Joe Adler

Although Senate leaders have confirmed they will allow a floor vote soon on delaying interchange fee restrictions, the timing, outcome and vehicle for suspending the proposed cap are still anyone's guesses.

For most of the past decade the Federal Deposit Insurance Corp. had combined safety and soundness oversight in the same division with consumer compliance. But in the wake of the crisis and the creation of the Consumer Financial Protection Bureau to draft rules for all banks, the agency split the functions into two distinct arms, launching the new Division of Depositor and Consumer Protection.

WASHINGTON — With federal and state officials still in talks with the top five mortgage servicers over lapses in the foreclosure process, lawmakers from both political parties introduced a bill Thursday that would establish national servicing standards.

The Mortgage Bankers Association is advocating a cautious approach to standard-setting while trying in a new survey to debunk what it says are misconceptions about servicing.

The Federal Deposit Insurance Corp. board unveiled new capital and margin requirements for retail futures and options in the foreign exchange market falling below a certain threshold.

"It has been a privilege and honor to serve as the head of this great agency during one of the most tumultuous times in the history of our nation's financial system," Bair wrote in a resignation letter to President Obama.

Former N.Y. State Banking head will chair global regulatory practice at a major accounting firm; OCC taps agency veteran for its senior deputy comptroller post; and more.

WASHINGTON — Premier American Bank in Miami picked up another failed institution Friday, assuming the operations of Coastal Bank in Cocoa Beach, Fla.

WASHINGTON — Premier American Bank in Miami picked up another failed institution Friday, assuming the operations of Coastal Bank in Cocoa Beach, Fla.

The National Credit Union Administration reiterated concerns about how a debit interchange proposal by the Federal Reserve Board could hurt small credit unions.

Marty Gruenberg, the No. 2 at the Federal Deposit Insurance Corp. is expected to be nominated shortly as the agency's chairman, according to several sources.

Making a rare foray into the commercial mortgage-backed securitization market, the Federal Deposit Insurance Corp. has packaged and sold off a pool of securities backed by nearly $400 million in loans from failed banks.

A new insurance product may signal the market's belief that federal banking regulators' new powers to seize a large nonbank financial company will one day be used.

A new insurance product may signal the market's belief that federal banking regulators' new powers to seize a large nonbank financial company will one day be used.

The Federal Deposit Insurance Corp. engaged in an activity usually reserved for Civil War buffs, painting an alternate history detailing how it might have handled the collapse of Lehman Brothers if its new powers had been in place.

Sheila Bair's high ranking on a Forbes list takes a dip; acting OCC comptroller likens rules related to the Dodd-Frank Act to multiple prescribed medications; and more.

WASHINGTON — Bankers are divided over a Federal Deposit Insurance Corp. plan to train bank employees on insurance limits and require tellers to question depositors about their accounts.

Bankers are divided over a Federal Deposit Insurance Corp. plan to train bank employees on insurance limits and require tellers to question depositors about their accounts.

The lawsuit, brought by the firm McKenna Long & Aldridge LLP, was one of multiple involving whether bank officers and directors can remove records from failing institutions to help their lawyers build a defense against potential FDIC claims.

WASHINGTON — Under pressure from Congress, federal regulators issued proposals Tuesday that would exempt corporate end users of derivatives from new margin requirements but force them to maintain sufficient capital in case of future losses.