Law and regulation

The U.S. District Court for the District of Columbia has sided with regulators in the decision to shutter United Western in 2011.

Loan demand by businesses and consumers remained mostly level in the fourth quarter across the country, according to a survey released by the Federal Reserve Board on Wednesday.

U.S. Attorney General Eric Holder said Wednesday that a bank's size can make it difficult to prosecute, adding significant weight to critics' concerns that some institutions are "too big to jail."

A transcript of Attorney General Eric Holder's remarks before the Senate Judiciary Committee, in which he discusses the idea that some banks are 'Too Big to Jail.'

The Home Affordable Refinancing Program should not be judged by the total number of completed refis. The true measure of success of any mortgage relief program should be the percentage of high-risk borrowers who ultimately benefit.

The Federal Reserve Board said March 5 it would not adjust its cap on interchange fees.

PayOne's lawsuit against Home Depot over its use of PayPal's point of sale payments technology is not the first legal battle PayOne has pursued with an entity tied to PayPal — and, the company says, it may not be the last.

Sen. Richard Shelby, R-Ala., a senior member on the Senate Banking Committee, introduced two bills on Tuesday aimed at fixing technical errors in the 2010 Dodd-Frank Act and requiring regulators to complete economic analysis when crafting any new rules.

The size of the largest financial institutions has made it difficult for the Justice Department to bring criminal charges, Attorney General Eric Holder said.

House and Senate lawmakers plan to introduce legislation that would allow more swaps trading to be conducted at banks that have federal insurance by repealing part of the Dodd-Frank Act.

Breaking up the nation's megabanks will not herald a new Golden Age where market discipline reigns supreme.

PayOne is filing a lawsuit against Home Depot, claiming Home Depot’s use of in-store checkout technology from PayPal infringes on PayOne patents.

Noting a series of “self-inflicted” issues that have hampered the company's performance, VeriFone CEO Doug Bergeron promised a series of overhauls at the payments technology provider, including a renewed focus on research and development and better management of the resources dedicated to creating country-specific configurations of its products.

WASHINGTON — The Federal Reserve Board said Tuesday it would not adjust its cap on interchange fees, leaving it at 21-cents per transaction.

Sen. Richard Shelby introduced two bills on Tuesday aimed at fixing technical errors in the Dodd-Frank reform law and requiring regulators to complete rigorous economic analysis when crafting new rules.

FHFA Director Ed DeMarco is planning to create a joint securitization platform by Fannie and Freddie, a significant step toward winding down the mortgage giants. We offer frequently asked questions on what it means for the industry and the future of housing finance reform.

Political support for ending "too big to fail" is growing, several prominent observers — including Sen. Sherrod Brown and former FDIC Chairman Sheila Bair — said at an event on Tuesday.

Rep. Maxine Waters, the senior Democrat on the House Financial Services Committee, said she and her colleagues are asking for a quicker pace of work to implement diversity provisions of the Dodd-Frank Act.

The U.K.'s Financial Services Authority says it could have responded better to evidence that banks had manipulated the London Interbank Offered Rate.

Rep. Maxine Waters, the ranking member on the House Financial Services Committee, said she and some colleagues are frustrated with the pace of work to implement diversity provisions of the Dodd-Frank Act.