On the call with us today are Neil Wilkin, President and Chief Executive Officer of OCC, and Tracy Smith, Senior Vice President and Chief Financial Officer. Before we begin, I'd like to remind ...
Charlie Scharf, Wells Fargo’s CEO, stated, “We are pleased that the OCC has again validated our work and terminated this consent order in just three and a half years. This timeframe is much ...
The OCC will no longer assess reputational risk in bank exams, aligning with President Trump's push to curb debanking, which ...
The OCC has handed legacy players a tool to redefine their relevance, potentially reshaping how we bank, invest, and trust in a digital age. If banks nail the landing—merging crypto’s speed wi ...
On March 20, the OCC announced that it will no longer treat reputation risk as a standalone category in its supervision of national banks and ...
Wells Fargo said that a 2021 OCC consent order over its loss mitigation posture has been terminated, calling the move a validation.
WFC's 2021 consent order related to loss mitigation practices is terminated by OCC. This marks the 11th consent order closed by regulators since 2019.