Tagged: keith noreika

April 12, 2018 @ 1:04 pm By JD Alois  |  

The Independent Community Bankers of America (ICBA) “stormed” Washington, DC this past week as community bankers from across the country urged much needed regulatory reform. The ICBA pronounced the “excessive and unnecessary regulation is stifling their ability to meet the needs of local communities.” As part… Read More

November 10, 2017 @ 3:27 pm By JD Alois  |  

Acting Comptroller of the Currency Keith Noreika delivered a speech this week that has the traditional banking industry up in arms.  Noreika made the heretical statement that competition is good for the banking industry inciting the wrath of the Independent Community Bankers of America (ICBA),… Read More

November 8, 2017 @ 9:34 am By JD Alois  |  

  Acting Comptroller of the Currency Keith Noreika delivered a speech today discussing the US banking industry. In the speech, Noreika makes an important point: US banks need more competition, not less. He also intimates that mixing commerce and banking can deliver benefits to consumers…. Read More

October 19, 2017 @ 5:35 pm By JD Alois  |  

At Georgetown University today, Acting Comptroller of the Currency Keith Noreika reaffirmed his belief that Fintech s should have the option to apply for a national bank charter or Fintech Charter as it is frequently called. While there was little new in the presentation delivered… Read More

October 15, 2017 @ 5:01 pm By JD Alois  |  

Keith Noreika, acting Comptroller of the Currency, published an Op-Ed in the Hill on Friday that hammered the Consumer Financial Protection Bureau’s (CFPB) decision to push forward an updated rule on arbitration clauses for financial service firms. At the time the ruling was announced, CFPB… Read More

October 5, 2017 @ 2:26 pm By JD Alois  |  

Acting Comptroller of the Currency, Keith Noreika, delivered a speech to midsize bank risk officers today that struck a positive note. The head of the OCC said there was much room for optimism as the regulatory pendulum has shifted away from the monolithic belief that… Read More

September 25, 2017 @ 12:11 pm By JD Alois  |  

Speaking at the Online Lending Policy Summit in Washington, DC, Acting Comptroller of the Currency Keith Noreika discussed the online lending industry and his perspective on responsible innovation. Noreika told the conference participants; “I see the growth of online lending and marketplace lenders as the… Read More

August 18, 2017 @ 9:49 am By JD Alois  |  

Earlier this month the Office of Comptroller of the Currency (OCC) fired off a counter salvo in the legal battle regarding the OCC Fintech Charter. The Conference of State Bank Supervisors (CSBS) launched an attack against the OCC this past spring. Many Fintech industry participants… Read More

July 31, 2017 @ 1:59 pm By JD Alois  |  

Acting Comptroller of the Currency Keith Noreika is out with a statement on the controversial Consumer Financial Protection Bureau’s (CFPB) rule on arbitration agreements.  The CFPB announced a final position on Arbitration clauses with certain financial service firms and consumers. The rule has been criticized as… Read More

July 19, 2017 @ 2:44 pm By JD Alois  |  

The Acting Comptroller of the Office of the Comptroller of the Currency, Keith Noreika, answered a pressing question today in a speech delivered at the Exchequer Club in Washington, DC. Noreika asked the question of himself that everyone in finance had been wondering; “What are… Read More

May 3, 2017 @ 11:37 am By JD Alois  |  

The Comptroller of the Currency, Thomas J. Curry, will step down on May 5, 2017, according to a release by the Office of the Comptroller of the Currency. Curry will be replaced by Keith A. Noreika who will serve as Acting Comptroller of the Currency until… Read More