Law and regulation

The Consumer Financial Protection Bureau will use the data to make recommendations to Congress, which could include changes to the private student loan market.

The former chief executive of a failed Florida community bank has been sentenced to six years in prison for lying to regulators about the bank's condition.

A federal court panel said Bank of America Corp. (BAC) can't consolidate multiple lawsuits involving losses suffered from the collapse of Taylor Bean & Whitaker Mortgage Corp. and Colonial Bank in a multibillion-dollar fraud.

BuckleySandler LLP has hired both a top federal prosecutor and a former regulator to beef up its securities fraud expertise.

In congressional testimony, the JPMorgan Chase chief executive seeks to strike a balance between contrition and assurances that the situation is under control.

We offer a primer on what topics are liable to be covered, who is likely to hit Jamie Dimon the hardest and what to look out for when the JPMorgan Chase CEO testifies Wednesday at the Senate Banking Committee hearing.

The Atlanta retailer, one of the banking industry's fiercest opponents in the battles over interchange regulations, says its customers have benefited from lower prices after regulators capped debit card swipe fees.

It's too easy to blame the agency. With a job as complex as the FAA's, but less than a tenth of the staff, the OCC for practical and philosophical reasons relies on banks to manage and monitor risk.

The FDIC voted to release proposed rules implementing Basel III for comment, but officials suggested the capital accord may not go far enough.

Federal Reserve Board Gov. Daniel Tarullo stepped forward with several key reforms that could be taken to reduce risk in the shadow banking system.

WASHINGTON — ING Bank has agreed to pay $619 million to settle charges that it violated U.S. sanctions — the largest such settlement in history, the Treasury Department said Tuesday.

Not only is JPMorgan Chase a top campaign contributor to Senate Banking Committee senior leadership, the company's lobbying team also includes several ex-staffers with ties to lawmakers.

Bankers fear enforcement action amid allegations that dealer rates vary by race.

The Basel III capital requirements must be applied consistently across borders. It'll do a lot more to deter reckless risk-taking than micromanaging banks through measures like the Volcker Rule.

A group of U.S. bankers has told top Federal Reserve officials that regulators' focus on restraining bankers' pay is creating "unnecessary tension."

The Basel Committee on Banking Supervision said it discovered deficiencies among the 27 member countries in how they were adopting Basel III.

The Treasury has commenced another auction of Tarp holdings. At least banks are planning to use the auction as an opportunity to retire preferred shares that will carry a 9% interest rate in late 2003.

The ATM industry is hopeful of getting relief from one source of its legal troubles as momentum builds to eliminate a law requiring operators to disclose ATM fees on the machines' exteriors via stickers or other signs.

In the years during and after the financial crisis, American families' net worth decreased to levels not seen since 1992. Regulators cited home equity declines as the primary reason behind the drop.

Two California men are facing conspiracy and money laundering charges for allegedly scamming dozens of consumers of their credit consolidation payments.