Law and regulation

Mortgage lenders, debt collectors and credit card companies have borne the brunt of the Consumer Financial Protection Bureau's public enforcement actions over the past four years, yet banks have paid the most in penalties and restitution, according to a new study released by an agency insider.

Fears about repurchase requests made by Fannie Mae and Freddie Mac persisted beyond the crisis, but those fears don't match actual repurchase numbers.

During an event in Washington, Brian Moynihan touched on the regulatory environment as well as technological innovations like the distributed ledger that are changing the banking industry.

Consumer advocates are urging the Consumer Financial Protection Bureau to strengthen its proposal to rein in payday lending, arguing it would still allow borrowers to be abused.

The Federal Deposit Insurance Corp. was able to access emails between staff at the agency's Office of Inspector General in a possible violation of the watchdog agency's independence, the FDIC confirmed Monday.

Small-business lenders are scrambling for financing to accommodate a possible real-estate-related borrowing surge once a key federal rule change takes effect next week.

Bank of New York Mellon will pay a $30 million penalty to the U.S. Securities and Exchange Commission in a settlement related to the bank's pricing of foreign-exchange transitions.

First NBC Bank Holding in New Orleans, which delayed the release of its 2015 annual report earlier this year, said it has submitted a plan to Nasdaq to get back on schedule with its filing of financial statements.

The Federal Reserve Board is getting an earful from critics within and without the financial industry over its proposal to limit banks' credit exposures to a single entity.

WASHINGTON — Ripple Labs obtained a virtual currency license from the New York State Department of Financial Services on Monday, making it the fourth company with a BitLicense.