Topic
OCC
4 articles
AML Compliance
AML compliance failures cost American Express $350 million
The OCC fined American Express National Bank $350 million over BSA and AML failures tied to about $13 billion of suspected laundering; the Fed issued an order.
Financial Literacy
Financial literacy strategy 2026 sets four priorities, OCC says
The 2026 update to the U.S. National Strategy for Financial Literacy sets four priorities: youth capability, saving and investing, digital literacy and scams.
OCC
Bank trading revenue Q2 2026: OCC reports $21.6 billion
OCC data show bank trading revenue of $21.6 billion in Q2 2026, with derivative notional amounts at $300.5 trillion and four large banks holding 80.2 percent.
Resolution Planning
Comptroller opposes American Express resolution plan feedback
Comptroller Jonathan Gould voted against joint FDIC and Fed resolution plan feedback for American Express and urged ending 165(d) plans below $250 billion.