Compliance

What Midterms May Mean for Banking

Republican Patrick McHenry is expected to lead the House Financial Services Committee as chair

Fair lending compliance is a critical risk area for banks today, with scrutiny from government regulators only intensifying

Bank to sell 10 sites across three states with the aim of appeasing regulators

A topic that has generated questions from a number of financial institutions

Overdraft fees, nonsufficient funds (NSF) fees, and similar fees are under increased regulatory scrutiny

The main consumer watchdog focused on eliminating what they would call “junk fees” from banks

The litigation related to four former staff that departed in the wake of a 2015 acquisition

The individuals fraudulently claimed more than $356,000 in emergency assistance loans designed for small businesses

Changing credit market conditions are part of the OCC’s focus for the coming year

More guidance is expected on how large banks should plan for bankruptcy