Financial regulations

The SEC is investigating the bank for selling clients mutual funds that charge marketing fees when other, cheaper funds were available. SunTrust expects an enforcement action.

Attendees at an American Bankers Association conference believe a massive overhaul of banking regulations is unlikely.

Instead of focusing on wanting deregulation, the industry should be driving home the credit union difference as the reason why CUs are worthy of special treatment.

China's role in the in bitcoin market has increased in recent years as its citizens are among the virtual currency's leading traders and miners.

No CUs with assets of more than $250 million were subject to civil monetary penalties for filing late Call Reports.

Lamar Cox is accused of understating losses tied to the sale of foreclosed properties in 2009.

Jessica Rich, who joined the agency in 1991, is stepping down in mid-February, the FTC announced Tuesday.

On the heels of his own promotion to acting chairman, McWatters designated his senior policy advisor and former state regulator Sarah Vega to serve as NCUA chief of staff.

The initiative would add payments to the country's national identity system, but the government wants more time to review Mastercard's proposal.

Chinese's largest online payments company to get a footprint in the U.S.; Believers in blockchain bemoan the lack of global cooperation.

The Trump administration late Friday called on all executive departments and agencies to freeze regulations to allow agency heads selected by the president to review pending rules.

Representatives from CUs in the U.S., Ireland, Brazil and Canada were on-hand to discuss a potential carve-out for FIs and other cooperatives.

The Justice Department claims the bank, which has received “satisfactory” ratings in its last four CRA exams, is failing to serve minority neighborhoods around Minneapolis.

The PSD2 rules go into effect in 2018, providing a new opportunity for financial technology companies to compete with banks. But there's also an opportunity for banks.

Top Democrats vowed Tuesday to defend the Consumer Financial Protection Bureau, predicting Director Richard Cordray will file a lawsuit if he were fired by Donald Trump after he is sworn in as president.

The regulator is also evaluating relocating one regional office and scaling back from five regional offices to as few as three.

The OCC's limited-purpose fintech charter will separate the healthiest fintech companies from the unhealthy ones — leading fintech one step closer to disrupting the incumbents.

American Express has prevailed in its latest round of legal sparring with the Justice Department.

China isn't living up to promises to open its card market, a shortcoming the incoming Trump administration should remember when forging trade policies.

As regulators open the door to payment startups and other fintech firms applying for bank charters, what has already been a long journey to this point is only going to get more intense.