Watermark
Go to Asia edition

New York judge halts OCC’s fintech charter program

A New York federal court decision issued last Thursday has put the brakes on the fintech charter program in development by the Office of the Comptroller of the Currency (OCC). The proposal was meant to allow marketplace lenders to operate under a uniform, nation-wide regulation, and without paying the cost of deposit services.

  • By Jennifer Kang
  • 10 May 2019
For fintech lenders, the standstill further delays any breakthroughs around standardization of regulation. For banks, which directly compete with fintech lenders, the decision means fintechs won’t be gaining what was viewed as an “unfair and unearned competitive advantage” over traditional financial services firms, according to a note ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial
Log in

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
View full table
1 Citi 4,347 16 16.63
2 BNP Paribas 2,866 11 10.96
3 Morgan Stanley 2,420 6 9.26
4 Goldman Sachs 2,276 6 8.71
5 Bank of America Merrill Lynch (BAML) 2,086 9 7.98

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
View full table
For detailed analysis: Dealogic
  • Last updated
  • Today
1 Citi 58,403.50 191 10.75%
2 JPMorgan 50,900.93 151 9.37%
3 Bank of America Merrill Lynch 41,109.55 134 7.57%
4 Wells Fargo Securities 40,627.46 119 7.48%
5 Credit Suisse 38,293.05 120 7.05%