Opinions

Of the 575 official complaints against Capital One's plan to buy ING Direct, only one stuck: The credit card lender has been a serial screw-up when it comes to getting delinquent borrowers to pay up, the Fed found.

Two leading scholars on executive compensation at banks argued to Congress that proposed new regulations don't go far enough to fix bad incentives.

Waccamaw Bankshares scored a minor victory tied to a 2010 capital infusion, though its president said the result only buys time to explore "strategic alternatives."

On what basis do the MMFs think that they are entitled to run a multi-trillion dollar business, in this day and age, without any capital to stand behind any mistakes they may make?

Citigroup Inc. agreed Wednesday to pay $158.3 million to settle claims that its mortgage unit improperly originated Federal Housing Administration loans, a swift reminder that the massive national mortgage deal does not insulate banks from other mortgage-related claims.

CitiMortgage has agreed to pay $158.3 million to resolve allegations by the U.S. related to the quality of loans it submitted to a government-backed mortgage insurance program.

Why community banking is crucial to the nation's long-term growth.

Consumer Financial Protection Bureau Director Richard Cordray told a House panel said the bureau intends to provide more information about its budget and expenditures going forward.

A judge has approved Bank of Hawaii's deal to pay $9 million to settle a class action involving overdraft fees.

With the recess appointment of the director of the Consumer Financial Protection Bureau, the agency is becoming even more active and issues are coming into focus. Financial institutions subject to its jurisdiction should pay attention to its Supervision and Examination Manual published in late 2011.