Opinions

Modern giants are likely to behave at least as badly as their World War II counterparts.

First Merchants (FRME) in Muncie, Ind., has exited the Small Business Lending Fund.

If consumers were worried about a government shutdown or stalled debt ceiling talks affecting the economy, they didn’t show it by holding off on credit card spending in October, a First Data Corp. report indicates.

Wall Street banks reeling from a flurry of activity by departing U.S. Commodity Futures Trading Commission Chairman Gary Gensler are considering taking the agency to court.

Lenders’ choices today are stark: Make Qualified Mortgage loans and risk being sued under the disparate-impact doctrine; make non-QM loans and risk being sued under the ability-to-pay-doctrine; or sell their loans to Fannie Mae and Freddie Mac.

Former Chairman of the House Financial Services Committee Barney Frank called Friday for both stringent standards and lenient enforcement around the 2010 Dodd-Frank law's Volcker Rule.

Regulators are closing in on a final Volcker Rule to restrict proprietary trading, dialing up certain requirements related to documentation while providing some flexibility on "market making" activities. This story includes a fully interactive timeline on Volcker's contentious history.

The world of lending and loan servicing is undergoing huge transformation, with operational changes that will take time to play out.

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NEW YORK — Federal Reserve Bank of New York general counsel Thomas C. Baxter Jr. criticized the financial services industry's ethics and culture on Friday, faulting bankers for valuing profits over relationships.