Law and regulation

The Bancorp in Wilmington, Del., again delayed the filing of its annual report after it found $24 million in additional loan losses that should have been reported in earlier periods.

FHFA report shows FHLBs are well capitalized while Fannie and Freddie continue to see improving loan performance.

MetLife is asking a federal court to force the Financial Stability Oversight Council to hand over documents that the agency says are protected by confidentiality agreements, saying those agreements cannot shield discovery if they are the basis of a systemic designation.

One key test of banks' latest living will submissions, the first batch of which are due Wednesday, is whether the public portions of their plan are understandable to the public. If they aren't, regulators are ready to take tough action against institutions.

Citigroup overtook JPMorgan Chase to become the largest derivatives dealer in the U.S. The firm's derivative contracts as measured on a notional basis were $56.6 trillion at the end of first quarter, while JPMorgan came in at $56.2 trillion.

Culture is measured in the good banks do for communities and customers, employees and shareholders. That kind of culture must be built over generations.

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Citizens Community Bank in South Hill, Va., has redeemed about 75% of its outstanding preferred stock in the Small Business Lending Fund.

Many in the banking industry on Friday voiced support for the Supreme Court's decision to legalize gay marriage nationwide and discussed how it would have an impact on their businesses.

As the fifth anniversary of Dodd-Frank approaches, regulators in the U.S. and around the world appear to be joining the financial industry in favoring an approach to shadow banking that focuses on risky activities, rather than entities.

A recap of the informed opinions (and the discussions they generated) on BankThink this week, including a proposal to regulate banks based on their activities rather than size and a plea for members of Congress to take action to help community banks.

WASHINGTON — Certain indicators of financial risk appear to be getting worse, including term premiums for Treasury bonds and dealer inventories of fixed-income assets, according to the Office of Financial Research.

Colorado has named a new state banking commissioner, after an interim commissioner has held the job for almost 18 months.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

Banks need to take a hard look at the age-old practice of using signatures to authenticate card payments, Federal Reserve Gov. Jerome Powell said Thursday.

Despite some silver lining, analysts say the Supreme Court decision upholding "disparate impact" in fair-lending disputes will only embolden activists and regulators to bring more cases.

During a hearing Thursday, Democrats wanted to talk about anything but allegations of employee discrimination at the CFPB raised by recent American Banker articles. Instead, they wanted to focus on alleged discrimination by banks and other companies.

The Consumer Financial Protection Bureau went forward with a controversial move Thursday to include narratives in its complaint database.

If Congress fails to extend the Mortgage Debt Forgiveness Relief Act, thousands of homeowners still suffering from the effects of the housing crisis could be forced to pay federal income tax on loan modifications or foreclosures.

First Mariner Bank in Baltimore has been released from a six-year-old enforcement action, after the bank filed for bankruptcy last year and was acquired by a group of Baltimore investors.