News & Analysis as of

Administrative Appointments Office of the Comptroller of the Currency

Robins Kaplan LLP

Your Daily Dose of Financial News

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Zuck and Co. are launching a major platform redesign as Facebook attempts to move beyond years of privacy-related scandals and promote group-based communications rather than the public-square newsfeed....more

Robins Kaplan LLP

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The FBI and OCC have each launched inquiries into pricing practices within American Express’s forex unit with an aim to determine “whether the foreign-exchange international payments department misrepresented pricing to...more

A&O Shearman

Bao Nguyen and Ted Dowd Named Deputy Chief Counsels of the US Office of the Comptroller of the Currency

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The U.S. Office of the Comptroller of the Currency announced that it had selected Bao Nguyen and Ted Dowd to serve as Deputy Chief Counsels in the OCC’s Office of the Chief Counsel...more

Robins Kaplan LLP

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NYSE owner Intercontinental Exchange is looking to do the as-yet inconceivable: bring some order to cryptocurrencies. The plan, announced yesterday, is to launch a data feed that pull info from cryptocurrency exchanges around...more

A&O Shearman

Norman Williams Appointed as Deputy Comptroller for Economic and Policy Analysis

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The US Office of the Comptroller of the Currency announced that Norman Williams has been appointed Deputy Comptroller for Economic and Policy Analysis. Mr. Williams, who joined the OCC in 2006, will succeed Gary Whalen who...more

A&O Shearman

Joseph M. Otting Takes Office as the 31st Comptroller of the Currency

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Joseph Otting was sworn in by Secretary of the US Department of the Treasury Steve Mnuchin as the 31st Comptroller of the Currency...more

Ballard Spahr LLP

Otting confirmed as Comptroller of the Currency

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By a vote of 54-43, Joseph Otting has been confirmed by the Senate as Comptroller of the Currency. Mr. Otting is a former president and CEO of California-based OneWest Bank, where he worked with Steven Mnuchin, who now serves...more

Ballard Spahr LLP

President Trump expected to nominate Joseph Otting to head OCC

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The American Bankers Association and numerous media sources, including Politico and American Banker, have reported that the White House has announced that President Trump will nominate Joseph Otting to serve as Comptroller of...more

Ballard Spahr LLP

Trump Administration appointee to serve as OCC Acting Comptroller

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The Treasury Department has issued a press release announcing that Treasury Secretary Mnuchin plans to appoint Keith A. Noreika as a Deputy Comptroller and designate him the First Deputy Comptroller of the OCC.  Effective May...more

Robins Kaplan LLP

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Investors’ decreasing appetite for actively managed mutual funds appears to have helped drive the major shake-up at AllianceBernstein Holding, which said so long to CEO Peter Kraus and removed nine board members in favor of 6...more

Robins Kaplan LLP

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As anticipated (and hinted-at forcefully by its officials), the Fed raised the benchmark interest rate yesterday to a range nearing 1 percent, a move that signals the slow end to the body’s nine-year stimulus effort....more

A&O Shearman

US Office of the Comptroller of the Currency Appoints New Senior Deputy Comptroller for Large Bank Supervision

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The OCC appointed Morris Morgan as the OCC’s Senior Deputy Comptroller for Large Bank Supervision...more

A&O Shearman

US Office of the Comptroller of the Currency Names Charles M. Steele Deputy Chief Counsel

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The OCC announced the appointment of Charles M. Steele as the agency’s Deputy Chief Counsel. Mr. Steele will supervise the Administrative and Internal Law, Community and Consumer Law, Enforcement and Compliance and Litigation...more

Ballard Spahr LLP

Trump transition team names former SEC commissioner to CFPB landing team

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According to Politico, the Trump transition team has created “landing teams” that will be tasked with going into federal agencies to prepare for the change in Administrations. Politico has reported that Paul Atkins, who...more

Cadwalader, Wickersham & Taft LLP

The Trump Administration: Change By Appointment

The election of Donald J. Trump as the 45th President of the United States, along with the Republican control of the majority of both the House of Representatives and the Senate, will likely result in significant changes in...more

Orrick - Finance 20/20

OCC Names First Ever Chief Risk Officer

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On August 6, the OCC named Linda Cunningham as its first Chief Risk Officer. Ms. Cunningham will lead the agency’s newly created Office of Enterprise Risk management and will report directly to the Comptroller of the...more

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