While most wealth managers say transparency in reporting is the name of the game, most are not doing a good job of it, according to a survey by SEI Global Wealth Services.

New life insurance premiums sold through banks in the third quarter hit $512 million, up from $225 million in the third quarter of 2008, the year the market collapsed, according to Kehrer-Limra.

Internal Revenue Service Commissioner Doug Shulman said the agency may reopen its voluntary disclosure program, offering a partial amnesty to tax evaders who have been hiding money in foreign bank accounts.

The mortgage giants Fannie Mae and Freddie Mac would have to draw as much as $78 billion in the event of a serious economic crisis, according to stress test results released Tuesday by the housing regulator.

The biggest impact may be to focus the administration’s efforts on selecting a nominee to succeed Director Mel Watt, whose term ends in January.

The state became the first in the country to ask federal regulators for a temporary waiver, citing a shortage of available appraisers.

This Apple/Epic battle is likely to encourage more companies to play the field, find the right payments solution for them, and avoid higher costs, says Credorax's Igal Rotem.

Without rollbacks of existing anti-money-laundering reporting requirements, a measure designed to make Bank Secrecy Act enforcement more risk-focused would do little to ease banks' regulatory burden.

As businesses accept automation, more innovation is flowing into the market, says Billtrust's Flint Lane.