Lalita Clozel

For regulators to develop a unified framework for fintech companies to operate in, they first have to come to a consensus.

WASHINGTON — Bank trading revenue in the second quarter rose by more than 25% from a year earlier to $6.9 billion on rising combined interest rate and foreign exchange revenue, according a report issued by the Officer of the Comptroller of the Currency on Tuesday.

WASHINGTON – Parts of the revised resolution plans of the eight largest U.S. banks were released Tuesday, according to the Federal Reserve and Federal Deposit Insurance Corp.

WASHIINGTON -- The Federal Deposit Insurance Corp. on Friday published its annual summary of insured deposits U.S. banks and thrifts.

The Office of the Comptroller of the Currency has moved forward on a plan to require large banks to establish recovery plans – a type of self-administered stress test to be shared with the agency.

Comptroller of the Currency Thomas Curry provided new details Wednesday about guidance expected soon that will attempt to discourage banks from cutting off relationships with foreign financial institutions in certain parts of the world.

The Chamber of Digital Commerce has opened a new outpost in the nation's capital. But instead of looking for a staid law office, the bitcoin advocacy group formed a partnership with the local incubator 1776 to launch the DC Blockchain Center.

WASHINGTON -- The Chamber of Digital Commerce has opened a new outpost in the nation’s capital. But instead of looking for a staid law office, the bitcoin advocacy group formed a partnership with local incubator 1776 to launch the DC Blockchain Center.

As the U.S. prepares to face the results of an evaluation by the Financial Action Task Force for its anti-money-laundering and terrorist financing efforts, there are signs that it might receive a bad grade.

WASHINGTON — Federal regulators are not moving fast enough on fintech, prompting Rep. Patrick McHenry to introduce a bill designed to give them a push.