State news and trends

Banks Scrapping Regulators For Friendlier OCC Oversight

September 17, 2019
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Banks Scrapping Regulators For Friendlier OCC Oversight

September 17, 2019
An increased number of banks are swapping their own regulators for oversight by the Office of the Comptroller of the Currency (OCC), The Wall Street Journal reported on Tuesday (Sept. 17). U.S. financial institutions can choose either state or federal oversight, although it is more common for banks to switch from federal supervision to more-accessible […]