Joe Adler

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.

Google will provide deposit insurance backing for funds stored with its wallet service, positioning the technology giant along with stored-value providers that use the FDIC's "pass-through" coverage. Here's why that matters.

Merchants are making a new argument in their years-long battle with banks over swipe fees, saying Apple Pay has locked them out of additional routing options mandated by Dodd-Frank.

Merchants are making a new argument in their years-long battle with banks over swipe fees, saying Apple Pay has locked them out of additional routing options mandated by Dodd-Frank.

Merchants are making a new argument in their years-long battle with banks over swipe fees, saying Apple Pay has locked them out of additional routing options mandated by Dodd-Frank.

After releasing successive studies on the payday industry over the past two years, the Consumer Financial Protection Bureau is finally set to unveil Thursday sweeping proposals that could fundamentally change the business of short-term loans and other products.