NCLA Amicus Brief Asks Fifth Circuit to Overturn Currency Comptroller’s Violation of Jury Trial Rights
Denying Ortega and Rogers a jury trial deprived them of their rights under the Seventh Amendment. OCC’s in-house adjudication of its allegations against them also violates the Article III ...
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Full list of US banks closed in weeks as 1,000 set to shut by end of 2024
Florida and Ohio followed with a half-dozen closures each. Data with the Office of the Comptroller of the Currency (OCC) has ...
Meet These 7 Potential Leaders of Financial Agencies Under Trump
A Robinhood attorney and Republican regulators are people being considered for top jobs with the SEC, Comptroller of the ...
Opinion
American Banker15dOpinion
The next president needs to overhaul bank regulation for the modern era
The next administration should bring in new, tech-savvy leaders at bank regulatory agencies and give them the ability to rethink oversight in a way that reflects the technological innovations ...
JD Supra6d
OCC Issues Guidance Reminding Banks of Risks Associated with Refinancing Commercial Loans
On October 3, 2024, the Office of the Comptroller of the Currency (“OCC”) issued OCC Bulletin 2024-29, which provides ...
AOL18d
A second bank has failed in 2024. Here’s why it’s important to bank at a federally-insured bank
On Friday, Oct. 18, the First National Bank of Lindsay in south central Oklahoma, was reported closed by the Department of Treasury’s Office of Comptroller of the Currency over “false and ...
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First National Bank Of Lindsay Closes, FDIC Takes Over Deposits
Friday, The First National Bank of Lindsay was closed by the Office of the Comptroller of the Currency (OCC), with the Federal Deposit Insurance Corporation (FDIC) appointed as receiver.
American Banker25d
Oklahoma bank fails amid claims of 'false and deceptive bank records'
WASHINGTON — The First National Bank of Lindsay in Lindsay, Okla., was shuttered by the Office of the Comptroller of the Currency and taken over by the Federal Deposit Insurance Corp. on Friday. First ...
JD Supra28d
TD Bank to Pay Historic $3 Billion Over AML Compliance Violations
and the Office of the Comptroller of the Currency (OCC) each assessed a separate fine. 1 In the DOJ criminal matter, TD Bank pled guilty to one count of conspiracy for failure to maintain an ...
Warren Presses DOJ on Accountability of TD Executives, Charges
Democratic Senator Elizabeth Warren asked the Department of Justice to explain why it didn’t charge high-ranking executives at Toronto-Dominion Bank over the lender’s failure to prevent money ...
CUInsight8d
WorkFusion appoints David Caruso as Vice President of Financial Crime Compliance
WorkFusion, a pioneer in AI agents for financial crime compliance, today announced the appointment of David Caruso as Vice ...
The Bakersfield Californian1d
NCLA Amicus Brief Asks Fifth Circuit to Overturn Currency Comptroller’s Violation of Jury Trial ...
Office of the Comptroller of the Currency (OCC). NCLA asks the Fifth Circuit to overturn an OCC decision punishing former Texas bank officers Saul Ortega and David Rogers, Jr. without a jury trial, ...