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Office of the Comptroller of the Currency

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Top Office of the Comptroller of the Currency Articles

Displaying items 37-45
  • MetLife Gets Fed Extension With Bank Deal Pending

    The Federal Reserve has again extended the deadline for MetLife Inc. to resubmit capital plans while the insurer works to complete a sale of its bank deposit-taking operations to a unit of General Electric. In a filing with securities regulators on...
  • GE, MetLife Tweak Terms Of Deal For $7 Billion In Bank Deposits

    MetLife Inc. and General Electric Co. have tweaked the terms of a deal in which the U.S. life insurer is selling $7 billion in bank deposits to the conglomerate, a move MetLife said would change the regulator in charge of approving the deal. The Office...
  • HSBC linked to drug lords and terrorists, Senate report alleges

    HSBC linked to drug lords and terrorists, Senate report alleges
    HSBC Holdings, accused in a Senate report this week of exposing the U.S. financial system to illegal funds from Saudi Arabian terrorists, Mexican drug cartels and rogue regimes in North Korea and Cuba, will send a lineup of executives Tuesday to face a...
  • Home foreclosures jumped in third quarter, federal report says

     
    Home foreclosures: New home foreclosures jumped in the third quarter of the year, according to a report from the Office of the Comptroller of the Currency....
  • Banks agree to pay up for mortgage fouls

     
    Pennsylvania homeowners will get nearly $200 million in assistance as part of a $25 billion mortgage foreclosure settlement agreement that state and federal officials reached with big banks. State Attorney General Linda Kelly said Thursday the bulk of...
  • Capital One to refund $150 million to customers

     
    Last week it was Wells Fargo that was in trouble with the feds. Today, it's Capital One. Two federal agencies announced that 2.5 million customers will share about $150 million in refunds because the bank deceptively sold credit card services......
  • The latest on principal reduction

     
    For struggling homeowners who are holding out hope that their banks may ultimately reduce the principal they owe on their homes, there may be a glimmer of hope. While I have never advocated for large-scale, blanket principal reductions for underwater...
  • States' foreclosure talks falling apart

    States' foreclosure talks falling apart
    A potential settlement agreement between state attorneys general, federal agencies and the nation's five largest banks over foreclosure-related offenses is falling apart. Already two large and influential states — first New York and now...
  • Fast cars, loose cash figure in firm's demise

    Fast cars, loose cash figure in firm's demise
    John Visconti says he was thinking only of his son's future when he bought him a $220,000 Aston Martin sports car for his birthday -- no matter that the little guy was 3 years old. "I had saved money for three years to pay for that as an investment for...