Browsing: Newsbytes


An investigative story in today’s issue of Willamette Week, a newspaper in Portland, Oregon, critically examined whether Oregon’s credit unions are serving individuals of modest means.


Commercial banks reported total trading revenue of $22.7 billion in 2014, 3 percent higher than in 2013, according to the OCC’s Quarterly Report on Bank Trading and Derivatives Activities released today.


Some 93.2 percent of mortgages were current and performing at the end of 2014, up slightly from 93 percent in the third quarter and up from 91.8 percent a year before, according to the Mortgage Metrics Report released on Friday by the OCC.


The banking regulators today issued warnings to financial institutions about two “increasing” cyber threats: destructive malware and cyber attacks that compromise customers’ online credentials. The statements from the Federal Financial Institutions Examination Council do not contain any new regulatory expectations, the council said.

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