Joe Adler

Miami-based Ocean Bank faces a nearly $11 million fine to settle charges it turned a blind eye to drug traffickers allegedly using the bank to launder money.

The FDIC's return to black has led to calls for banks to get back some of the prepayments they made into the agency's Deposit Insurance Fund.

Efforts to crack regulators' code are varied but may be close to the mark.

WASHINGTON — As the stock prices of the big banks cratered on Monday, particularly for Bank of America Corp., pundits and industry observers began worrying that a second financial crisis was in the offing, including the possibility of the failure of a large financial institution.

WASHINGTON - Two failures Friday evening cost the Federal Deposit Insurance Corp. an estimated $160 million.

GAO says agency should document how it estimates impact of loss-share deals.

Even while his nomination stalls, executives from his home state push are lobbying for his confirmation.

Agency unveils new pilot program for smaller investors wanting to bid on loans.

An aggressive push by the Justice Department to investigate fair lending claims is prompting a backlash from bankers who claim the government is abusing its authority.

The Office of the Comptroller of the Currency definitely got the better end of its merger with the Office of Thrift Supervision. But among the downsides: The OCC is now on the legal hook for closing a thrift it never regulated.

WASHINGTON — Two failed banks in Florida went to one acquirer Friday, and regulators also shut a $1 billion-asset bank in Colorado, as the year's failure total reached 58.

WASHINGTON — As regulators continue to implement the Dodd-Frank Act one year after its passage, a key backer of financial reforms in the Senate warned "the battle is not over."

WASHINGTON — The Treasury Department announced a new round of investments Wednesday as part of a program to encourage community banks to make small business loans.

Richard Cordray, the enforcement chief at the Consumer Financial Protection Bureau, will be named to lead the new regulator, the Obama administration said Sunday.

There is not an official scorebook to rank the financial regulatory agencies for their progress implementing the Dodd-Frank Act. But they do keep score on the softball field.

The first three failures of the quarter — two in Colorado, one in Illinois — late Friday cost the Deposit Insurance Fund an estimated $590 million and brought the year's toll to 51.

The first three failures of the quarter — two in Colorado, one in Chicago — late Friday cost the Deposit Insurance Fund an estimated $590 million and brought the year's toll to 51.

Bair will join the Pew Charitable Trusts as a senior advisor starting Sept. 7. Meanwhile, Martin Gruenberg, the FDIC's vice chairman under Bair, was set to assume the position of acting chairman at the close of business Friday.

Bair will join the Pew Charitable Trusts as a senior advisor starting Sept. 7. Meanwhile, Martin Gruenberg, the FDIC's vice chairman under Bair, was set to assume the position of acting chairman at the close of business Friday.

WASHINGTON — Nearly three years to the day of seizing IndyMac Bank, the Federal Deposit Insurance Corp. launched formal action against its former chief executive, saying he "negligently" allowed the thrift to keep making risky loans despite signs of market stress.