Banking Exchange11d
Updates to OCC UDAAP Overdraft Disclosure Requirements
On December 3, 2024, the Office of the Comptroller of the Currency (OCC) published an updated UDAAP section of its ...
bankingdive1d
Wells Fargo ex-exec appeals $1.5M fine, OCC enforcement order
Paul McLinko served as the bank’s executive audit director during its 2016 fake-accounts scandal. He called the penalty “arbitrary, capricious, an abuse of discretion, and otherwise not in accordance ...