The OCC will seek to ease the regulatory and supervisory burden on banks so their management can focus on their institutions’ business challenges, Comptroller Jonathan Gould said.
National Bank Holdings in Denver has agreed to buy Vista Bancshares in Dallas.
Industrial production increased 0.1% in August from the previous month, the Federal Reserve reported. The August figure was up 0.9% from a year prior.
Builder confidence in the market for single-family homes in held steady September at 32, according to the NAHB/Wells Fargo Housing Market Index.
Business inventories in July came in at $2.67 trillion, up 0.2% from the month prior and up 1.5% from a year ago, the Commerce Department said.
Retail and food service sales for August were $732 billion, up 0.6% from the previous month, the Commerce Department said in its advance estimate.
