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News Release 2024-79 | July 17, 2024

Acting Comptroller Discusses Trends Reshaping Banking

WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today discussed three key long-term trends that are reshaping banking in remarks at the Exchequer Club.

Mr. Hsu’s written remarks in support of his appearance discussed the increasing number and size of large banks, the complexity of bank-nonbank relationships, and the rise in polarization. The Acting Comptroller described how the OCC is uniquely positioned to address each trend.

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