Shared National Credit Review Finds Risk Remains Elevated in Leveraged Loans

Federal bank regulatory agencies find that the share and amount of loan commitments with the lowest supervisory ratings rose slightly between 2018 and 2019, according to the Shared National Credit (SNC) Program Review. Total commitments with low rating…

Federal bank regulatory agencies find that the share and amount of loan commitments with the lowest supervisory ratings rose slightly between 2018 and 2019, according to the Shared National Credit (SNC) Program Review. Total commitments with low ratings remain elevated compared to lows reached during prior periods of strong economic performance.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-ia-2020-15.html?utm_source=RSS_feed&utm_medium=RSS

Shared National Credit Review Finds Risk Remains Elevated in Leveraged Loans

Federal bank regulatory agencies find that the share and amount of loan commitments with the lowest supervisory ratings rose slightly between 2018 and 2019, according to the Shared National Credit (SNC) Program Review. Total commitments with low rating…

Federal bank regulatory agencies find that the share and amount of loan commitments with the lowest supervisory ratings rose slightly between 2018 and 2019, according to the Shared National Credit (SNC) Program Review. Total commitments with low ratings remain elevated compared to lows reached during prior periods of strong economic performance.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-ia-2020-15.html

Comptroller of the Currency Helps Kick Off 2020 Summer Intern Process

Comptroller of the Currency Joseph M. Otting today joined District of Columbia Mayor Muriel Bowser and the heads of other federal agencies to kick off the 2020 Mayor Marion S. Barry Summer Youth Employment Program (MBSYEP) in the District.

Comptroller of the Currency Joseph M. Otting today joined District of Columbia Mayor Muriel Bowser and the heads of other federal agencies to kick off the 2020 Mayor Marion S. Barry Summer Youth Employment Program (MBSYEP) in the District.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-14.html?utm_source=RSS_feed&utm_medium=RSS

Comptroller of the Currency Helps Kick Off 2020 Summer Intern Process

Comptroller of the Currency Joseph M. Otting today joined District of Columbia Mayor Muriel Bowser and the heads of other federal agencies to kick off the 2020 Mayor Marion S. Barry Summer Youth Employment Program (MBSYEP) in the District.

Comptroller of the Currency Joseph M. Otting today joined District of Columbia Mayor Muriel Bowser and the heads of other federal agencies to kick off the 2020 Mayor Marion S. Barry Summer Youth Employment Program (MBSYEP) in the District.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-14.html

Dr. Christina Handley Named OCC Chief Information Officer

The Office of the Comptroller of the Currency (OCC) today announced the selection of Dr. Christina Handley to be the agency’s Chief Information Officer (CIO), effective March 1, 2020.

The Office of the Comptroller of the Currency (OCC) today announced the selection of Dr. Christina Handley to be the agency's Chief Information Officer (CIO), effective March 1, 2020.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-13.html?utm_source=RSS_feed&utm_medium=RSS

Dr. Christina Handley Named OCC Chief Information Officer

The Office of the Comptroller of the Currency (OCC) today announced the selection of Dr. Christina Handley to be the agency’s Chief Information Officer (CIO), effective March 1, 2020.

The Office of the Comptroller of the Currency (OCC) today announced the selection of Dr. Christina Handley to be the agency's Chief Information Officer (CIO), effective March 1, 2020.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-13.html

OCC Promotes Earned Income Tax Credit Awareness Day

In an effort to make more eligible working families aware of the benefits of the Earned Income Tax Credit (EITC), the Office of the Comptroller of the Currency is promoting the 14th annual EITC Awareness Day on January 31.

In an effort to make more eligible working families aware of the benefits of the Earned Income Tax Credit (EITC), the Office of the Comptroller of the Currency is promoting the 14th annual EITC Awareness Day on January 31.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-12.html?utm_source=RSS_feed&utm_medium=RSS

OCC Promotes Earned Income Tax Credit Awareness Day

In an effort to make more eligible working families aware of the benefits of the Earned Income Tax Credit (EITC), the Office of the Comptroller of the Currency is promoting the 14th annual EITC Awareness Day on January 31.

In an effort to make more eligible working families aware of the benefits of the Earned Income Tax Credit (EITC), the Office of the Comptroller of the Currency is promoting the 14th annual EITC Awareness Day on January 31.

Read more / Original news source: https://www.occ.gov/news-issuances/news-releases/2020/nr-occ-2020-12.html

Michelle W. Bowman sworn in for second term as member of the Board of Governors of the Federal Reserve System

Michelle W. Bowman sworn in for second term as member of the Board of Governors of the Federal Reserve System

Michelle W. Bowman sworn in for second term as member of the Board of Governors of the Federal Reserve System

Read more / Original news source: https://www.federalreserve.gov/newsevents/pressreleases/other20200130a.htm