Law and regulation

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

Appearing between two higher-profile speakers at D.C. conference, Luis Aguilar reminds audience that Sean Connery did not in fact pass the baton straight to Roger Moore.

With just two weeks left before Congress takes a holiday recess, lawmakers are stepping up efforts to deter frivolous patent lawsuits against banks and a host of other companies.

PNC has put the historic Pennsylvania Avenue headquarters building of Riggs National Bank on the market.

The $806 million-asset company and the FDIC entered into a consent order related to AML and Bank Secrecy Act controls, staffing and administration, Banesco said Friday.

The New York State Department of Financial Services has approved three banks to convert to state charters.

WASHINGTON — The Federal Reserve on Friday launched an interactive Web site marking of its 100th anniversary since the U.S. central bank was created by President Woodrow Wilson.

Consumer Financial Protection Bureau Director Richard Cordray debunked myths on Thursday about the agency's new mortgage rule.

Reduced lending, fewer leaders in times of crisis and less innovation – that’s what we’d have if only the biggest banks were allowed to survive.

Colorado's top banking regulator — the only state supervisor to get overruled by the Federal Reserve Board on a failure — is retiring.

Federal Deposit Insurance Corp. Chairman Martin Gruenberg said the agency plans to release a report next year exploring how mobile phone use could help expand access to banks.

Metropolitan National Bank in New York is changing its name and ditching its national charter.

The Federal Reserve Board has ended a regulatory action against PathFinder Bancorp (PBHC) in Lake Oswego, N.Y.

The Federal Reserve Board says it followed a proper system for establishing debit interchange caps and fully abided by the Durbin Amendment's requirement for merchants to have two unaffiliated networks to choose from for routing debit transactions.

Consumer Financial Protection Bureau Director Richard Cordray said down payment standards are among the falsehoods rumored to be in the agency’s mortgage regulation that takes effect Jan. 10.

American Airlines and US Airways have argued that the combined airline will be good for "competition, consumers and choice." But just days before the merger's closing, changes that the airlines have made to a popular credit card reward may end up having the opposite effect.

A team of international regulators delivered a sweeping report on Thursday calling for significant changes to the Office of the Comptroller of the Currency's supervision process, including pulling examiners-in-residence out of the biggest banks and making changes to the bank rating system.

The Fed's vision of a vastly improved payments system within 10 years is getting a chilly reception from a group representing the nation's largest banks.

Treasury Secretary Jack Lew said Thursday that regulators will release a strict version of Dodd-Frank's Volcker Rule that would ban proprietary trading and investment in hedge and equity funds by banks.

The city of Newark, N.J., is moving forward with a foreclosure-prevention plan that could involve using the power of eminent domain to restructure underwater mortgages.