RegStream

JOINT PRESS RELEASE | JANUARY 14, 2025 California Department of Financial Protection and InnovationFederal Deposit Insurance CorporationFederal Reserve BoardNational Credit Union AdministrationOffice of the Comptroller of the Currency Federal and State Financial Regulatory Agencies Issue Interag...

The California Department of Financial Protection and Innovation, the Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration, and the Office of the Comptroller of the Currency, collectively the agencies, recognize the serious impact of the California wildfires and straight-line winds on the customers and operations of many financial institutions and will provide appropriate r...

The California Department of Financial Protection and Innovation, the Federal Deposit Insurance Corporation, the Federal Reserve Board, the National Credit Union Administration, and the Office of the Comptroller of the Currency, collectively the agencies, recognize the serious impact of the California wildfires and straight-line winds on the customers and operations of many financial institutions and will provide appropriate regulatory assistance to affected institutions subject to thei...

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced enforcement actions against three former senior executives of Wells Fargo Bank, N. A. , Sioux Falls, South Dakota (bank). These actions were taken in response to the former executives’ unsafe or unsound banking practices related to the bank’s systemic and widespread sales practices misconduct. The enforcement actions are described in two written decisions issued by Acting Comptroller of the Currency M...

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The euro area outlook and monetary policy HKIMR-ECB-BOFIT Joint Conference “Europe, Asia and the Changing Global Economy” Hong Kong 14 January 2025 0 Philip R. Lane Member of the Executive Board www. ecb. europa. eu © Inflation Rubric Headline and core inflation (Q4-on-Q4 percentage changes) Sources: Eurostat and ECB calculations. Note: The latest observations for realised HICP and HICPX are for the fourth quarter 2024 (including December flash estimate). 1 www. ecb. ...

The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Shanghai Commercial Bank Limited relating to a fraudulent website and an internet banking login screen, which have been reported to the HKMA. A hyperlink to the press release is available on the HKMA website. The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. They ...