Opinions

Calls for U.S. regulators to reform money-transmittal rules are growing after a California bank cut off remittances to Somalia.

The Swiss National Bank's unexpected move to unpeg the country's currency from the euro serves as a reminder that central bank policies and actions can be hard to predict. Bank risk managers should stay on guard.

The Federal Reserve Board has raised several concerns about the interbank fee that is part of an industry group's plan to make funds available to consumers on the same day. It's another speed bump in the road to modernizing the U.S. payment system.

Top executives from Bank of America, U.S. Bancorp, American Express, Visa, MasterCard, Microsoft and Apple are expected to participate as part of a White House summit on cybersecurity issues in California on Friday.

Top executives from Bank of America, U.S. Bancorp, American Express, MasterCard, Microsoft and Apple are expected to participate as part of a White House summit on cybersecurity issues in California on Friday.

Nearly four years after the Basel Committee published its guide and three years after JPMorgan's "London Whale," banks and the Fed still have a long way to go before operational risk can be reliably measured and mitigated.

The FDIC welcomed seven new members to a committee on Wednesday that will provide recommendations on policy and regulatory issues affecting community banks.

WASHINGTON — Federal bank regulators made a tool available on Wednesday to help banks calculate capital requirements for securitization exposures.

GOP lawmakers on Wednesday harshly criticized the Federal Housing Administration's recent move to lower insurance premiums, saying it violates the law and will be used to entice borrowers into predatory loans.

The central bank is floating the concept of using the Internet to facilitate the direct clearing of transactions between financial institutions, which would likely diminish its own role in the U.S. payment system.