U.S. banking regulator engaging in 'heightened monitoring' of national banks - spokesperson

A leading U.S. bank regulator is engaging in "heightened monitoring" of national banks and coordinating with other regulators amid broader turmoil in the banking sector, according to a spokesperson.

The U.S. Office of the Comptroller of the Currency, which supervises national banks, is "committed to ensuring that national banks remain safe and sound," the spokesperson said in a statement.

"In times like these, the OCC engages in heightened monitoring and coordinates with other regulatory agencies in the U.S. and globally to ensure that the federal banking system remains a trusted source of strength to consumers, businesses and communities," the spokesperson said.

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