News Release 2019-130 | November 1, 2019 Share This Page: WASHINGTON – The Office of the Comptroller of the Currency (OCC) today appointed the Federal Deposit Insurance Corporation (FDIC) as receiver for City National Bank of New Jersey, Newark, New Jersey, a national bank (bank). The bank had branch offices in Newark and New York City. […]
Monthly Archives: November 2019
OCC Releases CRA Evaluations for 37 National Banks and Federal Savings Associations
News Release 2019-129 | November 1, 2019 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public during the period of October 1, 2019 through October 31, 2019. The list contains only national banks, federal savings associations, and insured federal […]
OCC Issues Final Rule to Change Applicability Thresholds for Regulatory Capital and Liquidity Requirements
News Release 2019-128 | November 1, 2019 Share This Page: WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced a final rule to tailor capital and liquidity requirements for certain banking organizations with more than $100 billion in total consolidated assets to more closely match their risk profiles. The final rule builds on the […]
Readout from a Treasury Spokesperson on Secretary Mnuchin’s Meeting with Indian Finance Minister Nirmala Sitharaman on November 1, 2019
New Delhi – U.S. Treasury Secretary Steven T. Mnuchin met with Indian Finance Minister Nirmala Sitharaman to continue the India – U.S. Economic and Financial Partnership, a dialogue meant to deepen the economic partnership between the two countries and advance work in a number of areas to support economic growth and security. Secretary Mnuchin and […]
FTC Sues Multi-Level Marketer Neora, formerly known as Nerium, Alleging it Operates as an Illegal Pyramid Scheme
The Federal Trade Commission sued the multi-level marketer Neora, LLC, formerly known as Nerium International, LLC, and its Chief Executive Officer, Jeffrey Olson, alleging that the company operates as an illegal pyramid scheme and falsely promises recruits they will achieve financial independence if they join the scheme. The lawsuit also alleges that defendants deceptively promote […]
Joint Statement on the India – U.S. Economic and Financial Partnership
Indian Finance Minister Nirmala Sitharaman and U.S. Secretary of the Treasury Steven Mnuchin met in New Delhi to continue the India – U.S. Economic and Financial Partnership, a dialogue meant to deepen the economic partnership between the two countries and advance work in a number of areas to support economic growth and security. Following the […]
Apple TV+, home of Apple Originals from the world’s greatest storytellers, is now available
Starting today, audiences in over 100 countries and regions can watch Apple TV+ on the Apple TV app, featuring new, exclusive original shows, movies and documentaries from today’s most imaginative storytellers. Customers can enjoy Apple TV+ on iPhone, iPad, Apple TV, iPod touch, Mac, select Samsung smart TVs, Roku and Amazon Fire TV devices, as […]