Ian McKendry

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.

Federal bank regulators increased the asset-size thresholds for the definition of a "small bank" and "intermediate small bank" for certain bank exams on Friday.

Benjamin Lawsky, New York's top regulator, sharply criticized banks on Thursday for their failure to speed up the payment system, threatening that the government may step in if they continue to lag behind.

A new report from the Office of the Comptroller of the Currency finds potential industry threats from interest rate volatility, looser underwriting and other areas.

The Federal Deposit Insurance Corp. approved a 3% budget reduction for 2015 on Tuesday as funding needs for handling troubled banks continue to diminish.

The Federal Deposit Insurance Corp.'s board of directors will meet Tuesday to consider approving the agency's 2015 operating budget as well as to discuss a proposal related to derivatives netting.

Amid huge regulatory pressure to strengthen anti-money-laundering controls, banks are grappling with a shortage of compliance talent.

WASHINGTON — Federal regulators on Tuesday released the latest guidebook for examiners to use in assessing banks' anti-money-laundering programs.

Federal regulators on Tuesday released the latest guidebook for examiners to use in assessing financial institutions' anti-money laundering programs.

Since the crisis, banks have relied on lower loan-loss provisions to make a profit. But banks actually made money in the third quarter. Here's how.

Banks and thrifts earned $38.7 billion in the third quarter, a 7.3% increase from a year earlier but slightly down from the $40.1 billion earned in the second quarter, the Federal Deposit Insurance Corp. said Tuesday.