Law and regulation

A new report from the Bipartisan Policy Center backs the Federal Deposit Insurance Corp.'s "single-point-of-entry" strategy, but says congressional changes to the bankruptcy code could also do the trick.

The Federal Reserve Board said that eighteen of the largest U.S. bank holding companies will release partial results of their midyear stress tests to regulators on July 5.

The top GOP lawmaker on the Senate Banking Committee, Sen. Mike Crapo, is requesting more information about the Consumer Financial Protection Bureau's data collection practices, claiming that the agency has been "evasive."

Accept the limitations of quantification exercises. Management should focus on identifying and mitigating risks that alone or in combination could cause a bank to fail.

The central bank is too big, too leveraged, extremely short-funded and a frequent creator through its interest rate and money-printing actions of gigantic systemic risk.

Sen. Elizabeth Warren renewed her inquiry Tuesday into whether government officials have conducted any analysis into the trade-offs of settling an enforcement action without requiring an admission of guilt versus going to trial.

The bill would replace the misleading risk-based capital system with a straightforward way to determine the true health of an institution, in addition to providing incentives for the largest banks to downsize.

A senior U.S. regulatory official said Tuesday that global policymakers charged with adopting higher capital and liquidity requirements are gradually inching toward implementation.

Visa Europe Ltd. plans to "significantly" reduce the fees it sets for processing cross- border credit-card payments in a bid to allay European Union competition concerns, the bloc's antitrust watchdog said.

It’s important that models for stress-testing be capable of representing the nuances of the questions they are asked to answer. Insights would be lost if models are kept too simple.

The Consumer Financial Protection Bureau's push to encourage private lenders to refinance student loan debt is raising questions about whether the agency is focusing on the right target.

Scott Simon, head of mortgage-backed securities operations at fixed income giant Pacific Investment Management Co., argues on the eve of his retirement that the government-sponsored housing enterprises should continue to play a major role in housing finance.

JPMorgan Chase said it will face enforcement action from federal regulators over its collection practices and add-on products commonly appended to credit cards.

Sen. Mike Crapo, the top GOP lawmaker on the Senate Banking Committee, is requesting more information about the Consumer Financial Protection Bureau’s data collection practices.

WASHINGTON — The Federal Reserve Board said Monday that the largest U.S. bank holding companies will submit results of their company-run, midyear stress tests to regulators this summer.

Bankers truly face a Catch-22 in the lending business these days, thanks to "qualified mortgage" and disparate impact laws.

The gradual erosion of net interest margins and a compensatory shift toward risky new lending strategies for additional yield is a major factor for high chargeoffs and community bank failures.

Regulators on Friday seized two banks owned by the $1.6 billion-asset company. The failures could tangle the Lansing, Mich., company in what the Federal Deposit Insurance Corp. calls the cross-guarantee liability, meaning that the agency has the ability to charge Capitol's nine surviving banks with the cost of the failures.

New York's Attorney General charged Bank of America and Wells Fargo with hundreds of cases of failure to comply with the national mortgage servicing settlement recently. The claims made for lots headlines but may prove a non-starter in court.

Penny Pritzker, Obama's pick for Commerce Secretary, acted commendably in the failure of Superior Bank, says former FDIC chairman William Isaac, who represented her in talks with regulators at the time.