Law and regulation

Freshman Rep. John Delaney is said to be considering a gubernatorial run in Maryland but he said Saturday that he plans to stay in Congress.

The JPMorgan Chase chief’s recent raise is sure to reignite debate over executive compensation and how bank CEOs should be judged.

Authorities arrested the former CEO of a defunct Bitcoin exchange company on charges of conspiring to launder more than $1 million for users of the online drug market Silk Road.

Authorities arrested the former CEO of a defunct Bitcoin exchange company on charges of conspiring to launder more than $1 million for users of the online drug market Silk Road.

The Postal Service could raise $8.9 billion annually by offering reloadable debit cards, loans, remittances and other financial services products that target the underbanked, according to a report issued Monday by the agency's Office of Inspector General.

Tim Pawlenty, president and chief executive of the Financial Services Roundtable, is urging Congress to pass information-sharing legislation and toughen requirements on retailers in the wake of the major data breach at Target.

Sheila Bair, who ran the Federal Deposit Insurance Corp. during the financial crisis, will become an independent director for the Spanish banking powerhouse.

Federal legislation is needed to enhance cyber-threat information sharing so that good-faith responsive actions and information sharing will not trigger legal liability.

Experienced community bank executives know that failure to manage their bank’s sensitivity to interest rate risk can cause financial troubles.

Utah residents, by a 2-to-1 margin, favor more state regulations over payday lenders, according to a SurveyUSA poll.

The Office of the Comptroller of the Currency on Friday named Kevin Walsh as its deputy comptroller for market risk.

A group of 33 senators, mostly Democrats, is urging the new head of the Federal Housing Finance Agency to resume funding for two affordable housing trust funds.

WASHINGTON -- The Federal Reserve Board on Friday announced additional supervisory expectations for eight of the largest U.S. banks as part of their preparedness for future crises.

A bipartisan group of senators are urging Treasury Secretary Jack Lew not to rely on a recent Office of Financial Research study as basis for labeling asset management firms as systemically risky.

The Oklahoma State Banking Department has closed Bank of Union in El Reno.

More than five years after the financial crisis, President Obama could once again turn some attention to the Dodd-Frank Act and the housing market during his State of the Union address next week.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

JPMorgan Chase & Co. (JPM) gave Chief Executive Officer Jamie Dimon a 74 percent raise to $20 million last year, bringing his pay closer to where it stood before the board faulted his oversight of botched derivatives bets.

Regulators have been investigating a broader range of offenses that can trigger money laundering charges than a few years ago, says Henry Balani, a managing director at consulting firm Accuity. In addition to traditional predicate offenses (such as sanctions violations), banks now must guard against potential laundering of proceeds from tax evasion, bribery and corruption, and securities and mortgage fraud. Also, global banks that hope to grow by financing trade, particularly in newly opened markets like Shanghai, must make sure that the goods transported under their letters of credit are not used for nefarious purposes, Balani says.

Only three pages out of 40 in the OCC’s recent report cover interest rate risk. The discussion is toward the back. And the detail provided in quantifying exposures is scant.