Some Large Regional Banks Face Lighter Touch in OCC Shake-Up (1)

A key federal banking regulator set new supervision tiers that could ease oversight for some of the country’s largest regional lenders.

The Office of the Comptroller of the Currency, which oversees all national banks, announced Thursday it will reorganize its bank supervision framework with higher thresholds for subjecting the biggest lenders to the toughest exams.

“Over time, I expect these three bank supervision groups to generally align with our tailored regulatory framework,” Comptroller of the Currency Jonathan Gould said in a statement.

Under the new framework, the OCC will establish three “lines of business” effective Oct. 1.

National banks with ...