Joe Adler

The Federal Deposit Insurance Corp. said implementation of rules for assessing banks' security portfolios without using external credit ratings will likely demand a "learning curve."

The Securities and Exchange Commission's long-awaited proposal to reform the money market mutual fund industry has left observers wondering whether the agency compromised too much in an effort to get a plan out the door.

A Federal Deposit Insurance Corp. rule defines what constitutes a "financial" company that could be wound down by the new resolution facility for behemoths.

A proposal that banks break down their deposit fee income by overdraft charges and other revenue sources in quarterly call reports has sparked a debate over whether the reporting process should aid the development of consumer policy.

WASHINGTON — Wisconsin suffered its first bank failure in over two years late Friday as regulators closed a small institution in Kenosha and sold off most of its operations.

First California Bank in Westlake Village, Calif., and an affiliated prepaid card provider must pay fines of over $1.7 million for how they used a reloadable card product to deliver federal benefits payments, the FDIC said Friday.

Benjamin K. Olson, who was deputy assistant director in the CFPB's office of regulations, has joined the Washington office of BuckleySandler LLP as counsel, the law firm said this week.

While banks hit a landmark with their $40.3 billion in earnings, it appeared partly due to idiosyncratic transactions at big banks and was not a sign of a resurgent industry.

The banking industry earned a record $40.3 billion in the first quarter as rising noninterest income and the continued drop in loss provisions made up for declines in interest-related income, the Federal Deposit Insurance Corp. said Wednesday.

A super PAC supporting Sen. David Vitter, R-La., is sponsoring a $5,000-per-person weekend with the lawmaker that includes an alligator hunt.

Two members of the House Financial Services Committee have been given new subcommittee assignments, the panel announced Wednesday.

WASHINGTON — The Conference of State Bank Supervisors named Charles A. Vice, the commissioner of the Kentucky Department of Financial Institutions, as the group’s chairman this week.

Henry Holt & Co. announced a deal with Elizabeth Warren for her account of founding the CFPB, her Massachusetts Senate race and advocacy for the middle class.

Scores of foreign banks with very small U.S. operations still find themselves drafting "living wills" to provide U.S. regulators with a road map to their hypothetical failures, leading to calls for a lighter requirement.

Washington Post blog tries giving clarity around who used the analogy in a point about Japanese monetary policy. It was likely not Federal Reserve Board Chairman Ben Bernanke.

In a speech Wednesday, Federal Deposit Insurance Corp. Chairman Martin Gruenberg moved closer to the views of other top officials who have already backed a higher ratio, and provided an update on global coordination of resolution plans.

A new report from the Bipartisan Policy Center backs the Federal Deposit Insurance Corp.'s "single-point-of-entry" strategy, but says congressional changes to the bankruptcy code could also do the trick.

The National Community Reinvestment Coalition and other consumer groups say the bank regulators did not go far enough in proposing changes to Community Reinvestment Act examinations.

California accused JPMorgan of illegal tactics to sue thousands of credit card borrowers behind on their debts, including "robo-signing."

A new paper commissioned by the American Enterprise Institute, a conservative think tank, highlights risks community banks face from the Dodd-Frank Act.