Opinions

Too-big-to-fail stifles economic growth. Oligopolies and asset concentration strangle competition and suppress innovation, job creation and free markets in financial services, as they once did in oil, steel and telecommunications.

How misleading claims by both credit unions and banks are clouding the debate over business lending at the non-profits.

A broad coalition of housing advocates and banking industry trade groups called on the Consumer Financial Protection Bureau Monday to broadly define "qualified mortgage" when it issues a final rule this year.

Industry watchers expecting foreclosure trends to follow a predictable path are destined for surprises, as the recent figures from RealtyTrac demonstrate. March marked a 4-year low in new foreclosures, with actions increasing in judicial states, but surprisingly declining in non-judicial ones. In the aftermath of the AG settlement with the major servicers, this result seems counterintuitive to say the least. However looks may be deceiving on closer examination.

A European mobile wallet venture led by telecommunications operators has run into a setback with regulators.

WASHINGTON — Banking regulators in some states have expanded the use of a mortgage licensing system to include non-banks, the Conference of State Bank Supervisors said Monday.

Industry observers are concerned that banks could get caught flat-footed as regulators ramp up oversight of Bank Secrecy Act and Anti Money Laundering policies.

Second-step conversions by mutual holding companies have been in a freeze since last summer, but at least one analyst believes that the market is set to thaw.

The American Bar Association argued a CFPB rule to protect privileged bank information is flawed because it presumes the agency has a right to the information in the first place.

Pacific Valley Bank in Salinas, Calif., announced it intends to de-register its thinly traded shares and suspend filing periodic financial reports with the FDIC as a result of the Jumpstart Our Business Startups (JOBS) Act signed into law this month.