Joe Adler

A regulatory plan that changes how banks must account for holdings on their books is stirring anxiety in the financial services industry that it may force banks to make a premature decision about what they intend to do with an asset.

The American Bankers Association announced Feb. 12 that Jason Kratovil has been hired as vice president and deputy executive director for the ABA's Card Policy Council. His first day is Feb. 19.

A report by the Center for Responsive Politics' OpenSecrets blog highlights which lawmakers are often borrowers.

The new proposal by the Financial Accounting Standards Board would reduce the number of categories used to classify loans and securities.

As part of a report on "high risk" areas in government, the Government Accountability Office expanded the scope of its review of regulatory issues to include the Federal Housing Administration.

The Federal Housing Administration commissioner faced a barrage of questions from lawmakers on the agency's fiscal health and downplayed fears that it will need a Treasury bailout.

The Federal Deposit Insurance Corp. proposed steps Tuesday that could open the door to U.S. banks satisfying a United Kingdom mandate to treat foreign and domestic depositors more equitably.

The Federal Deposit Insurance Corp. on Tuesday proposed clarifying the insurance status of foreign deposits in a bid to quell international pressure about how overseas customers are treated in a bank failure.

FDIC Vice Chairman Thomas Hoenig says large bank reviews are missing key fundamentals and calls for "systematic reviews," similar to what examiners do for community banks.

The Consumer Financial Protection Bureau will require some mortgage servicers to develop general plans for avoiding complications arising from the transfer of servicing rights.

WASHINGTON — The Federal Deposit Insurance Corp. has made it a little easier for institutions to hire employees who previously had committed insignificant crimes, the agency said Friday.

The FDIC is expected to shortly unveil a clarification concerning deposits at overseas branches in an effort to resolve an ongoing issue between the U.S. and the U.K.

The Federal Deposit Insurance Corp.'s board of directors will consider a proposal next week to clarify the definition of deposits protected by the agency.

The ABA is raising concerns about a credit union's potential plans to change its field of membership from just Lutherans to serve all Christian denominations.

Promontory Interfinancial Network is adding Bank Assetpoint to its suite of products, a service designed to be a one-stop shop for bankers and real estate investors to exchange loans and REO.

President Obama's renomination of Richard Cordray, who has been running the Consumer Financial Protection Bureau under a controversial recess appointment, is garnering the same GOP concerns expressed when his name was first floated.

Some of the nation's biggest lenders said that savings from firing consultants doing foreclosure reviews would largely cancel out the cost of direct compensation to borrowers.

The industry trade association released the results from its simulation of an "orderly" Dodd-Frank wind-down, as well as a paper endorsing the FDIC's resolution approach.

Barney Frank is not the only person who thinks he would be a suitable temporary senator. His bid has now drawn the attention of a group that backed the Senate candidacy of Elizabeth Warren, architect of the Consumer Financial Protection Bureau.

The FDIC's point man on resolution planning says early submitters took the effort "seriously," but says process is still in early stages.