Joe Adler

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.

New York Attorney General Eric Schneiderman stands alone in announcing a lawsuit against Bank of America and Wells Fargo for violations of the $25 billion mortgage settlement. But that may soon change.

Sometimes the line between prudent bank security and excessive caution is a blurry one. The Onion offers some unique ways to protect your bank data, including beating your computer to bits with a pipe wrench.

The two U.S. bank subsidiaries of The Royal Bank of Scotland Group were hit with regulatory fines totaling nearly $14 million on Tuesday for what authorities called misleading marketing of their overdraft protection programs.

With a federal moratorium on commercial ownership of industrial loan companies coming to an end, the question of whether retailers and other nonfinancial firms should own banks has been turned on its head in the wake of the crisis and Dodd-Frank.

Sen. Sherrod Brown was flummoxed this week by a critic's description of herself as the "Judas goat" of Wall Street.