Law and regulation

CFPB Director Richard Cordray said employers "play a critical role" in strengthening consumers' financial capability.

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

The Federal Deposit Insurance Corp. knows it must put some meat on the bones of its process for dismantling large financial firms, but is struggling to strike the right balance between providing too much detail and not enough.

Thomas Hoenig, vice chairman of the Federal Deposit Insurance Corp., said banks chasing 20% returns are aiming too high.

Straightening out bad actors is fine, but it won’t resolve the inconsistencies and consumer confusion about overdraft protection cited by the Consumer Financial Protection Bureau.

Pakistan is considering a law requiring banks to give the country's tax revenue agency access to online databases of account holders and their transactions.

Rep. Carolyn Maloney, D-N.Y., the second-ranking Democrat on the House Financial Services Committee, earned a cameo in a ballet performance at the Metropolitan Opera House.

Bankers defended force-placed insurance practices and dodged questions about alleged industry kickbacks and price gouging at a private but well-attended meeting hosted by the Federal Housing Finance Agency.

The nation's highest court is expected to announce Monday whether it will hear arguments in a case with the potential to dramatically lower banks' exposure to allegations of lending discrimination.

Goldman Sachs chief executive Lloyd Blankfein backed Federal Deposit Insurance Corp. efforts, mandated under the Dodd-Frank Act, to create a rule for orderly closures of big firms.

The Consumer Financial Protection Bureau has lost more than a dozen senior officials in recent months, raising concerns whether the agency will be able to maintain the aggressive pace set during its nearly two years of existence.

Visa Inc. sued Wal-Mart Stores Inc. in a bid to stop the world's largest retailer from filing a lawsuit to press price-fixing claims over merchant swipe fees.

Federal regulators must not rely on standard measures of differences between outcome rates without considering the way those measures change simply because the frequency of an outcome changes.

NewBridge Bancorp (NBBC) in Greensboro, N.C., is acquiring a cash-strapped mutual at the behest of state regulators.

Sen. Elizabeth Warren voiced concerns Thursday about the regulatory burden facing community banks, asking whether the industry needs a two-tiered system of rules to keep the smallest institutions from being wiped out.

The Federal Deposit Insurance Corp. and Consumer Financial Protection Bureau released a training guide titled "Money Smart for Older Adults" to help banks, law enforcement and advocates of senior citizens deliver tips to older adults on preventing exploitation.

Goldman Sachs chief executive Lloyd Blankfein said regulators will not shy away from using their new "orderly liquidation authority" in the next crisis.

Despite opposition by the White House and Democrats, the House panel passed several derivatives bills that would modify provisions of the 2010 Dodd-Frank Act.

Bankers and regulators may need to study the barriers of entry into banking just as seriously as the NFL and Major League Baseball consider new franchises for football and baseball.

American Airlines parent company AMR Corp. intends to continue its affinity credit card relationship with Citibank, according to its revised plan to emerge from bankruptcy and merge with US Airways.