23feb21 – Regulatory Report

What's up

[ November 24, 2025 ] Banks see rising ROA, net income in third quarter – but also expanding delinquencies among several portfolios FDIC
[ November 24, 2025 ] CFPB consumer advisory panel to hold first 2025 meeting Dec. 10, small dollar products on tap CFPB
[ November 24, 2025 ] Dana Wade named FDIC deputy to the chairman and chief of staff FDIC
[ November 24, 2025 ] Citing ‘low level of money laundering,’ agency eases up on requirements for community banks OCC
[ November 21, 2025 ] Former Wells banker wins reprieve from order resulting from sales practice misconduct case OCC

Cattle-trading scam that acted as Ponzi scheme earns pair six year prison terms

February 21, 2023 0

A cattle-trading system that is described as a Ponzi scheme and that resulted in millions of dollars in losses to victims of the scam has resulted in six-year prison terms for the individuals who ran […]

Comptroller updates booklet on change in bank control

February 21, 2023 0

The “Change in Bank Control” booklet of the Comptroller’s Licensing Manual has been updated from the version last issued in 2017, the Office of the Comptroller of the Currency (OCC) said Thursday. The revised booklet […]

Former CEO of First NBC Bank convicted of fraud leading to bank failure

February 21, 2023 0

Ashton J. Ryan Jr., the former top executive of the now-defunct First NBC Bank (New Orleans) was found guilty last week of fraud that contributed to the failure of the nearly $5-billion-in-assets bank in 2017, […]

CFPB consumer advisory panel to hold first 2025 meeting Dec. 10, small dollar products on tap

November 24, 2025 0

The federal consumer financial protection agency’s Consumer Advisory Board (CAB) is slated to hold its first open meeting of the year Dec. 10, according to a notice in Monday’s Federal Register. That meeting will include, among other things, discussion of [...]
Dana Wade named FDIC deputy to the chairman and chief of staff

November 24, 2025 0

The board of the federal bank deposit insurance agency has approved Dana T. Wade to be deputy to the chairman and chief of staff, the agency said in a release Monday. Wade will serve as advisor to Federal Deposit Insurance [...]
Citing ‘low level of money laundering,’ agency eases up on requirements for community banks

November 24, 2025 0

So-called national “community banks” received some easing of anti-money laundering (AML) requirements under a bulletin issued Monday by their federal regulator. Separately, the Office of the Comptroller of the Currency (OCC) also issued a request for information (RFI) which it [...]
Former Wells banker wins reprieve from order resulting from sales practice misconduct case

November 21, 2025 0

A former Wells Fargo Bank executive has won a reprieve from a national bank regulator order earlier this year that would barred her from further financial institution service and assessed a multi-million dollar fine, the agency said Thursday. Claudia Russ [...]
FDIC Board to take up leverage ratio, loss-absorbing capacity rules Tuesday; BIF ratio, official sign rule delay also slated

November 21, 2025 0

Proposed revisions to the community bank leverage ratio and a final rule on the same for the largest banks – in addition to loss-absorbing capacity – are slated for action Tuesday by the Federal Deposit Insurance Corp. (FDIC) Board. The [...]
More time made available to comment on stress test model, transparency, accountability

November 21, 2025 0

Need more time to comment on the stress test model and scenario transparency and accountability improvement proposal by the Federal Reserve? You’ve got it: until Feb. 21, a whole additional month. The Fed announced the comment extension Friday. It said [...]