Opinions

Congress should end Puerto Rico's exclusion from federal bankruptcy protection — but it's unfair to leave the territory's existing creditors in the lurch.

Capital One has received requests for information from federal regulators about its anti-money-laundering program and check casher clients, as authorities lean on banks to do a more thorough job policing their customers — and their customers' customers.

During an unusually aggressive bout of questioning for Yellen, particularly from a lawmaker generally regarded as supportive of the Fed chair, Warren questioned comments made by Fed General Counsel Scott Alvarez last year raising concerns with aspects of the financial reform law.

U.S. Century Bank inDoral, Fla., has received regulatory approval for its plan to raise $65 million in capital, according to a news report.

Community bank earnings surged 28% to $4.8 billion during the fourth quarter, compared to a 7.3% decline for the industry as a whole, according to a report released Tuesday by the Federal Deposit Insurance Corp.

WASHINGTON — An increase in litigation costs at a few large banks and lower noninterest income led to a year-over-year decline in earnings, the Federal Deposit Insurance Corp. said Tuesday.

The U.S. Justice Department is investigating whether the world's biggest banks manipulated prices of precious metals such as silver and gold, according to people with knowledge of the matter.

The unfortunate reality is that those who most need credit counseling help are also the hardest to reach. In a Q&A, the agency's financial literacy honcho, Gail Hillebrand, talks about efforts to empower the vast swath of American who aren't terribly savvy.

It's not quite too big to fail, but Ocwen is the country's largest servicer of subprime mortgages. So if it were forced to sell itself, or even failed, the transfer of some $410 billion in servicing rights could create havoc in the mortgage market, industry experts said.

WASHINGTON — Sen. Jack Reed, D-R.I., reintroduced legislation Monday that would require the president of the Federal Reserve Bank of New York to be nominated by the White House and confirmed by the Senate.