Merger of Huntington and TCF

The Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency approved the proposed merger of Huntington Bancshares and TCF and of Huntington National Bank and TCF National Bank. read more

Federal Reserve, OCC Approve PNC’s Acquisition of BBVA

The Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency provided regulatory approval of PNC’s previously announced acquisition of BBVA USA Bancshares, including its U.S. banking subsidiary, BBVA USA. read more

OCC Selects Stearns Bank’s Skalicky for Minority Depository Institutions Advisory Committee

The Office of the Comptroller of the Currency selected Kelly Skalicky, CEO and president of Stearns Bank, along with six additional new committee members, to serve on its Minority Depository Institutions Advisory Committee. read more

Fed, FDIC & OCC Delay CECL Adoption for Two Years

The federal bank regulatory agencies announced an optional extension of the regulatory capital transition for the new credit loss accounting standard. read more

Regulators Offer Guidance for Troubled Debt Restructurings

The Fed, FDIC, NCUA, OCC, CFPB and state banking regulators issued an interagency statement for financial institutions working with borrowers affected by the coronavirus. FASB concurs with the approach. read more

OCC Approves CIT Acquisition of Mutual of Omaha Bank

The Office of the Comptroller of the Currency has provided regulatory approval for the merger of Mutual of Omaha Bank into CIT Group's banking subsidiary, CIT Bank. read more

Reuters: OCC Will Reivew Wells Fargo CEO Pick

Reuters reported that the Office of the Comptroller of the Currency told Congress that it will will review the next pick for Wells Fargo’s chief executive. read more

OCC Wants Banks to Increase Small-Dollar Lending

The Office of the Comptroller of the Currency is now urging U.S. banks to provide more “short-term, small-dollar loans,” Reuters reported. read more

Syndicated Loan Risk Remains High Reports Program Review

According to the recently released Shared National Credit Program Review, regulators said risk in the portfolio of large syndicated bank loans declined slightly buy remains elevated. read more

Regulators Scrutinizing Impact of Falling Energy Prices

Reuters reported regulators are scrutinizing the impact of falling energy prices on bank loans in a move that could make it more difficult for lenders to extend extra credit to troubled oil and gas companies. read more

Banks Step Up Oil Company Credit Reviews

U.S. banks reportedly are stepping up the frequency of credit reviews for oil producers, as regulators flag an emerging risk from the precipitous decline in the commodity’s price over the past year. read more

C&I Growth, Eased Underwriting OCC ‘Concerns’

Accelerating loan growth accompanied by eased underwriting is a leading concern for U.S. banks according to the Office of the Comptroller of the Currency's semiannual Risk Perspective Report. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com