Joe Adler

Final guidelines for dealing with failing institutions from the international Basel Committee include direct capital injections — something the Dodd-Frank Act tried to end in the U.S. — as a last-ditch option.

The Department of Justice's Office of Professional Responsibility said it found no support for allegations that federal lawyers wrongly pursued legal online payday lenders and forced banks to cut ties with legitimate businesses.

While hiring a chief risk officer is a given at the big banks, smaller institutions must weigh several factors and options in determining the risk leadership model that works for them.

Twelve of the largest financial firms provided more information than they did last year in the public versions of their plans for breaking themselves up in a financial catastrophe, but whether they have done enough to reassure regulators won't be known for months.

Cyber threats or fraud may present bigger direct risks to banks, but many chief risk officers spend enormous amounts of time on the more tangible concern of keeping up with ever-growing regulatory expectations and requirements.

A role many people did not understand less than a decade ago has become integral to how banks navigate a new set of postcrisis hazards.

When the Supreme Court agreed to hear a Texas "disparate impact" case last year, many financial institutions hoped it would end the use of the divisive legal theory used by regulators and other authorities. But the court's Thursday decision, by contrast, appears to strengthen the government's hand.

Despite some silver lining, analysts say the Supreme Court decision upholding "disparate impact" in fair-lending disputes will only embolden activists and regulators to bring more cases.

In a huge win for housing advocates and a setback for the banking industry, the Supreme Court on Thursday upheld the use of "disparate impact" in a Texas case alleging housing-related discrimination.

The Dodd-Frank Act called on regulators to develop ways to assess diversity practices in the financial sector, but the guidelines are getting panned by critics who say they do not go far enough.

Several weighty issues remain on the agenda for policymakers over the next few months, including everything from living wills to regulatory relief to a long-lost compensation rule.

The Consumer Financial Protection Bureau is increasingly brandishing a post-crisis tool allowing it to label activities "abusive," but whether financial services firms are closer to understanding the term is still up for debate.

The Consumer Financial Protection Bureau's use of relatively new authority to punish actors for actions considered "abusive" is picking up steam, though the exact meaning of the term is not always easy to grasp.

Crucial operational steps remain before the government could clean up the collapse of a massive firm without threats to the broader financial system.

Senate Banking Committee Chairman Richard Shelby announced Friday he was pushing back a planned vote on regulatory relief until May 21. The move came just after panel Democrats said they would oppose the bill because they had not yet seen it.

WASHINGTON — All 10 Democrats on the Senate Banking Committee sent a joint letter Friday that said they plan to oppose a regulatory relief bill scheduled for a panel vote next week since Republicans have not yet provided legislative language to all members.

WASHINGTON — All 10 Democrats on the Senate Banking Committee sent a joint letter Friday that said they plan to oppose a regulatory relief bill scheduled for a panel vote next week since Republicans have not yet provided legislative language to all members.

Former Federal Deposit Insurance Corp. Chairman Sheila Bair has been named president of Washington College, a small liberal arts school in Chestertown, Md.

Large foreign firms are facing key decisions about the size of their footprint here as they approach a Federal Reserve Board requirement to form a separate holding company to house their U.S. subsidiaries.

As horrifying cyberattack scenarios grow more plausible, an American Bankers Association simulation of a hypothetical breach at a $10 billion-asset bank is designed to guide institutions through a set of crisis response steps.