Opinions

The Federal Deposit Insurance Corp. has received five deposit insurance applications so far this year – an indication that the agency's open-for-business message is being heard by the industry.

Employee termination notices sent by Wells Fargo to the Financial Industry Regulatory Authority raise new questions about the bank's knowledge of fraudulent account openings and indicate it may have taken retaliatory measures against potential whistleblowers, three Democratic senators alleged Thursday.

No matter the outcome of the divisive 2016 election, the many regulations still in the pipeline from banking regulators are not going to come to a screeching halt when the next president takes the helm in January.

The agency released a plan last week that would stipulate that newly constructed homes financed by the Federal Housing Administration would have to be elevated two feet above the 100-year-based flood level.

Wells Fargo & Co. said the Securities and Exchange Commission is among regulators investigating the bank's sales practices following a scandal involving employees opening unauthorized customer accounts.

The former chairman of the failed Premier Bank in Wilmette, Ill., was sentenced to five years in prison after he pleaded guilty to defrauding the Treasury Department's Troubled Asset Relief Program.

The Consumer Financial Protection Bureau and the New York Attorney General filed a lawsuit Wednesday against two New York debt collectors for deceiving and harassing millions of consumers to pay inflated debts.

If modified, the cybersecurity standards in New York State are a step in the right direction to protect banks and consumers.

A lot of analytical horsepower is being spent on what will happen to the markets after the election, but it seems to make more sense to talk about what will not change for consumers, investors and financial institutions.

If Sen. Sherrod Brown becomes chairman of the Senate Banking Committee, he is likely to focus on toughening rules on the biggest banks, conducting oversight of scandals like the one at Wells Fargo and granting regulatory relief to smaller institutions.