The NCUA accuses DB of failing to meet trustee obligations when it sold bad securities to failed corporates.
Wednesday's webinar sponsored by Pew Charitable Trusts featured bank and credit union representatives.
Speaking at an Operation Choke Point forum, the congressman said growth pressures force credit unions to act like banks.
The NCUA received $1.073B of the $1.4B JPMorgan settlement. Lawyers got the rest.
All the news stories, exclusive video interviews and photos from CUNA's 2014 Governmental Affairs Conference.
In an exclusive interview, watchdog Congressman Darrell Issa (R-Calif.) confirms net settlement number revealed last week by an unnamed NCUA source.
NCUA officials still won't reveal the net amount received from the JPMorgan settlement. But their excuse sounds credible.
NCUA officials still won't reveal the net amount received from the JPMorgan settlement. At least their excuse sounds credible.
Revealing the settlement's net gain could jeopardize ongoing negotiations with deep-pocketed Wall Street firms, NCUA's general counsel says.
Interim position made permanent for agency's overseer of supervision, enforcement and fair lending.