Ian McKendry

Top executives from Bank of America, U.S. Bancorp, American Express, Visa, MasterCard, Microsoft and Apple are expected to participate as part of a White House summit on cybersecurity issues in California on Friday.

Top executives from Bank of America, U.S. Bancorp, American Express, MasterCard, Microsoft and Apple are expected to participate as part of a White House summit on cybersecurity issues in California on Friday.

The FDIC welcomed seven new members to a committee on Wednesday that will provide recommendations on policy and regulatory issues affecting community banks.

WASHINGTON — Federal bank regulators made a tool available on Wednesday to help banks calculate capital requirements for securitization exposures.

The creation of a new cybersecurity agency is the latest move by the Obama administration to combat the increasing threat of cyberattacks.

The creation of a new cybersecurity agency is the latest move by the Obama Administration to combat the increasing threat of cyber-attacks.

The Office of the Comptroller of the Currency is trying to send a clearer message to banks about potential red flags by removing low-level recommendations from its exam reports.

The New Jersey Assembly is weighing whether to pursue legislation that would make the state a haven for digital currency businesses.

The Federal Deposit Insurance Corp. issued a letter Wednesday emphasizing that financial institutions should take a measured approach to banking relationships rather than cutting ties with entire lines of businesses.

Banks partnering with prepaid card providers face the potential of higher deposit insurance fees and other ramifications from the Federal Deposit Insurance Corp. classifying accounts as "brokered."

The Consumer Financial Protection Bureau on Friday announced four appointments to the agency’s leadership team

WASHINGTON — The Federal Deposit Insurance Corp. said Thursday that Charles Yi has been appointed as the agency's general counsel.

Regulators want banks to police MSBs for illicit activity, but they do not view all such businesses as high-risk, said David Cohen, Treasury's top AML official.

Regulators want banks to police MSBs for illicit activity, but they do not view all such businesses as high-risk, said David Cohen, Treasury's top AML official.

A new push by President Obama to tighten cybersecurity at banks and other businesses could help light a fire under some firms that have historically been slower to react in the wake of a data breach and help financial institutions dealing with a tangle of confusing state laws.

The Federal Deposit Insurance Corp. is attempting to clarify its policy regarding brokered deposits after a persistent flood of inquiries from bank and others about what meets the definition.

WASHINGTON — The Federal Deposit Insurance Corp. on Tuesday named Michael Dean as the director of the agency's Atlanta region. He had been serving as acting director of the region since April.

The banking industry and federal regulators are struggling to find a middle ground between financial inclusion and preventing bad guys from gaining access to the mainstream financial system — but it doesn't appear a solution is coming anytime soon.

With Federal Deposit Insurance Corp. reserves erasing crisis-era losses, the agency is staring down a critical decision on how to implement a congressionally required increase in the insurance fund.

Regulators on Friday closed Northern Star Bank in Mankato, Minn., the 18th institution to fail this year.