Tag: federal regulators

Capital and Risk, Operational

Federal Regulators Adopt New Computer-Security Incident Notification Requirements for Banks and Service Providers

December 2, 2021

Via: JD Supra

In response to increasingly frequent and sophisticated cybersecurity attacks on banks and bank service providers, the federal prudential banking regulators—the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal […]

Activity, Corporate Banking

Wells Fargo Pays $575MM to Settle Claims Over Retail Practices

January 2, 2019

Via: ABF Journal

Wells Fargo agreed to pay $575 million to settle civil claims with all 50 state Attorneys General and the District of Columbia over its previous problematic retail sales practices, auto collateral protection insurance and guaranteed asset/auto protection and mortgage interest […]