by Ken Chase | Oct 5, 2022 | Banks, Market
By: Ken Chase. Estimated reading time: 2 minutes The U.S. Securities and Exchange Commission confirmed this week that it has levied a $35 million penalty against Morgan Stanley Smith Barney related to the firm’s failure to protect its customers’ personal identifying...
by Ken Chase | Oct 5, 2022 | Banks, Market
By: Ken Chase. The Federal Reserve confirmed Thursday that it has recruited six of the largest U.S. banks as participants in its planned climate scenario analysis exercise. In a press release announcing the exercise, the Fed said that the pilot exercise will be...
by Ken Chase | Oct 5, 2022 | Banks, Market
By: Ken Chase. Estimated reading time: 2 minutes The U.S. Office of the Comptroller of the Currency (OCC) announced this week that it has terminated a 2020 consent order related to a 2019 that data breach. In its announcement, the OCC confirmed that it believes that...
by Ken Chase | Sep 19, 2022 | Banks, Market
By: Ken Chase. Estimated reading time: 2 minutes Two of the largest U.S. banks have formally ended their Covid-19 vaccine requirements for employees in the last week, in a nod to the most recent pandemic guidelines from the U.S. Centers for Disease Control and...
by Ken Chase | Sep 19, 2022 | Banks, Market
By: Ken Chase. Estimated reading time: 2 minutes The Office of the Comptroller of the Currency recently confirmed that the OCC will be cutting assessment rates for all banks next year in a move that is expected to “level the playing field” for the nation’s community...
