Banco Popular de Puerto Rico

Lawmakers recently introduced legislation to delay implementation of a new accounting standard for current expected loan losses. But policymakers should seek to preserve the accounting body’s independence.

Many people still distrust banks, but many also look askance at the social media giant, making it an unlikely savior of the unbanked.

Christine Lagarde, the head of the International Monetary Fund, refuses to attend any meetings in which she would be the only woman; Sallie Krawcheck says the fact that women still are paid less than men is partly the fault of society at large; and more in this week's WIB Scan.

Regulators could collaborate on a superagency to streamline laws.

Credit unions and the rest of the financial services sector, in the spirit of recent criminal justice reform, should be more open to hiring workers with low-level criminal convictions.

An accusation of sexual discrimination plays out in court for BNP Paribas; Jeffries’ top execs chastise Wall Street men over #MeToo paranoia; blockchain startup loses Blythe Masters; and RBS might make history with a female CEO-CFO duo.

Financial institutions had used existing banking laws as a shield against broader privacy protections, but a California law enacted this summer could threaten that strategy.

The promotion of “insured” accounts by nonbanks and fintechs is a worrying trend, because it could leave customers falsely believing their accounts are just as safe as FDIC-insured ones.

Media reports say President Trump is polling advisers on whether he can fire the head of the central bank. He probably can't, but that may not stop him from trying.

There is no banking crisis, but the president’s actions are threatening to create one.