trending Market Intelligence /marketintelligence/en/news-insights/trending/rmXQFk6bGPu9M6c67QkOBg2 content esgSubNav
In This List

Federal banking regulator names first COO

Blog

Spotlight on sustainability: How banks can overcome the challenges of achieving net-zero emissions by 2050

Blog

Insight Weekly: US election scenarios; borrowing costs rise; commercial REIT fears

Podcast

Street Talk | Episode 100 - KBW CEO offers optimism for bears fearful of bank liquidity, credit

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall


Federal banking regulator names first COO

The Office of the Comptroller of the Currency named Morris Morgan to serve as senior deputy comptroller and chief operating officer, its first in the agency.

Comptroller of the Currency Joseph Otting created the position as part of changes to the agency's executive reporting structure to better coordinate and integrate the agency's bank supervision activities.

In the new role, the OCC bank supervision, bank supervision policy, economics, compliance and community affairs, and innovation units will report directly to Morgan. The agency's legal, management, risk management, and other agency functions will continue to report to Otting.

Morgan has worked as senior deputy comptroller for large bank supervision since December 2016 at the agency, overseeing the nation's largest banks.

Morgan's new position is effective immediately.