Lalita Clozel

Federal regulators said Tuesday they would allow dozens of foreign banks and two U.S. bank holding companies to file their resolution plans by Dec. 31, 2018.

After repeated attacks from acting Comptroller of the Currency Keith Noreika, the Federal Deposit Insurance Corp. defended its role in greenlighting prospective bank applicants.

The OCC's move to solicit feedback on rolling back the Volcker Rule was only the first step in a long process, yet observers say it shows how fractured the five agencies tasked with implementing the proprietary trading ban have become.

The online lending platform Kabbage announced Thursday it has raised $250 million from the Japanese telecom giant SoftBank, marking its largest equity fundraising round to date.

In their biannual Shared National Credits Program report, regulators said that banks' exposure to leveraged loans and the oil and gas sector remained a source of concern.

The Office of the Comptroller of the Currency on Wednesday announced a request for public feedback on the Volcker Rule.

The Fed’s quarterly Senior Loan Officer Opinion Survey found that demand decreased for both commercial and industrial and commercial real estate loans.

A week after acting Comptroller of the Currency Keith Noreika announced his support for the fintech charter, his agency argued in a court filing that its fate was too uncertain to be challenged in court.

Varo Money, an app designed for people who want to exclusively bank on their cell phones, announced Tuesday that it has filed formal applications for a national bank charter, adding another credit union competitor to the banking landscape.

Varo Money, an app designed for people who want to bank exclusively on their cellphones, announced Tuesday that it has filed formal applications for a national bank charter.