Opinions

Regulators' reviews of big banks' internal resolution plans will become more rigorous in 2014 as a debate grows over what parts of the plans can be seen by the public.

A group of Republican senators introduced a bill Thursday evening to address concerns about treatment under the Volcker Rule of collateralized debt obligations backed by trust-preferred securities.

President Obama on Friday formally announced plans to nominate three top officials to serve as governors of the Federal Reserve Board.

Four Oaks Fincorp (FOFN) in Four Oaks, N.C., and its bank have agreed to pay $1.2 million to settle claims they ignored warning signs of a scheme to defraud customers.

A sweeping set of mortgage rules that primarily target underwriting standards is due to take effect on Friday, but lenders, regulators and market experts remain unsure exactly what their impact will be.

The qualified-mortgage rule, reduced refi activity and ongoing commoditization are forcing smaller institutions to take a hard look at exiting the mortgage origination business.

If regulators want to limit the damage in Main Street communities, they should completely exempt Trups CDOs from the Volcker Rule. This would avoid needless writedowns without putting Main Street communities at financial risk.

Sen. Mark Warner, D-Va., introduced legislation Thursday that would require banks to provide greater transparency around prepaid card fees.

Big banks have gotten an unfair rap and regulators an unjustified free pass since the financial crisis -- so argues longtime banking industry analyst Richard X. Bove in a new book. The outspoken Bove, now with Rafferty Capital Equity Research, tells American Banker why he believes the Dodd-Frank Act was unnecessary and federal regulators to blame for failing to prevent the crisis.

The European Commission is sticking to its original Single Euro Payment Area migration deadline of next month, but is establishing a grace period of an extra six months for banks and businesses struggling to make the switch to euro payment formats.