Joe Adler

Industry groups have urged the bank regulators to implement more wholesale changes in the second review mandated by a 1996 law, saying the outcome of the first review was disappointing.

U.S. regulators are continuing to send a clear message about global financial services standards forged with other countries: they're not strong enough.

The draft released by the top Financial Services Committee Democrat would remove adverse information from credit reports and require consumer data furnishers to retain records.

The federal bank regulators proposed more consideration for small-dollar lending and non-branch services as part of a second round of targeted Community Reinvestment Act reforms.

In signing off on the new "liquidity coverage ratio," Federal Reserve Board officials provided a strong signal that the regulatory work on liquidity standards is just getting started.

WASHINGTON — The Financial Stability Oversight Council moved a step closer Thursday to identifying MetLife as the fourth nonbank firm viewed by regulators as a systemic threat.

MetLife, which has 30 days to request a hearing to contest its designation, said it "strongly disagrees" with the decision of the Financial Stability Oversight Council.

On a day when the banking agencies finalized the new liquidity measure for large institutions, they also issued rules dealing with swaps margin requirements and how institutions calculate their overall leverage exposure.

WASHINGTON — Regulators were set Wednesday to consider a final liquidity rule for large banks that makes a number of concessions to the industry.

Summer has come and gone in the nation's capital with regulators gearing up for an array of autumn policy moves affecting the financial services sector.

Following a prolonged stretch of modest loan growth, the Federal Deposit Insurance Corp.'s Quarterly Banking Profile showed loan balances shooting to a level not seen since 2007.

The industry's profit in the second quarter rose more than 5% from a year earlier to $40.2 billion as institutions continued to reduce their loan-loss expenses and registered an uptick in loan growth, the Federal Deposit Insurance Corp. said Thursday.

WASHINGTON — Regulators next week plan to finalize a tough new liquidity measure as well as propose margin requirements for banks engaged in swaps activities.

Bank of America must pay a record amount for mortgage-related claims, but the accord still leaves questions about tax liability and other banks in the government's crosshairs.

The Financial Services Roundtable is accusing the Consumer Financial Protection Bureau of potentially spreading misinformation through the bureau's consumer complaint database.

WASHINGTON — Regulators provided more instruction Friday to smaller firms required under the Dodd-Frank Act to simulate their own failures.

The coming year expects to be hectic for banks' regulatory teams as a bottleneck of new rules come due, including everything from the proprietary trading ban to Basel III to a new mortgage disclosure framework.

The Financial Crimes Enforcement Network has proposed forcing banks to identify those standing behind legal entity accounts, but also made a slew of accommodations meant to make the rule more palatable.

Regulators' blunt criticism of resolution plans of the 11 most complex banks still leaves pivotal questions about how the process moves forward, including what banks must do to avoid serious consequences.

The Federal Deposit Insurance Corp. and Federal Reserve Board offered blunt criticism of "living wills" filed by the most complex banks, and warned that failure to improve their 2015 plans could have consequences.