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An executive order in February called cyberthreats one of the most serious national security challenges our nation faces. Too bad most cybersecurity personnel were furloughed as part of the shutdown.
October 16
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Lenders continued to face headwinds in the third quarter as consumer loan demand weakened slightly in some parts of the country while others saw a small boost, according to a Federal Reserve Board report released Wednesday.
October 16 -
New York Attorney General Eric Schneiderman has named veteran litigator Chad Johnson to head the state's investor-protection bureau.
October 16 -
Fraud against the elderly is expected to rise as the nation's baby boomers near retirement. Bankers and regulators are keen on trying to get ahead of the issue.
October 16 -
If the states are determined to reform force-placed insurance and the CFPB is determined to reform add-on products, they should propose rules and subject them to meaningful public notice and comment periods.
October 16
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JPMorgan Chase & Co. (JPM) agreed to pay $100 million to resolve Commodity Futures Trading Commission claims that the companys London traders last year deployed a reckless strategy in derivatives.
October 16 -
Sen. Heidi Heitkamp believes the financial industry "isn't just about numbers," and is concerned that the regulations coming out of the 2010 Dodd-Frank Act do not "take into consideration long-term relationship banking."
October 16
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Billionaire investor Warren Buffett said JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon will withstand litigation and legal probes that led his bank to take a $7.2 billion charge in the third quarter.
October 16 -
Bank of America, JPMorgan Chase, Citigroup and Wells Fargo got credit for providing $15.4 billion relief to roughly 420,000 underwater borrowers last year, according to the settlement monitor.
October 16 -
Confusion and panic. Those are the words most often used by lenders when faced with the onslaught of mortgage regulations and other rules going into effect in three months. Regulators have sought to defuse concerns partly by attending industry conferences, but they have also made it clear that several other big changes are on their way. Following is a guide to what's ahead.
October 16


