Opinions

Interest rates will rise sooner or later, and banks should be prepared to manage their risk exposures, according to a new report from the Federal Deposit Insurance Corp.

It should be obvious that no one in his or her right mind would design the bank regulatory system we have today. No third-world country's bureaucracy is so byzantine.

American Express has been ordered by federal regulators to pay nearly $76 million to settle allegations that it used to deceptive marketing and unfair billing practices to sell credit card add-on products to its customers.

Regulators have finalized the Volcker Rule governing banks' trading activity, the industry is likely to legally challenge many of the specifics, says Ingmar Bromstrup, a Principal at The Boston Consulting Group.

The Monetary Authority of Singapore (MAS), the country's central bank, has decided not to interfere with transactions made in the digital currency.

For the second time in a little over a year, regulators have punished the credit card giant for allegedly using deceptive marketing and unfair billing practices in selling add-on products.

American Express has been ordered by federal regulators to pay nearly $76 million to settle allegations that it used to deceptive marketing and unfair billing practices to sell credit card add-on products to its customers.

According to many, 2013 was meant to be the year that policymakers made technical corrections to the Dodd-Frank Act. But that didn't happen — and may not occur in 2014 either. Here's why.

The Federal Reserve is proposing changes required by the Dodd-Frank Act of 2010 to regulations governing its ability to extend emergency lending to struggling financial firms.

Parke Bancorp (PKBK) in Sewell, N.J., has raised roughly $20 million in a private placement.