Opinions

WASHINGTON — The Federal Deposit Insurance Corp. was set to issue a proposal Tuesday that would require big banks to keep more detailed records on insured deposits to help expedite payouts in the event of a failure.

Consumers should receive the same level of protection whether they choose to do business with a bank or with marketplace lenders and other challengers.

Former Federal Reserve Board Chairman Paul Volcker said his proposal fixes a "lapse" in Dodd-Frank, but some observers are split over its significance.

Google will provide deposit insurance backing for funds stored with its wallet service, positioning the technology giant along with stored-value providers that use the FDIC's "pass-through" coverage. Here's why that matters.

Golden State regulators want to bar Internet lenders from linking electronically to borrowers' bank accounts and instead require them to accept paper checks as repayment. The proposal is a technological step backward, and it could ultimately force many online lenders to pull out of the nation's largest state.

WASHINGTON — The Consumer Financial Protection Bureau said Monday that it has ordered Fort Knox National Company to pay more than $3 million in restitution on grounds that a subsidiary hid certain fees charged to servicemembers.

The Federal Reserve, criticized by lawmakers for being too cozy with Wall Street, is considering tougher measures to restrict bank examiners from leaving to take jobs at firms they have overseen.

Banks and public interest groups are squaring off on whether the Federal Reserve Board should extend its proposed capital surcharge on the largest and most complex U.S. banks to be included in the agency's annual stress test analyses.

Former Federal Reserve Board Chairman Paul Volcker proposed a massive shake-up of the U.S. financial regulatory system on Monday that would consolidate oversight into three super regulators.

Sens. Joe Donnelly, D-Ind., and Pat Toomey, R-Pa., have unveiled legislation that would allow more community banks to qualify for an 18-month exam schedule rather than an annual one.